OIL and gas remain a critical part of the global energy mix, with the Middle East region home to some of the world’s top energy producers.
According to the International Energy Agency (IEA), energy investment in the Middle East is expected to reach approximately $175 billion in 2024, with traditional energy supplies dominating the region’s exploration and production (E&P) activities.
As Middle East operators pursue more complex, deeper reservoirs to access untapped energy resources in exploited fields, downhole perforating and completions technologies will be vital in securing the region’s energy future and meeting global demand.
A suite of new and existing technologies tailored for the Saudi land market and Middle East operations brings forward automated solutions for the wellsite and clean tunnel perforating systems that can significantly reduce opex in an era of capital discipline.
Three innovative technologies in particular are helping oilfield companies overcome complex well challenges to optimise completions.
REDUCING RIG TIME & CLEANUP COSTS
Perforating technologies have a major impact on efficient production operations. Technologies such as GEODynamics’ Connex® can help oilfield companies in the Middle East tackle tighter, more complex conventional sandstone formations and make wells more productive for greater return on investment.
It’s able to remove the perforation skin to restore a perforation tunnel to near virgin porosity and permeability.
This technological approach works by clearing out the compaction zone in a perforating zone.
A patented charge liner material is deposited along the tunnel, cleaning exothermically when introduced to heat and pressure.
This cleaning action creates significant pressure within and around the tunnel, breaking up and expelling the crushed zone compacted debris back into the well bore.
This story is from the November 2024 edition of Oil and Gas News.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the November 2024 edition of Oil and Gas News.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
SABIC Exhibition to explore innovative tech in downstream
THE 14th edition of the region's largest petrochemical exhibition will be held from January 2630, 2025, in the Jubail Industrial City of Saudi Arabia.
New Emerson solution reduces energy costs
EMERSON has introduced its Energy Manager solution, a pre-engineered hardware and software offering designed to simplify industrial electricity monitoring.
WEG launches W80 AXgen motor
WEG, a global leader in motor manufacturing, has launched the W80 AXgen electric motor, designed for Original Equipment Manufacturers (OEMs).
AMETEK launches quartz microbalance analyser
AMETEK Process Instruments has introduced its next-generation quartz crystal microbalance (QCM) moisture analyser, the 3050OLV, a modern update to a product with over 25 years of reliability and performance.
Clariant catalysts to help cut emissions at Hengli's plant
CLARIANT, a sustainability-focused chemical company, has installed its EnviCat N2O-S catalyst at Hengli Petrochemical's nitric acid plant in Dalian, China.
TotalEnergies installs methane devices
AS part of its ambition to aim for near-zero methane emissions by 2030, TotalEnergies announces that the company is going a step further in the monitoring and reduction of its methane emissions with the deployment of continuous, real-time detection equipment at all of its operated Upstream sites.
More countries declare support for plans to triple nuclear power
AT the COP29 UN climate change conference in Baku, Azerbaijan, six additional countries El Salvador, Kazakhstan, Kenya, Kosovo, Nigeria, and Turkey have joined the call to triple global nuclear energy capacity by 2050, reported World Nuclear News.
Singapore allocates $74 million for green marine energy
SINGAPORE'S of S State, Alvin Tan, announced a SGD$100 million ($74 million) government investment to boost green growth in the marine and offshore energy sector over the next five years at OSEA 2024. The three-day tradeshow attracted over 500 exhibitors and 15,000+ attendees from 100 countries.
India, donor countries abandon energy transition partnership
INDIA will not proceed with the Just Energy Transition Partnership (JETP) initially discussed with donor countries like the US and Germany, aimed at aiding its transition from fossil fuels, particularly coal.
Aramco, Rongsheng in deal for Sasref expansion
SAUDI oil giant Aramco has anSA nounced that it has, along with its key affiliate Saudi Aramco Jubail ReCompany finery (Sasref) signed a development framework agreement with Chinese group Rongsheng Petrochemical at a special event in Beijing that paves the way for expansion of a vital Sasref faclity in Jubail.
