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Editor’s note WITH OIL PRICES on the rise as economies rebound, oil market prospects are looking up. Global oil demand is set to return to pre-pandemic levels by the end of 2022, rising 5.4mn bpd in 2021 and a further 3.1mn bpd next year, according to the IEA’s June oil market report. This is reflected in a more positive outlook for EPC projects, as we report on p16. ADNOC, for example, recently awarded EPC contracts amounting to US$318mn to connect smart wells with production facilities, while Saipem has been awarded the extension of two important contracts for onshore drilling activities in Saudi Arabia which it regards as a “positive sign of a gradual resumption of activities following the COVID-19 pandemic”. With the energy transition and emissions reduction now at the top of the agenda, we look at Oman’s push into clean energy developments (p12), while our technology section covers a wide range of areas from well integrity and flow control to artificial lift, data management and Digital Twins.
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Contents
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Calendar
Technology
International Representatives
4
24
Nigeria
USA
Bola Olowo +234 8034349299 bola.olowo@alaincharles.com Michael Tomashefsky +1 203 226 2882 +1 203 226 7447 michael.tomashefsky@alaincharles.com
Head Office: Alain Charles Publishing Ltd University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, United Kingdom +44 (0) 20 7834 7676 +44 (0) 20 7973 0076 Middle East Regional Office: Alain Charles Middle East FZ-LLC Office L2-112, Loft Office 2, Entrance B, P.O. Box 502207, Dubai Media City, UAE +971 4 448 9260, +971 4 448 9261 Production: Srinidhi Chikkars, Dinesh Dhayalan, Swati Gupta and Nelly Mendes production@alaincharles.com
Executives’ calendar Listings of regional and international events, both in-person and virtual, and a look ahead to Gastech 2021
Developments
Oman 12
28
Oman presses ahead with green energy projects
PDO powers on
Disrupting existing assets with cloud and digital twins
Oman’s energy sector is in good shape, under the stewardship of its leading oil and gas company
Digital twin creation for capital maintenance and brownfield projects
Printed by: Buxton Press
32
EPC 16
34
The evolving role of well integrity The pressures shaping the well integrity market, and the factors that will drive change for the discipline in the future
Oil Spill Keeping the seas clean Oil and waste spills can have disastrous consequences
19
Addressing data challenges in the midstream sector How midstream operators can make the best use of their data to optimise their processes
Prospects for EPC contractors looking up EPC contractors are enjoying a steady project pipeline in the Gulf, despite global challenges
18
Addressing the issue of liquid loading A new subsurface artificial lift technology which alleviates liquid loading and extends productive well life
30 14
The mitigation of sour corrosion at lower treatment rates Alleviating corrosion risk in the field
Oman’s oil and gas companies are playing a leading role in new green energy projects
Chairman: Derek Fordham
© Oil Review Middle East ISSN: 1464-9314
26
A round-up of the latest news from around the region
Subscriptions: circulation@alaincharles.com
Printed in: June 2021
The importance of measurement uncertainty analysis for multiphase flow meters
News 6
How to be certain of the uncertainty of an MFM
Innovations 40
The latest product advancements
Ten things to do to improve oil spill preparedness Guidance to help companies put in place prevention barriers and readiness actions
Industry developments
Arabic 4
Analysis
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