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Editor’s note THIS ISSUE’s COVER story looks at the buoyant project market in the Middle East, as the region’s NOCs ramp up capital expenditure in response to the tightening oil market and high oil prices. Projects such as Saudi Arabia’s Jafurah unconventional gas field development and Qatar Energy’s North Field expansion offer fertile opportunities to contractors (p16). Petroleum Development Oman (PDO) celebrates its 85th anniversary this year, and looks in fine form, having unveiled the Yibal Khuff project in 2021, its second largest ever. At the same time, the company is looking to the future and developing new low-carbon value chains (p14). We also address the evolving nature of oil spill response as new marine fuels are developed (p20), while our technology section covers the optimisation of flow meter data for better decision making (p24), boosting production while reducing methane emissions (p30) and addressing industry challenges with tomographic imaging (p34).
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Contents
International Representatives
Calendar
Nigeria
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USA
Bola Olowo +234 8034349299 bola.olowo@alaincharles.com Michael Tomashefsky +1 203 226 2882 +1 203 226 7447 michael.tomashefsky@alaincharles.com
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Executives’ calendar
How tomographic solutions can help reduce OPEX, avoid unplanned shutdowns, monitor product quality and cut carbon emissions
Listings of events, and a look ahead to ADIPEC and SOGAT
News
Addressing industry challenges with tomographic imaging
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Enhancing production efficiency with the digital twin
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
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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
PDO Review
Energy Transition
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Developments
How the digital twin can help companies achieve their production and sustainability objectives
A round-up of the latest news from around the region
Navigating a path through the energy transition Petroleum Development Oman (PDO) celebrates its 85th anniversary this year, while looking to the future
Production: Dinesh Dhayalan, Ranjith Ekambaram and Eugenia Nelly Mendes production@alaincharles.com Subscriptions: circulation@alaincharles.com Chairman: Derek Fordham
EPC
Printed by: Buxton Press
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Building tomorrow’s energy supply
How decarbonisation, decentralisation and digitisation are shaping the energy sector
Finance 40
The latest EPC contract activity highlights the massive Gulf energy investment drive
Printed in: June 2022 © Oil Review Middle East ISSN: 1464-9314
Oil Spill 20
The evolving nature of oil spill response
Three trends shaping the energy transformation
Seeing strong growth potential in the Middle East The expansion of Houlihan Lokey’s oil and gas team in the Middle East
Shipping 41
Prospects for the shipping market The state of play for shipping, and the future bunker fuel market
Considerations oil spill responders need to be aware of as new marine fuels are developed
Innovations Technology 24
Optimising flow meter data for better decision making How flow meter data can be optimised by generalising data-driven models
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Boosting production while reducing emissions
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Product advances in oil and gas
Arabic 4
Analysis Front cover image: Adobe Stock
Treating liquid loaded gas wells in a method that reduces methane emissions
www.oilreview.me email: orme@alaincharles.com Issue 4 2022
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