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27 Sep
2011

MEOS 2011 - Brilliant Fact of the Day
Posted by: Arabian Oil & Gas Staff


MEOS 2011 - Brilliant Fact of the Day

MEOS Day 2: Fact of the Day

There are 32,000 trillion cu ft of unconventional gas in the world, 3,300 trillion of which is in the Middle East.

Source: H S Al Manwani, Saudi Aramco
 

 

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 3 Comments

Labels:Gas BLOG
 


09 Jun
2011

Big debate: How do you solve a problem like OPEC?
Posted by: Patrick Osgood


Big debate: How do you solve a problem like OPEC?

In a comment piece today, I make the case for OPEC's impending implosion, following their disastrous meeting on Wednesday in which the member countries could not agree over oil production, despite predictions they would do so.

Following news that Saudi Arabia is ready to pump as much oil as the market needs, I say:

"the largest member of OPEC is simply ignoring the cartel’s inactions that these days pass for decisions, despite the obvious rage this will cause and the risk it poses to the integrity of the cartel itself. It would be difficult to imagine a more stark rejection of... more...

 1 Comments

Labels:OPEC BLOG
 




19 Apr
2011

Is Dubai wise to diversify its power generation?
Posted by: Emran Hussain


Is Dubai wise to diversify its power generation?

Dubai's Supreme Council of Energy is planning to reduce the Emirate's dependence on gas consumption for its electricity genertion needs from 90% to 70% as part of its plans to diversify its energy sources.

Nejib Zaafrani, CEO of the Council's planning body said that it is is studying plans to start producing power from clean coal and solar energy by 2020 and from nuclear plants by 2030.

Whilst Dubai is a rich hub of business and real estate activity, it hardly produces enough oil to support its burgeoning infrastructure - the Emirate produces less than 4% of the UAE's oil.

We'd like to know whether or not you believe the initiative taken by Dubai to broaden its energy sources serves as a model for the rest of the Gulf region. If you live in the region, would you support such policies in your country, and what, if any steps is your government taking to diversify... more...

 7 Comments

Labels:lng Gas Dubai BLOG
 




09 Dec
2010

How will oil at US$90 affect Oil & Gas industry?
Posted by: Emran Hussain


How will oil at US$90 affect Oil & Gas industry?

As crude hovers near the US$90 mark, OPEC members seem to be quite comfortable with allowing the price to finally hit this ‘magic’ number. According to analysts $90 per barrel will not trigger the pumping in of extra oil into the market as the oil cartel is reluctant to fiddle with its official output targets.

If the world’s major oil producers are unlikely to budge on production quotas, there is sure to be a knock-on affect on worldwide oil and gas development and the Middle East would be no different in this regard, although the hydrocarbon-rich region could certainly absorb the blow.

World oil demand is being led single-handedly by China’s massive economy with its voracious energy demand. This could see global demand grow by 2 million barrels per day (bpd) to over 86 million bpd bringing it back up to the pre-economic-downturn levels seen... more...

 15 Comments

Labels:BLOG prices Oil & Gas
 




06 Jul
2010

Royal prerogative: Is Saudi Arabia's King right?
Posted by: Daniel Canty


Royal prerogative: Is Saudi Arabia's King right?

Saudi Arabia's King Abdullah has been quoted in newswires ordering a halt to oil exploration operations, in order to save the hydrocarbon wealth in his Kingdom for future generations.

But exploration itself is all about learning more, investigating the resources and reservoirs, and looking for new finds. The "E" in E&P doesn't necessarily drive the "P", or does it? 

On the one hand, exploration activity conducted now might represent something of a bargain, still way below the crazy costs which materialised when oil was $147 a barrel, when every man and his dog wanted to know whether there was oil beneath his feet.

However, once a resource is known about, there will be the overwhelming temptation to start pumping it out the ground, flooding national coffers with petro dollars, which in turn can stimulate massive public spending... more...

 30 Comments

Labels:Saudi Arabia BLOG Oil & Gas
 




31 May
2010

NEW VIDEO: Deepwater Horizon survivor account
Posted by: Arabian Oil & Gas Staff


NEW VIDEO: Deepwater Horizon survivor account

This video features the Deepwater Horizon tragedy survivor Mike Williams being interviewed on US television show 60 Minutes. The clips have attracted nearly 40,000 views since it was first posted earlier this month.

Part One:

 

Part Two:

 

Part Three: more...

 2 Comments

Labels:BP oil spill Transocean Gulf of Mexico BLOG oil spill response Deepwater Horizon
 




11 May
2010

New BP Video: ROV conducts key subsea operations
Posted by: Daniel Canty


New BP Video: ROV conducts key subsea operations

A remotely operated vehicle uses a saw to cut a ruptured pipe in preparations to stop a leak at the site of the Deepwater Horizon tragedy, May 3, 2010.

The ROV was critical in completing the subsea operations and stopping one of the three leaks. Video provided by courtesy of BP.

BP and the US Coast Guard are spearheading what is thought to be the largest ever oil spill response operations out of Louisiana on the Gulf of Mexico. Their mission to clean up millions of gallons of oil which have gushed into the sea following an explosion and fire which destroyed the Transocean semi submersible drilling rig Deepwater Horizon.

Have you been... more...

 4 Comments

Labels:BP BLOG oil spill response subsea GoM
 




18 Mar
2010

Video: Huge gas blowout in Alaska
Posted by: Peter Ward


Video: Huge gas blowout in Alaska

 

This gas blowout in Alaska is one of the most fierce caught on camera. This shocking footage shows the importance of blow out protection and the dangers the drilling sector faces every day.

 

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 1 Comments

Labels:Gas BLOG video blowout
 


11 Mar
2010

Video: US refinery explodes
Posted by: Peter Ward


Video: US refinery explodes

In March 2005 several explosions and a fire occured during the startup of the isomerization unit at the BP Texas City refinery. The below video explains how and why the accident happened and what could have been done to prevent it.

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 2 Comments

Labels:BLOG refinery explosion
 


07 Mar
2010

Video: Tanker engulfed in perfect storm
Posted by: Peter Ward


Video: Tanker engulfed in perfect storm

Mother nature can be an oil tanker's worst enemy, and this video footage shows just why. Ignore the horrendous Bulgarian folk music and what you'll see below is truly breathtaking. As Alan Partridge would say: crash, bang, wallop - what a video.

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 0 Comments

Labels:BLOG Tanker
 


01 Feb
2010

Video: World's largest jack-up rig
Posted by: Kevin Baxter


Video: World's largest jack-up rig

Our friends from Maesrk have kindly provided us with a virtual tour of the world's largest jack-up structure.

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 5 Comments

Labels:BLOG video
 


24 Jan
2010

Video: Texas oil spill
Posted by: Kevin Baxter


Video: Texas oil spill

Footage from the recent oil spill at Port Arthur in southeast Texas. Great news to hear that no-one was injured in the ollision that caused the spill or that no wildlife is believed to have been effected. 

 

 

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 0 Comments

Labels:BLOG video
 


14 Jan
2010

Salt caves offer UK solution for gas storage
Posted by: Kevin Baxter


Salt caves offer UK solution for gas storage

A quirky story today’s edition of the UK newspaper The Times reports that a company called King Street Energy to develop ten underground salt caverns in the North West of England into an enormous gas storage facility.

The ambitious plans has won backing by the British government, who are looking for ways to increase gas storage facilities in the UK.

At present the UK only has the facilities to store 5% of annual gas consumption whereas France and Germany has enough storage for 20%.

If any of our readers can think of a better or sillier way of storing gas then please leave a comment.
 

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 3 Comments

Labels:BLOG
 


07 Jan
2010

Video: an oil rig in a North Sea storm
Posted by: Kevin Baxter


Video: an oil rig in a North Sea storm

Europe is currently being hit by freak cold weather and while this may be good news for Qatar and Russia it's not so good for those brave men and women out on oil rigs in the North Sea. 

No footage has yet been posted from this year's storms and cold snap, but we found this video which may give you an idea of what they are having to put up with.

If there are any readers out in the North Sea who can send us some video footage then please email and we'll post it on the blog.

 

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 1 Comments

Labels:BLOG
 


04 Jan
2010

EIC Petrofac Emirates event selling out fast
Posted by: Kevin Baxter


EIC Petrofac Emirates event selling out fast

Our friends from the EIC have asked us to remind EIC members about the forthcoming lunch in Abu Dhabi: Opportunities with Petrofac Emirates on January 25.

The guest speaker at the lunch is the CEO of Petrofac Emirates, Peter Warner. Peter will be giving some background on the company, a joint venture between the Abu Dhabi government investment arm Mubadala and Petrofac.

Tickets for the lunch are selling out fast and for this reason it is unlikely that non-members of the EIC will be able to come along to the event.

If you require more information about this event or would like more information about becoming a member of the EIC then please click here.

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 0 Comments

Labels:BLOG
 


21 Dec
2009

Oil industry tradition resurrected in Dubai
Posted by: Kevin Baxter


Oil industry tradition resurrected in Dubai

Being a sociable lot ArabianOilandGas.com always welcomes a good networking event and we are delighted to report on the return of a legendary Dubai tradition that has recently been resurrected.

The Oil Field Get-together was held recently at Ruth’s Chris Steak House in The Monarch, Dubai and was reported to have been an unqualified success. The event, sponsored by Momentum Engineering, was enjoyed by all attendees and is now going to be held on the third Thursday of every month.

The next OFG is planned for January 28 and we’ll be there with a photographer to cover the event. If you would like some more information or would like to book your place please call +971 4 501 8666.




 

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