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  • Speed. Accuracy. Durability. From tophole to TD, TruLink service delivers continuous confirmation of BHA location and lithology identification while averting washouts and sustaining wellbore trajectory. Cuttings accumulation while building the curve hinder ROP and threaten stick p...
  • MagniSphere service delivers real-time reservoir evaluation data to improve drilling performance and optimize well placement for maximized production HOUSTON, November 11, 2020—Schlumberger announced today the introduction of MagniSphere* high-definition NMR logging-while-drilli...
  • The World Oil Awards recognize the upstream oil and gas industry’s leading innovations and thought leaders. More than 270 nominates were submitted from around the world, and eighty-four finalists were selected. The award winners were carefully selected by theWorld OilAwards advi...
  • Global oil demand has been hit harder than expected by the COVID-19 outbreak, the Organization of the Petroleum Exporting Countries (Opec) said Tuesday. As a result, major producers have signalled an extension of their output cuts through 2021. Oil prices have been volatile in rec...
  • Global oil demand will peak at 102 million barrels a day in 2028, two years earlier than previously projected by 2030, due to global efforts to shift to low-carbon energy and the continuing impact of the COVID-19 epidemic, according to a new report by industry consultancy Restal E...
  • The north American oil and gas industry has continued to struggle this year, with 84 companies filing for bankruptcy protection and a record $89 billion in debt, according to Norways independent energy research group Resta Energy. It will be harder for North Americas oil and gas i...
  • On November 5, GW96, the international business department of a Great Wall Drilling company, recently received a commendatory letter from Party As CNPCIC. In the letter, GW96 team highly recognizes the safe, high quality and efficient completion of the construction of Baobab C1-29...
  • Iraq will launch new basra crude oil exports next year SOMO has informed its customers that it plans to launch Basra Medium crude oil in January, which will be Iraqs third crude export grade. The API gravity of Basra crude oil is about 29 degrees. Baker Hughes acquires Norwegian c...
  • The 9th China International Petroleum Trade Conference, sponsored by the Foreign Trade Development Bureau of the Ministry of Commerce, the National Energy Administration and the Shanghai Municipal Peoples Government, was held in Shanghai on November 8. Assistant Minister of Commer...
  • On November 8th, the 9th China International Petroleum Trade Conference was held in Shanghai. As a supporting event of the third China International Import Expo, the conference proposed that in the face of the uncertain international trade situation under the influence of COVID-19...
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