Exploration

OPEC and non-OPEC oil giant Russia have agreed to extend oil production cuts until the end of 2018, after hours of discussions in Vienna on 30 November 2017

The Prime Minister of Italy Paolo Gentiloni and Claudio Descalzi, CEO of Eni, have visited the FPSO Kufuor in Ghana’s offshore, and viewed that gas and renewables have a sustainable future for the development of the country

The FuchsRohr AluDrill aluminum alloy pipe is a lighter, more efficient and highly durable alternative to conventional steel pipes used in the oil and gas industry, the company says

As drilling operations in Colorados Niobrara formation have shown, the aluminum alloy pipe’s outstanding material properties are able to improve drilling efficiency with up to a 30 per cent ROP increase in sliding mode.

Comprised of aluminum as well as alloying elements copper and silicon, the specially designed alloy had already demonstrated its lightweight and robust qualities in the aerospace industry before engineers discovered its potential for oil and gas drilling operations.

Peter Kaufmann, president of OTTO FUCHS Drilling Solutions, the company, which develops and produces the aluminium pipes, points out the advantages for drilling operations in demanding downhole and subsea surroundings.

He said, “Our pipes are up to 50 per cent lighter than similarly-sized steel pipes and are completely stable. This helps our clients to save time and money. Among its many benefits, AluDrill pipe can extend the drilling depths of existing installations, which eliminates the need for cost-intensive rig upgrades.”

OTTO FUCHS Drilling Solutions GmbH (OFDS) is an integrated product and service solutions provider specializing in bringing high strength-to-weight ratio metallic solutions to the upstream oil and gas industry.

In a recent survey finding, Petrotechnics, developer of the operational excellence software for the hazardous industries, has revealed that operational excellence (OE) remains central to firms’ enterprise-wide strategies and now delivers tangible results