In the process of oil production by pumping unit, high-pressure gas flow will appear suddenly in the well, If the wellhead is not equipped with a blowout preventer, the stuffing box alone is not enough to control the wellhead pressure and can easily cause a blowout. Therefore, it is necessary to ins

By May 16,2022, the future price of light crude oil from New York Mercantile Exchange closed at 109.06 a barrel, dropped by Approx. 0.45% from May 9. The future price of crude oil from London Brent closed at $109.98 a barrel, dropped by approx. 2.08% from May 9.2022.

Kazakhstan's oil production (excluding condensate) was 5.859 million tons (1.426 million b/d) in April, down 8% from March, due to ongoing maintenance of CPC terminals, calculations show.Oil exports through the CPC pipeline were cut off from the end of March to the end of April due to damage to the

On May 11, China's first set of home-made deep-water subsea tree was installed in Yinggehai, Hainan. The equipment is an important part of the subsea oil and gas production system engineering demonstration project led by CNOOC, marking a key step in the development of key technologies and equipment

BW Energy has decided to proceed with the Maromba development in Brazilian waters in phases by drilling six producing Wells. The Wells will be connected to a redeployed floating production, storage and offloading unit (FPSO). The first oil from the first phase of the project is targeted for 2025. Th