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Shell’s DeWitt: In time of transition, industry should seize opportunity to transform

The oil and gas industry sits at a unique point in its history as the world transitions toward more sustainable sources of energy, even as both demand for hydrocarbons and society’s focus on climate change increase. It is now that the industry has the opportunity to re-create itself, said Mike DeWitt, VP of Operated Wells with Shell, at the 2019 SPE/IADC International Drilling Conference in The Hague on 5 March. How to thrive at a time when the traditional energy system is transitioning to more renewable forms of energy is both a great challenge and an opportunity, Mr DeWitt said. He also emphasized that although hydrocarbons will remain a part of the energy mix for the foreseeable future, the industry ...

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Digital twins improve well construction process in real time

Interest continues to build in the drilling industry for digital twins. In this video from the 2019 IADC Drilling Caspian Conference in Baku, Azerbaijan, on 20 February, DC speaks with Ahmad Mirhaj, Senior Drilling Analyst with MHWirth, about how digital twins are being used to benefit the well construction process, particularly when applied in real time. In this video, Mr Mirhaj also discusses the use of a downhole simulator to spot a tight hole, as well as how digital twin technology was used to help drill a well in dual-gradient mode. Watch the video for more information.

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Socar AQS General Director: Both challenges and opportunities abound in Caspian region

The Caspian region is facing multiple challenges as the industry evolves and as companies like Socar AQS drill deeper wells in heavily depleted reservoirs. In this video with DC, Ramin Isayev, General Director for Socar AQS, talks about key opportunities that his company is pursuing to improve operational efficiency by stimulating innovation and embracing new technical advances. Watch the video for more information.

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IADC Caspian Chapter revitalization leads to first-ever Drilling Caspian Conference

Over the past year and a half, the IADC Caspian Chapter has become among the most active and productive chapters of IADC, with the first-ever IADC Drilling Caspian Conference held in February in Baku, Azerbaijan. In this video from the conference on 20 February, DC speaks with Graham Clark, Chairman of the Caspian Chapter and Drilling Manager for Socar AQS, about the revitalization of the chapter and goals over the coming year. Watch the video for more information.

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