Oil & Petroleum Production Technology
- Exponential Industry
- Technology Area
- 6 Milestones
Finding, lifting, moving, and refining crude oil and associated gas—from reservoir to finished fuels. Modern fields add electrified pumps, subsea trees, and digital well control; refining cracks and blends barrels into gasoline, diesel, and petrochemical feed. Supermajors (ExxonMobil, Shell, Chevron) and national oil companies operate the large assets; oilfield-service firms supply the tools.
Hidden Factory
Oil & Petroleum Production Technology
Diversified Energy early talks to acquire Birch Resources
Diversified Energy said it is in early discussions to acquire privately held Birch Resources to expand in the Permian. Company: no agreement and no certainty a transaction will occur. Bloomberg (via Reuters) said a potential all-cash deal would value Birch at more than $1.7B — treated as a Claim, not an ACQUIRED edge /Reuters/.
OPEC headquarters move to Vienna
April 1965 Host Agreement; HQ moved to Vienna 1965-09-01 /OPEC/.
OPEC Secretariat established in Geneva
Secretariat originally established 1961 in Geneva /OPEC/.
OPEC founded at Baghdad Conference
Created at the Baghdad Conference 10–14 September 1960 by Iran, Iraq, Kuwait, Saudi Arabia and Venezuela (OPEC Brief History crawl) /OPEC/.
Branobel switches oilfields to electricity
Board decided to move to electrical operation just before 1900; stations for Balakhany, Sabuntji, Bibi-Eibat /Branobel History/.
Branobel 30th anniversary (implies 1879 founding)
Åsbrink: 1909 is the 30th anniversary → founding year 1879 from the arithmetic of the quoted anniversary, not a separate founding sentence /Branobel History/.