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The Abu Dhabi government approved a $132.3-billion capital expenditure increase that will fund, among other things, a plan that could enable the country to sustain LNG production through 2040.
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The deal gives Equinor exploration parcels in the prolific Jeanne d’Arc Basin, near its existing discoveries offshore Newfoundland and Labrador.
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ROVs dominate the world of subsea inspections, maintenance, and repair, but as operators work in a post-downturn economy, autonomous systems have become more in demand. Autonomous inspections are possible today, but how can they help with light and heavy intervention?
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DNV estimates that gas will be the world’s primary energy source by the mid-2020s. Growth in LNG capacity is expected as the midstream sector invests in connecting shifting sources of gas with changing demand centers. Other factors also will drive the globalization of gas trading markets.
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Cyberattacks are often seen as an IT issue, but the intelligence gained during the development of an effective cybersecurity protocol may serve a broader role as a business driver for energy. What should companies look for in assessing threats?
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The execution of process automation projects depends on the completion of tasks that are not necessarily related to automation, hampering project development timelines. How do automation solutions, such as digital twins, help to overcome these challenges?
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Steady-state modeling of an asset requires the work of multiple engineering teams, which often leads to suboptimal facility design. An integrated model using information consistently across the entire asset may alleviate the pain resulting from conventional methods.
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“Greedy pursuit” in the realm of algorithms is a good thing. Saudi Aramco studied such algorithms to produce images simulating the flow inside a pipe’s cross section, possibly reducing the need for separator-based multiphase flowmeters.
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Despite the uncertainty spawned by China’s recent decision to levy tariffs on US LNG imports, AGDC said it is still targeting a sale and purchase agreement with Chinese companies by the end of this year.
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The Federal Reserve Bank of Dallas’ quarterly survey of operators and service companies shows an industry still confident in its near-term growth prospects. However, concerns remain about a number of issues, ranging from the steel tariffs to crude oil price differentials in the Permian.