Testing page for app
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Shell's CEO said the Dutch supermajor has "too many layers" and that the move to downsize will help ensure its future. As a result, at least 9,000 people are expected to leave the oil and gas producer between now and 2022.
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Wood Mackenzie is bullish on the future of global LNG demand. Chief Analyst Simon Flowers outlines the risks ranging from spot prices, project economics, and environmental concerns.
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Brazil’s national oil company estimated a reduction of 22 to 38% in capital expenditures in E&P from its 2020–2024 strategic plan and expects to spend $6 billion through 2024 to decommission offshore platforms and wells and underwater gas pipelines.
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Baker Hughes scored what it said is among the largest LNG deals it has secured in the past 5 years. The compressors will be installed in Qatar Petroleum’s North Field East LNG trains, boosting Qatar’s total LNG production capacity from 77 mtpa to 110 mtpa.
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SPE’s technical director for Production and Facilities, shares some hard lessons learned—and successes—over his 50 years of experience, from being a greenhorn to launching his own business.
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A recent panel discussion highlighted the industry’s progress in achieving significant digital advances. Barriers remain, however, and the measurement of success is being defined in this evolving technological step change.
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Equinor awarded multimillion-dollar contracts to Aker Solutions and Wood for work on the oil field in the Norwegian Continental Shelf. It said about 70% of the contracts for the development phase is expected to go to Norwegian companies.
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A state commission has approved a rule that will require companies to monitor emissions from oil and gas sites earlier and more frequently than is currently done as Colorado officials implement a law overhauling how the industry is regulated.
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The pandemic has been an unexpected jolt for the global economy, bringing many industries to a halt. Murphy has taken a step forward into a digital future by designing and implementing a COVID-19 tracking app that is easy to use, quick, and convenient.
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Advances in drone technology and construction have allowed more industrial applications to take off. One application for which drones may be particularly useful is health, safety, and environmental compliance. Similarly, drones may help facilities comply with site security regulations.