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A new video by IOGP mixes animations with personal stories to illustrate the benefits of using standardized specifications in the oil and gas industry.

Shell remains involved in the Salym Petroleum Development JV with Gazprom after dropping out of the planned Meretoyakhaneftegaz JV.

Both platforms offshore assets were shut in following a leak in ExxonMobil's 100,000 B/D pipeline system.

The Colorado Oil and Gas Conservation Commission approved an $18.25 million fine against Kerr-McGee, a subsidiary of Anadarko Petroleum, which has now been acquired by Occidental Petroleum. The money will go to establish the Mark Martinez and Joey Irwin Memorial Public Projects Fund. 

A preliminary estimate from the US National Oceanic and Atmospheric Administration finds that levels of atmospheric methane, a potent heat-trapping gas, have hit an all-time high.

Subsea 7’s installation services contract is the latest Chevron award for its Anchor field project. First oil from the project is expected in 2024.

The county commissioners approved regulations for new oil and gas facilities in the county that match or exceed state rules.

Past price crashes have produced widespread layoffs and bankruptcies, sunk local real estate markets, and drained public funding for years. This time around, local officials and analysts say it could be even worse.

Reductions will begin next month and last until June. After that, major oil producers around the world plan to step down from the cuts in phases that extend to 2022.

The firm said it will be “restructuring” to “right size its operations” for a slowing market without mentioning how that will affect its workforce. It also says its two major lines of business are worth less than previously estimated.

This paper presents a structured approach to human factors, focusing on the early identification of interactions between people and their working environment beginning from the conceptual and front-end engineering phases of capital projects.

Qatar Petroleum will delay its North Field LNG expansion in Qatar with startup in 2025. Its Golden Pass project in Texas remains on track.