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The move to split oversight of Aramco from the Energy Ministry ends decades of tradition but is designed to avoid conflicts of interest ahead of what could be the largest IPO in history.
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Artificial intelligence tools present many opportunities for the energy industry, and, as technological concepts leave the realm of science fiction, companies have started to grasp what is possible. What roles do culture and ethics play in helping companies understand the digital revolution?
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The UK’s leading oil and gas industry body says the industry can reduce emissions while meeting the region’s energy demand.
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The Oil & Gas Technology Centre has announced it will create, in partnership with industry, a Net Zero Solution Centre to accelerate the development and deployment of technologies to decarbonize offshore operations and develop the UK continental shelf as the first net zero oil and gas basin.
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Partnerships with big tech, tech startups, and innovative service companies—and the merging of their data, cloud, and software applications—are proving essential for operators in the scaling phase of digital deployment. Equinor, Microsoft, and Halliburton are among those joining forces.
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Recent exploration success in the North Sea has motivated Total to invest some $10 billion in the basin over the next 5 years.
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Safety champions of the North Sea have been recognized at the 2019 Offshore Safety Awards in Aberdeen for striving to improve safety across offshore operations on the UK continental shelf.
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Oil and gas producers might have been expected to welcome a decision to loosen regulations affecting their business. But, their reaction to the Trump administration’s move to roll back methane-emissions rules revealed at least tactical divisions on climate policy.
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Data submitted for the organization's annual safety performance indicators report recorded an 8% drop in the fatal accident rate and a decrease in fatalities from 33 in 2017 to 31 in 2018. This was against a background of a 2% increase in work hours reported.
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Operator Cheniere now has seven completed liquefaction trains under its control, with two trains done at Corpus Christi and five at Sabine Pass. First commercial delivery from Corpus Christi is still on track for May 2020.
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With Norwegian authorities giving the go-ahead for startup, oil shipments from the massive Equinor-operated North Sea field could begin as soon as October, one month ahead of schedule.
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Oceaneering has contracted Airborne Oil and Gas to supply thermoplastic composite pipe (TCP) flowlines for an unnamed operator’s project in West Africa. Under the terms of the deal, Airborne will provide a 2.5-mi, 7.1-in. ID, 160-bar design pressure TCP flowline for water injection, replacing existing corroded flowlines in the field. TCP is a lightweight, non-metallic…
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