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Calgary-based Pembina Pipeline Corp. has entered into agreements to acquire Kinder Morgan Canada Ltd. and the US portion of the Cochin Pipeline system from Kinder Morgan for a total purchase price of approximately $4.35 billion.
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With oil and gas facing a talent gap in the wake of the Great Crew Change, the industry finds itself competing for young talent looking for innovative, purpose-driven work. How can energy foster the culture of innovation needed to attract the new workforce, and how does it sell that culture?
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Researchers from the Federal Reserve Bank of Dallas quantified the economic impact of the US shale revolution for the first half of this decade.
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At times, it may seem that machine learning can be performed without a sound statistical background, but this does not take in to account many difficult nuances. Code written to make machine learning easier does not negate the need for an in-depth understanding of the problem.
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The upstream sector is witnessing comparatively more implementation of the industrial Internet of things compared with other sectors of the oil and gas industry. This is driven by the need to reduce risk and maximize returns through digitalization, according to data and analytics company GlobalData.
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The subsea operations company said its most recent campaign is the first fully unmanned offshore pipeline inspection completed “over the horizon,” surveying up to 100 km from the shore.
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The firms are now partners on multiple blocks in the North Argentina Basin.
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Australia’s BHP Billiton and the recently acquired Anadarko Petroleum submitted the largest dollar totals of high bids in US Gulf of Mexico Lease Sale 253.
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Reliance awarded Intecsea, a subsidiary of Worley, with a project management consultancy (PMC) contract for its MJ Field deepwater gas and condensate project offshore India. Under the deal, Intecsea will provide PMC services for the development of Reliances’ subsea gas and condensate resource located in approximately 1000-m water depth in the MJ field. The contract co…
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After protesters disrupted construction of an oil pipeline in North Dakota by chaining themselves to construction equipment and pitching tents along the route, oil and chemical companies found a way to keep it from happening again. They made it a crime.
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The Russian company has built a computing cluster in St. Petersburg designed to generate digital twins of oil fields. The new distributed-computing system is capable of processing more than 100 gigabits per second, speeding up the digital-modeling process five-fold.
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Equinor is using its digital transformation to be more sustainable. “It’s not just about running a smarter business," said Bjorn Otto Sverdrup, Equinor's senior vice president of sustainability. "It’s also about running a more sustainable business.”
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