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OSHA’s efforts to require employers to report occupational fatalities and certain injuries in a timely manner lack “sufficient guidance on how to detect and prevent underreporting,” the Department of Labor Office of Inspector General states in its semiannual report to Congress.
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Maersk Supply Service announced that Karl Thorngren will take over as CFO effective 29 April. Thorngren, who is currently CFO of Svitzer Australia, has held leadership positions in corporate finance for 15 years and has worked within the maritime industry since 2010. Before joining Svitzer Australia, Thorngren was head of mergers and acquisitions and projects at AP. T…
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Venture Global LNG awarded the EPIC contract for its Calcasieu Pass LNG export facility to Kiewit. FID is expected in 2019, completion in 2022.
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Westwood forecasts a recovery in the subsea market backed by a new wave of offshore investment. Subsea vessel operations and hardware expenditure are expected to total $152 billion from 2019 to 2023.
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The Technical Integrity Management System is a means of ensuring that the people, system, processes, and resources that deliver technical integrity are in place, in use, and fit-for-purpose throughout the whole life cycle of the assets, to avoid major accidents while meeting production objectives.
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For Texas ports, the rise in oil and gas exports is a windfall. For some communities, it’s not so simple.
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Scientists have discovered nearly two dozen new types of microbes, many of which use hydrocarbons as energy sources. The scientists suggest that these bacteria could help limit the concentrations of greenhouse gases in the atmosphere and could one day be useful for cleaning oil spills.
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The National Institute for Occupational Safety and Health is collaborating with partners in industry, government, academia, and labor and with other stakeholders to achieve successful and sustainable outcomes to improve worker safety and health across the oil and gas extraction industry.
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The US EIA projects LNG export capacity will rise to 8.9 Bcf/D by the end of next year, making the US the third-largest exporting country in the world behind Australia and Qatar.
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Production and proved reserves in the Permian Basin’s Wolfcamp Shale and Bone Spring Formation are reaching new heights, and a new assessment from the US Geological Survey indicates the industry is just scratching the subsurface when it comes to what may be technically recoverable.
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Natural gas prices have risen in the US but not in west Texas. The contrast is a sign of the growing pains that come with explosive growth changing this increasingly competitive market.
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The deal gives Equinor an additional 7.5% ownership stake in the Njord redevelopment project and associated tiebacks in the Norwegian Sea, and potentially raises Faroe’s value in the midst of a hostile takeover attempt by DNO.
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