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Each year, SPE selects professionals, nominated by their peers, to share their knowledge and expertise with SPE members through visits to local sections.
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Bentley Systems announced the acquisition of Synchro Software, which links three-dimensional building information modeling (BIM) deliverables with the time dimension to synchronize, through digital workflows, the construction strategy, work breakdown structure, schedule, costs, resources, supply chain logistics, and progress of a construction project. The software’s f…
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AkerBP is putting to the test Lloyd's Register’s (LR) RTAMO (Real-Time Adaptive Maintenance Optimization) software for maintenance optimization of its Skarv FPSO infrastructure and equipment in Norway. AkerBP aims to optimize the criticality and cost of its maintenance activities. The software is a standalone cloud-based software-enabled service that is based on predi…
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The Petroleum Safety Authority Norway launched an investigation into an LNG leak at the Hammerfest LNG plant on 17 June.
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In the last decade, a series of tort claims have been brought in the US against oil, gas, and coal producers; power companies; and car manufacturers seeking compensation for loss and damage said to be the result of climate change caused by greenhouse-gas emissions. To date, none has succeeded.
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Cheniere Energy requested issuance of the feedstock permit from FERC by 29 June. The FID for Train 3, estimated at approximately $3 billion, was announced last month. Bechtel got the green light to proceed with EPC work, subcontracting with BHGE for the gas turbines to drive compressors.
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Permian oil output is growing fast, pipeline capacity is full with little relief in sight, truck drivers are in short supply, and the value of basin-produced crude is sinking. Is a drop off in activity—including drilling and production—becoming inevitable?
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A new report from GIIGNL shows increased liquefaction capacity in Australia and the US as the key drivers in LNG supply growth, while Asia has been the leader in global LNG import growth.
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As rig counts continue to go up in the region, the Permian water disposal market is expected to see growth through 2021 with a possible record-high 8.4 billion bbl next year.
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Already poised to produce more than 500,000 B/D offshore Guyana, ExxonMobil added yet another discovery to its bounty in the emerging regional oil powerhouse, meaning a fourth development phase could be in order.
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Equinor has grabbed seven new licenses in the Barents and Norwegian Seas, the latest in a flurry of offshore activity in which the firm has added acreage off the UK and Brazil, gained approval for a big Arctic project, and awarded billions of dollars in service contracts.
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The memorandum on integrated and unified risk management in the petroleum industry aims to help companies continue developing their own activities in this area.
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