regulations
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Over the past year, various institutions and organizations—both domestic and international—have shown an interest in moving the increasingly prevalent cybersecurity conversation offshore.
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With regulatory pressure and the cost of decommissioning increasing, many operators are seeking new and better decommissioning methods that could get more work done safely and at a lower cost.
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Following years of deliberation, the European Union (EU) released a recommendation on unconventional hydrocarbons and a related communication in 2014. This paper traces the origins and development of these documents, which provide vital clues for the road ahead in European shale-gas regulation.
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Well plugging and abandoning on a limited budget is a lofty goal that forces the industry to consider new ways and new materials. Cost-effectively dealing with this global problem will require developing tools to carry out the decommissioning without bringing in a drilling rig.
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Booming US oil production is beginning to seep into international markets despite the country’s ban on oil exports. One sign of change was the departure in late July of a tanker from Texas City, Texas, with 400,000 bbl of liquid hydrocarbons bound for Asia, Reuters reported.
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The United States’ top offshore regulator said his agency is adopting new policies and measures to improve its working relationship with the offshore industry.
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Unmanned aircraft are finding their place in the oil and gas industry by providing aerial geologic modeling to address reservoir-related challenges and making inspections safer.
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