Asset Management
Trafigura will purchase 100,000 metric tons of battery-grade lithium products under a decade-long take-or-pay contract valued at over $2 billion.
The Absheron gas field expansion will supply additional natural gas to Azerbaijan’s domestic market and support its export commitments to Turkey, allowing Baku to stay focused on meeting its gas export obligations to Europe.
A credible custody-transfer record depends on far more than the accuracy of a single meter. It is the product of an integrated measurement chain. While meter performance supports measurement-system integrity, commercial confidence also depends on traceability, governance, and authorization.
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Linn Energy recently sold its Williston Basin properties for $285 million. This deal brings Linn’s year-to-date total sales agreements to more than $1.5 billion as it financially restructures after bankruptcy. -
Column: Oil consumption is expected to remain relatively high, even after assuming that worldwide climate change goals have been achieved.
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We hear the term “social license” a lot. We have created a new term that people can hide behind and debate endlessly. I believe that we need to take it to the broader level and rethink how we do our work and achieve "community consensus."
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McDermott announced a letter of award for a contract from Reliance Industries for the deepwater KG-D6 subsea field development in the Krishna Godavari Basin.
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A proactive approach with EPC contract bidders to front-end load HSE strategies will pay dividends. This paper discusses the HSE management strategy for the Lake Charles Liquefied Natural Gas project.
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Statoil selected the name “Empire Wind” for its offshore wind site located off the southern coast of Long Island, New York. The company also recently stepped into solar power in Brazil.
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After finalizing the acquisition of GE Water and Process Technologies in September, the French resource management company, SUEZ Water Technologies and Solutions, will move to a new laboratory that facilitates increased work on digital applications for upstream and downstream.
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After a tough 4 years, new research shows that for the first time since 2014 the oil and gas industry expects more new jobs to be created than lost over the next 12 months.
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Veros Systems took top honors at a competition involving energy startups.
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Emerson will increase its foothold in the oil and gas industry with the purchase of software maker Paradigm.
