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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Mississippi land no longer up for grabs, as the fed continues to postpone or cancel the sale of public parcels. -
The fire at the Terra Nova FPSO comes 6 months after C-NLOPB found Suncor noncompliant with regulatory requirements and suspended operations.
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Petrofac’s well management contract comes nearly a month after IOG received approval for phase 1. The contract also follows an EPC contract awarded to Subsea 7 in May.
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For years Canadian heavy-oil production exceeded the volumes pipelines could handle.
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Now more than ever, safely managing the role of digitalization and the demand for decarbonization while efficiently balancing the books will be critical for companies to survive and thrive.
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Environment/social/governance (ESG) represents the integration of human values into the financial value of investments. The energy industry that emerges from the COVID-19 pandemic will be different from the one that entered it.
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Its reward for years of struggling to adapt to low prices and weak demand for its oil and gas has been an epic crash. Canadians selling change say it is time to consider possibilities that seemed inconceivable in the past.
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The Offshore Technology Conference (OTC) selected 12 new technologies for its 2020 Spotlight on New Technology Awards. The annual awards program recognizes innovative technologies and allows companies to showcase the latest advances in offshore exploration and production.
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Pre-COVID-19 forecasts were blown out of the water and nearly made moot quickly in the first quarter of this year. Attempts to form long-term forecasts are stymied by uncertainties until some degree of stabilization returns to the oil and gas industry.
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TGS, with the support of TGS’ Russian partner DMNG, has completed its second phase of processing in the Russian Sea of Okhotsk.
