Jun 21, 2018 Shell announced today that its affiliates, Shell Integrated Gas Thailand Pte Ltd and Thai Energy Company Ltd, have completed the sale of their 22.2222% interest in the Bongkot field and adjoining acreage offshore Thailand to PTT Exploration & Production Public Company Limited (PTTEP) and PTTEP International Limited, a wholly-owned subsidiary of PTTEP, for a transaction value of
Continue readingThursday, June 21st, 2018 In conjunction with this month’s Copper to the World Conference, Maptek will open the doors of its R&D and manufacturing facility. Copper to the World attendees are invited to join a short, guided tour of the Glenside facility on Wednesday, June 27 at 10 am. Don’t miss this opportunity to gain insights into the design, assembly and calibration of the
Continue reading21 June, 2018 US oil major ExxonMobil has announced its eighth oil discovery offshore Guyana at the Longtail-1 well in the southeast area of the Stabroek Block. The company discovered approximately 78 metres of high-quality, oil-bearing sandstone reservoir after drilling to 5,504 metres depth in 1,940 metres of water. The Stena Carron drillship commenced drilling on Friday 25 May. ExxonMobil
Continue readingJUNE 21, 2018 Airbus, Orange Business Services and Capgemini launch the collaborative platform sobloo to pave the way to a new era of exploitation of Earth Observation (EO) data To citizens, businesses and organisations from all over the world, sobloo allows easy access to all Copernicus data/information and to additional EO and Non-EO data collections Baveno, 21/06/2018 – At the
Continue readingJUNE 21, 2018 To capitalize on the opportunity, manufacturers will need to balance their efforts between legacy products and new services business models Paris, June 21, 2018 – A new report by Capgemini’s Digital Transformation Institute reveals that the global manufacturing industry could expect to see between $519-$685 billion in value-added revenue by 2020 through the development and sale of
Continue readingParis, 21 June 2018 Atos, a global leader in digital transformation, today announces that its new Earth Observation (EO) Platform, officially named Mundi Web Services, is now live and being used by several clients. This platform is supported by a newly-created consortium, composed of DLR, e-Geos, EOX, GAF, Sinergise, Spacemetric, Thales Alenia Space and T-Systems, which is led by Atos,
Continue readingWASHINGTON, June 21, 2018 – The American Petroleum Institute said today’s House Science Environment hearing on regulating ozone is a reminder of the need to implement the Clean Air Act appropriately to benefit the public and the environment. “The natural gas and oil industry supports actions to streamline the implementation of air quality standards to promote public health, environmental protection
Continue readingWASHINGTON, June 21, 2018 – At today’s House Transportation Subcommittee hearing, API highlighted how the natural gas and oil industry is committed to advancing pipeline safety to protect communities and the environment and underscored the important role that pipelines play in delivering the energy that American consumers demand and need every day. “Pipelines are critical to ensuring that consumers keep
Continue readingWASHINGTON, June 21, 2018 – Today the American Petroleum Institute released its industry outlook for the second quarter of 2018. The report shows the strength of global economic growth and how that has translated into record oil, natural gas and petrochemical demand. “World oil demand has approached 100 million barrels per day (MBD) for the first time, and U.S. supply
Continue readingWASHINGTON, June 21, 2018 – API release the following statement on the Environmental Defense Fund’s (EDF) recent paper on methane emissions. “This paper is consistent with the fact that methane emissions were low in 2015 and reaffirms the benefits of increased use of natural gas as a fuel source, which is driving US carbon dioxide emissions downward,” said API Upstream
Continue readingBy Sean S. Swartz, PE | June 21, 2018 June is National Safety month, and in observance of this important topic we will post a new article each week in June that focuses on safety to promote a safe and healthy workplace. Check back next week for the next post in this safety series. Promoting Job Site Awareness At Braun
Continue reading21 June 2018 SOCOTEC, the UK’s leading provider of testing, inspection and compliance services, has supported a training day at a local college in Kent with a presentation on concrete quality control. MidKent College is one of the largest education and training providers in the South East, offering – among others – a range of construction based learning opportunities and
Continue readingIBM Cloud Managed Services synchs with IBM Cloud Private for Next-Gen Application Development ARMONK, N.Y., June 21, 2018 /PRNewswire/ — IBM (NYSE: IBM) has announced that for the first time, its industry-leading IBM Cloud Private application platform, will be made available to run on the company’s enterprise Cloud Managed Services (CMS). Hundreds of world-leading banks, airlines and government organizations already rely on
Continue readingJune 21, 2018 When China last week set out a list of US exports threatened with retaliatory tariffs, almost all fossil fuels were covered, including oil, coal and liquefied petroleum gases such as propane. There was, however, one conspicuous exemption: liquefied natural gas. Beijing’s decision not to impose additional tariffs on US LNG shows the critical role that the fuel
Continue readingParis, June 21 2018 Atos, a global leader in digital transformation, has signed a significant new contract with Supercomputing Wales, the national supercomputing research facility for Wales that will result in a world-first Atos and Dell EMC supercomputing Centre of Excellence. This partnership will provide high performance computing facilities and big data research capabilities to a consortium of universities in
Continue reading21st June, 2018 As Baru Says Slump in Oil prices, an Opportunity for Growth The Nigerian National Petroleum Corporation (NNPC) has outlined plans to attract private investments, ensure sustainable development and spur growth in the nation’s Oil and Gas Industry. Group Managing Director of the corporation, Dr. Maikanti Baru, disclosed this while speaking on the theme “Investment in the Oil
Continue reading21-June-2018 The European Commission announced today that it has opened an investigation into certain terms and conditions of long-term LNG supply agreements into Europe by Qatar Petroleum and five of its liquefied natural gas (LNG) subsidiaries that are operated by Qatargas. The investigation will look into the potential anti-competitive implications that such terms and conditions may have on trade within
Continue reading21 June 2018 Rosneft’s Annual General Shareholders Meeting was held in Krasnoyarsk on June 21. Holders of 92.54% of the Company’s shares took part in the meeting. The Meeting approved the Annual Report, Annual Financial Statements and Profit Distribution of Rosneft for 2017. The decision was taken to distribute 70.5 billion rubles (6 rubles 65 kopecks per share) for dividends
Continue readingJune 21, 2018, 15:50 A Gazprom delegation headed by Alexey Miller, Chairman of the Company’s Management Committee, today paid a visit to the Seversky Pipe Plant (SPP) in the Sverdlovsk Region. Seversky Pipe Plant. Photo by TMK Enlarged photo (JPG, 12.1 MB) The Plant, which is owned by TMK, manufactures a wide range of pipe products for the oil and gas sector and other industries. SPP-produced casings for gas wells and pipes for field pre-development
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