THE OGM: 30 YEARS IN BUSINESS Edition - Read Now!
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Enbridge Inc. on Sept. 7, 2021, announced that it has entered into a definitive purchase agreement with EnCap Flatrock Midstream to acquire Moda Midstream Operating, LLC (Moda) for U.S. $3.0 billion in cash, subject to closing adjustments. The acquisition will significantly advance the Company’s U.S. Gulf Coast export strategy and connectivity to low-cost and long-lived reserves in […]
08 September 2021 The Gas Exporting Countries Forum (GECF), the global platform of the leading gas producing countries, on Monday joined OPEC, non-OPEC, and a plethora of other international energy organisations to present a unified front on the advancement of natural gas as part of a balanced energy solution to achieve sustainable development goals. The […]
Hod B has been an important project that was initiated only hours after the temporary changes to the tax system for the oil and gas industry received a broad majority in the Storting in June last year. The project prefabrication started at the yard in Verdal just hours after the agreement was made and has […]
Right about now, you are wondering how to pivot your entire operation online efficiently and effectively, so that it has access to bigger markets that pay higher dividends. We understand that your goal includes growth, peak performance, adaptability, and profitability. We know that you need change agents to implement targeted strategies that allow your business […]
The COVID-19 pandemic has significantly affected both consumer and commercial transportation, but global oil demand will probably continue to grow through 2030, according to a new study. Columbia University’s Center on Global Energy Policy and the University of California, Davis Institute of Transportation Studies studied four scenarios to understand how COVID-19 and other political, economic, social […]
Chevron Corporation and Honeywell have announced the commissioning and start-up of the world’s first commercial-scale ISOALKY process unit that utilizes ionic liquids to produce alkylate. The ISOALKY™ technology represents a major innovation in alkylation technology. First used in Chevron’s Salt Lake City refinery, the ISOALKY™ technology is designed to meet the refining industry’s needs for a cost-effective alternative to conventional liquid acid systems […]
Exceed MPR, part of the Aberdeen-headquartered Exceed Group, has announced the launch of a specialist Rig Integration service, in tandem with the appointment of industry specialist Jon Goodenough as Rig Integration Manager. Founded in 2016, the Lowestoft-based Managed Pressure Drilling (MPD) experts have a reputation for providing a wide range of MPD services, from feasibility […]
Subsea technology has drastically improved in the last two decades in terms of functionality and reliability, with notable strides made in areas such as subsea processing, subsea storage, subsea-to-shore and power distribution. This has enabled upstream companies to expand the scale of their deepwater projects, says GlobalData, a leading data and analytics company. GlobalData’s latest […]
Covid-19 has much the world’s oil and gas industry on hold. When we stop moving, we stop using energy at the level we did. On top of a dramatic decrease in oil and gas consumption, oil prices have drastically declined. As a result of these two factors, oil companies and contractors have laid off employees […]
“During the COVID-19 crisis, governments and companies are having to make difficult choices, balancing people’s safety with economic livelihood. ABB is committed to supporting both: protect people, while helping businesses to stay operational during these challenging times,” said Peter Terwiesch, President Industrial Automation, ABB. “Remote services and digital solutions can make a major contribution to […]
