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Falling Oil Prices Not Reason Enough to Divest in Offshore Operations
Offshore exploration and field development has long played an important role in the portfolios of energy companies. However, as demand for crude has decreased and supply has risen, oil prices have been dropping in 2014, putting related markets into flux. Yet for...
The True Meaning of Mechanical Completion
In the project life cycle, construction, installation, and pre-commissioning are crucial stages where a plant needs to be deemed mechanically complete before a client can begin generating revenue. Most contractors unfortunately declare projects as mechanically...
Dehydration: An Important Step in Natural Gas Processing
When first removed from a well, natural gas is laden with water vapor. If the gas were to be transmitted for use with large quantities of this water vapor, degradation of the infrastructure would occur in the form of corrosion as well as blockage from natural gas...
The Art of Pipeline and Facility Survey and Placement
Most aspects of getting oil and gas from the ground to the consumer as a refined or pure product are complicated, requiring knowledge and practical application of it from a variety of professionals. From exploration to distribution, well-trained geologists,...
The Technology of Offshore Arctic Exploration and Production
While offshore exploration and production (E&P) remains a highly technical and regulated process, decades of experience and standardization have made such ventures more than manageable. However, companies have increasingly been turning their attention to the...
Chemical Injection Systems Benefiting Oil and Gas Producers
In both onshore and offshore production, companies are always looking for long-term, cost-effective ways to increase production and enhance efficiency. One way these sorts of benefits have been realized is through the addition of chemical injection technology to...
Offshore Oil and Gas Industry Continues to Innovate
During the 1950s, jack-up rigs took offshore oil production beyond water depths of 100 feet. Then semi-submersibles arrived in the 1960s. And by the mid-1970s the first deepwater oil plays were being considered. A lot has changed since then, with technology driving...
Role of Automation Growing in Midstream and Downstream Operations
Thanks in large part to a burgeoning demand for automation technology in the oil and gas industry, the global automation control market is expected to grow at a CAGR of nearly 7% from 2013 to 2017. The role of robotics and automation systems in both onshore and...