ABB supporting remote management of critical processes

ABB says it is playing its part in helping businesses to stay operational during the current uncertain times.   Peter Terwiesch, president of the Industrial Automation division, said: “Remote services and digital solutions can make a major contribution to keep people safe, production running, and…

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NZ High Court rules Tui field FPSO must stay

The floating production, storage, and offtake vessel Umuroa must stay connected to Tui oil field in the offshore Taranaki basin, the High Court of New Zealand has ruled.   The ruling comes after an Environmental Protection Authority plea to prevent the vessel contractor BW Offshore…

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World’s top exploration wells at risk, Rystad says

9 April 2020, by Nermina Kulovic At least nine of the world’s top planned exploration wells for 2020 are at risk of being suspended as a result of the combined effect on oil and gas activities of the Covid-19 virus and the oil price war,…

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Total to Charter its First LNG-Powered VLCCs

Total has inked an agreement to charter its first two LNG-powered Very Large Crude Carriers (VLCCs).   The vessels, which can carry about 300,000 tons of crude oil each, will be chartered from Malaysian shipowner AET and delivered in 2022.   The vessels have been…

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BP completes offshore Indonesia licence purchase

KrisEnergy has completed the sale to BP of its 30% interest in the Andaman II production-sharing contract in the Malacca Strait offshore Kalimantan, Indonesia.   The consideration for the disposal is US$15 million, subject to a retention sum of US$1.7 million.   Source: Offshore Magazine

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InventHelp Presents Anti-Derailment System for Trains (NJD-1994)

I wanted to help stop train derailments,” said an inventor from Edison, NJ.   “I came up with the idea for this automatic system to make rail travel safe.”   He developed the patent pending ANTI-DERAILMENT AND BRAKING SYSTEM FOR TRAINS to prevent the derailment of…

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US Will Return to Being Net Importer of Oil

The United States will return to being a net importer of crude oil and petroleum products in the third quarter of 2020 and remain a net importer in most months through the end of 2021.   That’s what the US Energy Information Administration (EIA) forecasts…

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Norwegian authorities give go-ahead to Hywind Tampen

Norwegian Ministry of Petroleum and Industry has approved the plans for development and operation of the Hywind Tampen project, which will make the Snorre and Gullfaks platforms the world’s first oil & gas platforms to be powered by a floating offshore wind farm.   Equinor…

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