Market Intelligence
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Informed articles from the go-to people in the oil and gas industry
Informed articles from the go-to people in the oil and gas industry
A common buzz-phase – digital transformation – is actually a bit misleading. It’s misleading because, when something transforms, you end up with something drastically different from what you started out with. You imagine a new version replacing the old version. And, frankly, let’s say you’re a control engineer or plant manager, that’s a bit overwhelming when taking into account everything already on your plate.
Artificial intelligence is now being applied in oil and gas operations, and it added value in an E&P pilot program with 30 electrical submersible pumps. Read more here. A major goal is to reduce production costs to approximately $10 bbl or less – helping to ensure profitability in virtually every operators are adopting manufacturing models supported by greater electrification, automation and digitalizating.
The top headlines from March 2019 from the Latin America Clean Energy sector
Most banks operating in the upstream energy sector in the US have a portfolio of RBL borrowers and are generally comfortable financing within the confines of a typical RBL structure. However, a typical RBL financing in the US cannot be instated unless a company is already producing.
By making LNG readily available and integrating it into current energy ecosystems, countries such as India, Pakistan and Bangladesh could successfully achieve a shift to a low-carbon, stable energy system serving a new generation of customers.
Block Energy Plc, the exploration and production company focused on the Republic of Georgia, is pleased to report an increase in production rate at its 100%-held Norio field, where the Company is implementing a multi-well workover programme.
What I have grown to love about the industry is how dynamic and challenging it is. With the constantly changing technologies, regulations and macroeconomic trends, there is never a dull moment.
I believe that most men do not intentionally exclude women and are unaware of how challenging it can be for women to succeed in the sector.
The top headlines from February 2019 from the Latin America Clean Energy sector
LeTID stands for “Light and elevated Temperature Induced Degradation”. The name is definitely awkward. But it’s worth getting familiar with because it significantly affects the performance of your solar modules and your solar power plant.