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Offshore oil and gas projects: where to spend and where to save?

2016-08-10 01:00:00| Offshore Technology

With the industry still reeling from a depressed oil price and slashing budgets across the board, spending on new projects is at a long-time low. When it comes to walking the tightrope between short-term subsistence and positioning for long-term grow

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Accounting for ozone: Study first to quantify impact of oil and gas emissions on Denver's ozone problem

2016-08-08 22:02:00| Climate Ark Climate Change & Global Warming Newsfeed

ScienceDaily: The first peer-reviewed study to directly quantify how emissions from oil and gas activities influence summertime ozone pollution in the Colorado Front Range confirms that chemical vapors from oil and gas activities are a significant contributor to the region's chronic ozone problem. Summertime ozone pollution levels in the northern Front Range periodically spike above 70 parts per billion (ppb), which is considered unhealthy -- on average, 17 ppb of that ozone is produced locally. The new research,...

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COC at Caspian Oil & Gas 2016 in Baku

2016-08-08 01:00:00| Offshore Technology

On 1-4 June 2016, Baku hosted the 23rd Azerbaijani International exhibition and conference CASPIAN OIL & GAS 2016. This is the third year in a row when Caspian Offshore Construction has been taking part in the great event of the energy sector in the

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Report: Brazil to lead global offshore oil and gas industry with highest capital expenditure

2016-08-05 01:00:00| Offshore Technology

The global offshore oil and gas industry will be headed by Brazil, with the highest capital expenditure (capex) spending of $116.2bn from 2016 to 2025, according to a report by GlobalData. Two offshore projects, namely Libra and Itapu (Florim), are e

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Report: US oil and gas bankruptcies rise above 90 as the crude downturn continues

2016-08-05 01:00:00| Hydrocarbons Technology

The number of oil and gas companies filing for bankruptcy has reached 113 between Q4 2014 and Q2 2016 with the US leading with 93 bankruptcies, according to a report by GlobalData.

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