Posts Tagged ‘oil and gas’
Understanding Preventive and Predictive Maintenance Strategy
Estimated reading time: 5 minutes Within a reliability-centered maintenance approach, preventive and predictive maintenance are top 2 most popular proactive methods of conducting maintenance. This prevents sudden issues or…
Read MoreHow Are Subsea Wells Drilled
Estimated reading time: 5 minutes Subsea drilling, or offshore drilling, is a process where a wellbore is drilled below the seabed for the purpose of oil excavation. Subsea drilling…
Read MoreTop 10 Oil and Gas Industry Trends in 2019
Estimated reading time: 8 minutes According to GlobalData’s 2019 report, here are the top 10 oil and gas industry trends in 2019. Oil and gas supply Energy outlook Energy…
Read MoreGas Explosion Hazards: Hazardous Areas & Potential Ignition Sources
Estimated reading time: 6 minutes Fires are the accidents that occur most frequently, their causes are very diverse and require intervention methods and fire risk assessment techniques that are unique…
Read MoreAdvantages of Production Sharing Contracts
Estimated reading time: 5 minutes Production Sharing Contracts 2019 A PSC (Production Sharing Contract), or PSA (Production Sharing Agreement), creates a contractual relationship between an IOC (International Oil Companies)…
Read MoreEnvironmental Sustainability In Oil & Gas Industry 2019
Estimated reading time: 4 minutes The issue of environmental sustainability has always been a major concern for governments and players from the oil and gas industry worldwide. However,…
Read MoreOil & Gas Well Plug & Abandonment: Reducing Costs
Estimated reading time: 5 minutes To reduce the cost of abandonment operations, operators and regulators strive to improve how P&As are performed and service companies are continually developing tools and…
Read MoreBest Practices for Commissioning Offshore Projects
Estimated reading time: 5 minutes Commissioning of mega offshore projects, whether it is an FPSO, a GBS, a steel jacket or other concepts, is a large and complex undertaking…
Read MoreManaging EPC Contracts
Estimated reading time: 6 minutes There are several key success factors to manage EPC contracts. These types of contract are often referred to as Engineering, Procurement and Construction (EPC) contracts…
Read MoreUnderstanding Production Sharing Contracts
Estimated reading time: 3 minutes Production Sharing Contracts 2019 The Production Sharing Contract is one of the most significant form of legal contracts/agreement to be found in the oil and…
Read More