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Petrovietnam, JV Partners Sign PSC for Vietnam Block

Rigzone

Image by pavalena via iStock Vietnam Oil and Gas Group (Petrovietnam) and its joint venture partners have signed a product sharing contract (PSC) for Block 15-1 on the southern continental shelf of Vietnam. percent, Korea National Oil Corporation (KNOC) holds 11.4 percent, SK Group holds 7.2 percent, and Geopetrol holds 2.6

BCF 62
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Production in Paying Quantities: Maintaining Mineral Leases Beyond Their Primary Terms with Production of Oil or Gas

The Energy Law

Mineral lessees may be particularly concerned with whether recent production levels have maintained their leases beyond their primary terms. In Louisiana, as in most jurisdictions, production of oil or gas must be in “paying quantities” to maintain a mineral lease beyond its primary term. [1] Lea Exploration Co. , JLH Enters. ,

Oil 40
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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

A prior lessee could be held liable for decommissioning a hurricane-toppled platform years after its exit and completion of all lease decommissioning obligations. 2003-N06, which was itself replaced by NTL No. This first of such NTLs, NTL No. 98-18N, was replaced by NTL No. Historically, under NTL No.

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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

Including GVA from the manufacture of chemicals and chemical products, the manufacture of basic metals, and the estimated GVA in the cement and lime industry within the other nonmetallic mineral products sector in 2022 for Portugal and Spain. For example, the cement industry relies on the calcination process for cement production.

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Will embodied AI create robotic coworkers?

McKinsey

2 Multipurpose robots are programmed to complete a limited set of related tasks within a specific environment, while general-purpose robots can complete diverse, unrelated tasks across different settings. They may prove critical in solving long-standing problems, including those related to health and safety issues or product quality.