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Baker Hughes Scores Plug and Abandonment Job from Equinor

Rigzone

Image by JHVEPhoto via iStock Baker Hughes Company was selected by Equinor ASA to provide plug and abandonment services in the Oseberg East field on Norway’s continental shelf. To manage the project, Baker Hughes said it will set up a Plug and Abandonment Centre of Excellence in Bergen and Stavanger.

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Baker Hughes awarded Equinor contract for P&A work in North Sea

Oil & Gas 360º

(World Oil) – Baker Hughes will provide Equinor plug and abandonment (P&A) services in the Oseberg East field on Norway’s continental shelf. Through this integrated P&A program, Baker Hughes will plug and abandon wells and provide project management services on behalf of Equinor.

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Operators May Earn and Sell Carbon Credits for the P&A of Inactive, Shut-in, or Temporarily Abandoned Wells

The Energy Law

Operators may now have the potential to sell carbon credits in exchange for the P&A of inactive, shut-in, or temporarily abandoned wells. The EPA estimates that there are over 3 million known abandoned and orphaned oil and gas wells (AOOG wells) in the United States. Well Eligibility. Additionality.

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7 lessons leaders can learn from music legends 

SmartBrief

In business, as in music, true mastery isn’t about striving for mechanical perfection but resonance, rhythm and trust. Reinvention wasn’t about abandoning identity but growing into new possibilities. Reinvent like David Bowie: Stay relevant by evolving David Bowie wasn’t afraid to evolve artistically or personally.

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Commissioner of Conservation Issues Letter Addressing Emergency Measures to Help Louisiana Oil and Gas Industry

The Energy Law

Specifically, the letter addressed the following circumstances: Plugging Requirements : Regulations require any well that has been identified by the operator as inactive with no future utility to be placed on a schedule of abandonment or plugged within 90 days.

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Does the Market Need OPEC/OPEC+?

Energy Outlook Advisors

Strangely enough, the US abandoned the costly price controls, and liberalized energy markets in the early 1980s. OPEC had no quota system and no mechanism to manage the market at that time— not even political clout. OPEC has no legal power over its members and no enforcement mechanism.

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Iran, France signal readiness for nuclear talks amid US negotiations

Oil & Gas 360º

Trump, who abandoned the 2015 pact between Tehran and world powers during his first term in 2018, has threatened to attack Iran unless it reaches a new deal swiftly that would prevent it from developing a nuclear weapon. President Donald Trumps administration earlier this month.