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The worlds largest independent oil trader, Vitol, will buy stakes in some upstream assets in West Africa from Eni for $1.65 Eni has been pursuing in recent years the so-called dual exploration model, under which it sells part of its majority stakes to other companies to fast-track oil and gas discoveries to production.
Applied Computing’s flagship product - Orbital - has been built using multi-foundation AI powered by a new class of models built to optimise the physical world. Applied Computing sees opportunities across the sector's value chain from refining and petrochemicals to upstream and LNG, although its current focus is on downstream.
Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. What is oil and gas upstream midstream downstream? It also includes the distribution and sale of these products to consumers.
in Mechanical Engineering from the University of Alberta and has held previously roles at Sanjel Corporation, Zodiac Exploration, and Pinnacle Technologies, specializing in hydraulic fracturing in unconventional reservoirs. At Liberty, he focuses on technology innovation, service quality, efficiency, and optimization. Ron holds a B.Sc.
They provide reserves reports and audits, acquisition and divestiture evaluations, simulation studies, exploration resources assessments, equity determinations, and management and advisory services.
Platforms integrated across previously siloed workflows, connecting upstream operations with midstream logistics and downstream analytics. They deliver precise, objective production forecasts across numerous well scenarios by analyzing more variables than humanly possible.
For investors, this sector offers diverse opportunities, ranging from upstreamexploration to downstream refining and distribution. Upstream Investments; Exploration and Production (E&P): The upstream sector involves the search for oil and gas reservoirs and the extraction of these resources.
Natural Gas Liquids (NGLs) ethane, propane, butanes, and natural gasoline are essential to modern life, fueling industries and forming the building blocks for countless products. Let’s explore cost-effective NGL separation solutions and look at how we can build the future together. FAQ Section Q.
The presenting company lineup as of May 21, 2025, includes: Advantage Energy (TSX: AAVVF) Amplify Energy (NYSE: AMPY) Anschutz Exploration Armstrong Oil & Gas APA Corp.
“They also include agreements for BP to access to two new exploration and development licenses and introduce a new partner to accelerate exploration on a third,” the company added. BP noted in its release that these projects are fully accommodated within its financial frame.
As society increases its focus on going green, businesses are exploring their options for renewable energy. For example, a company in Australia called Power Ledger uses a blockchain platform that monitors users’ energy consumption and production while ensuring transparent yet secure executions. Let’s take oil as an example.
In the oil and gas industry, the process of separating water and other impurities from crude oil and natural gas is crucial for efficient and safe production. In this article, we will explore what free water knockouts are, how they work, and the different types and design considerations to keep in mind when implementing them.
Natural Gas Liquids (NGLs), including ethane, propane, butanes, and natural gasoline, are vital to numerous aspects of modern life, serving as essential fuels and feedstocks for a vast array of products, from plastics to clean-burning energy sources. Membranes can also pre-concentrate NGLs from lean gas streams.
The growth in the historic period can be attributed to data explosion in the industry, operational efficiency improvement, automation of repetitive tasks, safety enhancement, optimization of exploration and drilling processes, enhanced reservoir management.” The goal is always to make humans more productive.
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