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(World Oil) – Baker Hughes has reached an agreement to sell its Precision Sensors & Instrumentation (PSI) product line to Crane Company, a diversified manufacturer of engineered industrial products, for a total cash consideration of approximately $1.15
Delta Electronics, a provider of power management and IoT-based smart green solutions, has established a joint innovation laboratory with semiconductor supplier Texas Instruments (TI).
Traditionally, utility data has been […] The post How Utilities Can Activate Data to Improve Asset Management appeared first on POWER Magazine. Nearly every utility in the world has embarked on their own journey of digital transformation, using data to help make processes faster and more efficient.
With baby boomers set to retire within the next five years, preparing the next generation of managers has become a top priority for leaders, as highlighted by the Development Dimensions International (DDI) studies. Managers must cultivate these capabilities to lead teams, manage change and drive organizational success effectively.
(World Oil) – Namibia will offer financial incentives to help kick-start the development of oil fields managed by a group led by TotalEnergies, according to a special adviser in the presidency. TotalEnergies and Shell Plc in 2022 made the first in a series of finds off the coast of the southwest African nation.
The post How Grid Edge Computing is Revolutionizing Real-Time Power Management appeared first on POWER Magazine. With the proliferation of distributed energy resources (DERs), electric vehicles and smart loads, grid edge intelligence has moved from a luxury to a necessity.
The transformer sensor is reportedly […] The post Digital Sensor Provides Greater Asset Management Capability for Transformers appeared first on POWER Magazine.
Utilities and other power generators recognize the importance of proper data management and the use of data analytics. Maximizing the value of data enables utilities to draw operational insights, including […] The post The POWER Interview: Engineering the Best Use of Data in the Electricity Sector appeared first on POWER Magazine.
Banks need to evolve International Financial Reporting Standard (IFRS) 9 models quickly—and those that get it right will have more than just a competitive advantage.
Compatibility with existing infrastructures and enabling remote workers with strong access management and control has made virtual […] The post Solutions to Empower Global Energy Workforce and Boost Operational Effectiveness appeared first on POWER Magazine.
Advanced Distribution Management Systems (ADMS) and Distributed Energy Resource Management Systems (DERMS) are crucial grid management technologies in todays modern power delivery system.
They may use various instruments and tools to gather information and contribute to the analysis of data relevant to engineering projects. This can involve tasks such as setting up instrumentation, troubleshooting issues, and ensuring that systems are operating efficiently.
Image by Adele Heidenreich via iStock Namibia will offer financial incentives to help kick-start the development of oil fields managed by a group led by TotalEnergies SE, according to a special adviser in the presidency. TotalEnergies and Shell Plc in 2022 made the first in a series of finds off the coast of the southwest African nation.
Modern power plants have many critical demands, including the need for more efficient energy management, enhanced safety and security, and reduced power consumption.
North American electric utilities continue to grapple with the challenge of managing behind-the-meter distributed energy resources (DERs), according to the results of a survey of utility decision-makers published Feb.
Significant work routines and asset management processes have already been transformed. The digital age is upon us and the power industry is a key participant in this exciting time. Power […] The post From Ideas to Assets: How Digital Solutions Provide Value Through Project Lifecycles appeared first on POWER Magazine.
He has held senior management positions with both service companies and operating companies, contributing to projects at all stages. We are thrilled to welcome Eric to the leadership team, said Dr. Paul Clarke, President and CEO.
Power management company Eaton said it is helping address the critical shortage of transformers, along with record demand for its solutions from utility, large commercial, industrial and data center customers, […] The post Eaton Increasing Transformer Manufacturing with South Carolina Investment appeared first on POWER Magazine.
A global power management company known for its technology advancements is collaborating with a software-enabled installation platform for electrification in a joint effort designed to support the U.S.
The agreement covers port management, container handling, and feeder container ship services for the Borouge Container Terminal in Al Ruwais Industrial City, Abu Dhabi, according to the news release. The service agreement will deliver a minimum guaranteed value of $531 million (AED 1.95
IMG brings integrated capabilities across engineering design and development, construction management, enhanced software and monitoring systems, and operations and marketing. IMGs cloud-based centralized operations platform for remote monitoring and control includes systems integration, automation, instrumentation and electrical design.
In response, the Texas Legislature passed Texas Natural Resources Code § 122.002 on September 1, 2019, which grants title to produced water to whoever takes possession of it for the purpose of treating it for subsequent beneficial use, unless a conveyance instrument expressly provides otherwise.
Mineral interests offer the highest form of security and upside in the oil field, and any and all benefits an operator manages to unlock accrues directly to the mineral holder without any capital risk, forever. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act.
Stacey Buchan, Operations Manager at Fulkrum, commented: We are incredibly proud to have played a key role in the Penguins project, providing vendor surveillance over the past five years. The post Fulkrum Completes Vendor Surveillance for Shells Penguins Project first appeared on Egypt Oil & Gas.
A new AI architecture paradigmâthe agentic AI meshâis needed to govern the rapidly evolving organizational AI landscape and enable teams to blend custom-built and off-the-shelf agents while managing mounting technical debt and new classes of risk. But the bigger challenge wonât be technical.
The combined company will be led by Whitecap’s existing management team under the Whitecap name with four Veren directors to join the Whitecap Board of Directors, including the current President & CEO of Veren, Craig Bryksa. Under the terms of the Agreement, Veren shareholders will receive 1.05
Non-GAAP financial measures and ratios are used internally by management to assess the performance of the Company. Management uses this metric to isolate the revenue associated with the Companys production after accounting for the unavoidable cost of blending. McDaniel & Associates Consultants Ltd., USD-CAD and C$3 / GJ AECO.
AMPECO, a global EV charging management solution provider , is on a mission to empower large-scale charge point operators (CPOs) to deliver a seamless and efficient charging experience to drivers worldwide. As networks grow, so does the complexity of managing resources such as energy consumption, billing, and customer service.
He mastered dozens of instruments, choreographed his shows and oversaw production. According to the Society for Human Resource Management (SHRM) , toxic workplace cultures cost US businesses over $223 billion in turnover over five years. His obsessive focus wasn’t accidental; it was a practiced discipline.
In this scenario, which points toward the future of energy, artificial intelligence (AI) and machine learning are indispensable tools to manage the challenges of modern energy infrastructure. It is worth keeping an eye on AI being but one of many tools that can help manage the complexity of an energy grid with millions of connected assets.
NASAs Orbiting Carbon Observatory-2 (OCO-2) and the European Space Agencys TROPOMI instrument capture real-time emissions, giving a sharper picture of citywide activity. Unlike earlier estimates, the researchers at the University of Pittsburgh rely on satellite data to track CO2 and NO2 concentrations across major metros.
A possible solution is for Heathrow to manage its own grid, as PIT does. The suns reflection off a nearby solar array made it difficult in those hours for pilots and air traffic controllers to read their instruments and see airborne aircraft. The investigation is ongoing. For weeks, the runway had been closed daily from 10 a.m.
The proposed rule seeks to streamline certain aspects of the site assessment and development process and implement other changes related to lease issuance, financial assurance, safety management systems, and other matters. BSEE would also review safety management systems and oil spill response plans.
This method has been instrumental in achieving significant cost reductions, enhanced hydrocarbon recovery, and greater project returns. Targeting multiple formations at the same time , allowing for optimized reservoir management. Coterra Energy Inc.
A fleet of 100 Huaneng Ruichi autonomous electric mining trucks, the first of its kind in the world, has officially entered operation at the Yimin open-pit mine in Inner Mongolia, […] The post Worlds First Fleet of 100 5G-A Autonomous Electric Mining Trucks Launched at Yimin Mine appeared first on POWER Magazine.
There are many ways to enhance power grid and power plant reliability, including the implementation of advanced control strategies, proactive maintenance programs, and modern technologies for early detection The post The POWER Interview: Emerson Exec Discusses Grid Enhancements appeared first on POWER Magazine.
His $10 million donation in 2012 was instrumental in the creation of Klyde Warren Park , a beloved 5.2-acre “Texas faces a critical need for highly skilled graduates who can manage energy resources, and this innovative REE program will help meet that demand. acre green space that reconnects the citys uptown and downtown areas.
Companies offering the ability to collect data for use by electric utilities are finding their services in demand as the power generation sector embraces digitization. It’s an industry that promotes […] The post The POWER Interview: Diving Into Data With Autonomous Inspection of Utility Assets appeared first on POWER Magazine.
He refreshed the technical team, attracting CEO Michael Henrichson, whowas part of several gold discoverieswhile he was in senior management at Newmont for many years. All together, the board, management and strategic investors have a 41% stake. With gold at $2600 and rising, this timing is perfect.
We learned to manage a double monitor, the platform where we present and where we see cameras, notes, and all the support content. How do you supervise alarm management remotely? Even on-site start-up with strict protocols and distancing and remote equipment support. We mastered these challenges. What have you learned from remote work?
Instrumentation and Controls Sophisticated instrumentation and control systems act as the brain of the JT skid, continuously monitoring and controlling process parameters like temperature, pressure, and flow rate. Field gas conditioners play a vital role in achieving these environmental goals.
In 2009, several of the Bailey family members formed New 90, LLC to manage this and other family-owned property. If the transferring instrument does not contain an explicit assignment of the personal right to sue for damages to the property, the right remains with the transferor.”
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