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Israel has ordered the shutdown of its massive Leviathan gas field, cutting off a critical supply line to Egypt just as regional tensions with Iran erupt into open conflict. Chevron, the operator of Leviathan, confirmed the halt on Friday after Israel’s Energy Ministry issued the order, citing escalating security threats.
In a letter sent to President Claudia Sheinbaum and released on Monday afternoon, the association warned that many of these companies may have to stop operations as early as July. The letter did not specify the amounts owned to the group’s members, which include Baker Hughes, Halliburton, Weatherford, SLB Oil & Gas and Grupo Mexico.
Oil started the week with a gain, after an Iranian missile attack caused damage to the Haifa refinery in Israel over the weekend, prompting a partial shutdown, Israeli media reported, saying the facility remained operational. At the time of writing, Brent crude was trading at $74.83 per barrel, with West Texas Intermediate at $73.77
The shutdown equates to roughly 1.3 Seven key oil producers have scaled back or halted operations entirely. million barrels per day, sending shockwaves through global energy markets, Bloomberg reported. The fires have triggered evacuations in production hubs
It said that no injuries or casualties were reported at the sites, with refining facilities continuing to operate despite a shutdown of some downstream operations. Read more]
With modest volumes from Israel returning after a week-long shutdown and two new FSRUs likely to be operational in early July, Egypt appears to have prevented painful blackouts, for now. Industrial gas users went offline this week as Cairo prioritized flows to power plants.
7 the company completed the shutdown of the refinery. Lyondell first announced plans in 2023 to shut the refinery, which has been in operation for over [Read more] Reuters reported on Feb.
Image by Redhuan Ramli via iStock EnerMech Limited has secured a three-year contract with Dana Petroleum Limited for Offshore Shutdown Support Services for the Triton floating, production, storage, and offloading (FPSO) vessel. Under the agreement, EnerMech will incorporate its own System Integrity Management (SIMPro) software.
A wildfire in the Canadian province of Alberta prompted the temporary shutdown of some oil and gas production and forced residents of a small town to evacuate. The blaze, which Alberta Wildfire said is approximately 1,600 hectares in size, is burning out of control about 7 km north of the town of Swan Hills in [Read more]
John Crane, a global leader in rotating equipment solutions and part of Smiths Group plc, has unveiled the Type 93AX Coaxial Separation Seal, a cutting-edge dry gas sealing solution designed to help customers reduce emissions, enhance equipment reliability, and lower operational costs.
The shutdown is projected to cut carbon dioxide emissions by 240,000 tonnes per year, the equivalent of removing 250,000 vehicles from circulation. One of the project's most significant achievements is the shutdown of approximately 7,000 private diesel generators throughout the region.
The lost volumes have resulted in the shutdown of some gas-fired power plants and a loss of about 3,800 megawatts of generation. Iraq, OPEC’s second-biggest oil producer, doesn’t have enough gas to operate its mostly gas-fired power plants and suffers from crippling blackouts every summer when demand peaks.
This paradigm directly addresses the challenges of traditional anomaly detection methods and helps proactively resolve issues before they escalate, reducing downtime and significantly improving operational efficiency. Analyze Data: - Compare the sensor readings against the motor's specified operating parameters. Δ Locked Rotor Cur. –
The contract covers the provision of Offshore Shutdown Support Services for the Triton floating production, storage and offloading (FPSO) vessel, located approximately 120 miles east of Aberdeen in the North Sea. EnerMech CEO, Charles ‘Chuck’ Davison Jr.,
trillion of value by 2035, delivering 20-30% reduction in operating costs and up to 5% decrease in carbon emissions. In this post we explore how this powerful solution delivers both operational excellence and sustainable business outcomes through intelligent energy management.
There are two primary destinations for PW from onshore operations. The result is operators are spending more to ship PW further and then paying higher prices for disposal volumes, especially at SWD facilities just outside of the SRAs. This could force operators to stop production in previously profitable fields.
Iran’s gas field saw partial shutdown but Strait of Hormuz flows remained uninterrupted. Operators receiving RRC emails must submit requested data, with training materials and compliance procedures available on the RRC website. as Israel-Iran strikes spared key infrastructure, despite initial surges and Friday’s 13% spike.
million barrels in the Permian were cut by the recent cold weather that hit operations, according to estimates from analysts at consultancy Energy Aspects. Cushing inventories have been near operational lows in recent months, but climbed to about 25.7 WTI Midland crude traded at a $1.08 premium to U.S. premium to U.S. crude futures.
How the development, validation, and large-scale deployment of online solids management systems is saving operators money by releasing flowback equipment sooner, minimizing equipment damage due to solids carry-over, and reducing the need for shutdowns and confined space entry cleanout operations.
AI-powered technologies are enabling companies to optimize operations, enhance oil and gas exploration, and prevent costly disruptions. From predictive maintenance to real-time data analytics, AI solutions are revolutionizing how oil and gas companies operate, analyze vast amounts of data, and reduce risk across the board.
The past several years have been challenging for Colorado oil and natural gas companies who are working to comply with stiff new regulations and surging demand following pandemic shutdowns, but the fundamentals of the Denver-Julesburg Basin remain strong. When has the DJ been uneconomic?”
While some experts expect a short conflict and easing prices, others warn a complete shutdown of the strait could send oil prices soaring to $120-$130 per barrel, hurting global consumers. This addresses a billion-dollar problem, with one operator losing $1.1
Today, it is an area ripe with innovation, driven by stricter environmental regulations, the demand for unprecedented operational efficiency, and the rise of new and unconventional gas sources. This data is fed back to a central control room, often miles away, allowing operators to monitor performance remotely.
This 2015 SIP Call rule focused on the treatment of excess emissions during periods of startup, shutdown, or malfunction (SSM). K Startup and Shutdown, in its place. K, EPA explained that owners and operators would not have to consistently choose compliance methods for each and every affected point source. LAC 33:III.2201.K
Drilling rig operation report also called daily drilling report or DDR contain several acronyms. Let see some mostly used acronyms in oil and gas drilling rig operational game plan and daily drilling report. These acronyms minimize drilling report size and make it easy to read and understand.
AI-Driven Predictive Maintenance Use AI to predict when equipment needs servicing or replacement, preventing sudden failures that could lead to injuries or operationalshutdowns. By embracing AI and digitalization: 1. Risks are identified earlier. Responses are faster and more coordinated. Training becomes more engaging and effective.
These characteristics can include varying product properties, product handling prior to the heat exchanger and operational performance of other equipment, such as pumps, valves and back pressure. Heat transfer: because of the insulating properties of fouling, heat transfer can fall outside of operating specifications.
In pursuit of efficiency and minimal environmental impact, vapor recovery units (VRUs) are now indispensable in gas processing operations. At Pro-Gas LLC, we recognize the critical role these systems play in our commitment to sustainable and profitable operations. These systems are vital to the safe, and efficient operation of the VRU.
US Government Shutdown Although the US government, and the SEC, is shutdown, advisers should continue to meet all statutory and regulatory deadlines as set forth in the SEC’s Operations Plan Under Government Shutdown (Dec. The forms are available from the Commissioner of Securities office.
Today, it operates a bakery and sells meat and eggs as well as fresh seasonal produce at about 14 farmers markets per week. In the pandemic and beyond The Easton Farmers Market started 273 years ago, making it the oldest continuously operating farmers market in the country.
Coupled with the recent decline in oil and gas prices, many operators are left scrambling in an attempt to navigate unprecedented circumstances. With shutdowns and stay-at-home orders in place and regulatory deadlines looming, Louisiana operators are looking for guidance from regulators on how to proceed.
Degraded heat exchanger performance from fouling or aging results in extra operating and energy costs to compensate for gaps in the target temperature. The cost of cleaning a heat exchanger is small compared to the cost of lost production should a heat exchanger require an unscheduled shutdown.
As the situation is now, it will not be economically sustainable for operators to perform P&A operations conventionally. The best way for P&A operations to become more economically viable is through advances in technology. Category C: Drilling rigs capable of performing all well operations through marine riser and BOP.
These characteristics can include varying product properties, product handling prior to the heat exchanger and operational performance of other equipment, such as pumps, valves and back pressure. Melissa Fryer, Sanitary Heat Transfer Business Development Manager, Alfa Laval In short, the costs of fouling are many and varied.
In addition, the proposal would create a new NSPS Subpart OOOO to regulate VOC emissions from all oil and gas operations not already covered under Subpart KKK that commence construction, reconstruction, or modification after August 23, 2011. Mg/yr in lieu of achieving 95% emissions control.
If a TEG dehydration unit meets the exemption criteria, the owner/operator must maintain records of the applicable throughput or emissions determinations. The owner/operator must submit an initial notification to the delegated state agency and the EPA. The unit is exempt from all other recordkeeping and reporting requirements.
Companies need to retain employees through bankruptcy if they are continuing to operate so that they can protect the value of their asset. For instance, OSHA may still conduct inspections if the business continues to operate and may become a creditor in the bankruptcy proceeding for any fines.
Companies need to retain employees through bankruptcy if they are continuing to operate so that they can protect the value of their asset. For instance, OSHA may still conduct inspections if the business continues to operate and may become a creditor in the bankruptcy proceeding for any fines.
Amidst historically low oil prices and economic shutdowns, fossil fuel companies continue to defend against lawsuits brought by state and local governments claiming climate-change related damages.
Gulf Keystone Petroleum (LSE: GKP) provided an operational and corporate update ahead of its AGM on Friday, reaffirming its 2025 production and financial guidance despite regional uncertainties. While we have seen no material impact on Shaikan Field operations to date, we are closely monitoring the developing conflict between Israel and Iran.
Jon Harris (pictured), Gulf Keystone's Chief Executive Officer, said: "2024 was a year of strong operational and financial delivery for Gulf Keystone. As a result, we are pleased to announce today the declaration of a $25 million interim dividend as we reiterate our 2025 operational and financial guidance. million in 2024 (2023: $50.1
Its ability to take this data out of file cabinets, hard drives, and clipboards actually helped Greasebook thrive during the COVID shutdowns, Archbald recalled, because everybody was working outside the office, from home and accessing that data online was sometimes the only option. We were already set up for that, he says.
However, some employees are paid through check or other forms of payment, which can cause complications when employees are displaced or the employer’s office is not fully operational. The regulations are clear that employers cannot use deductions “for absences occasioned by the employer or by the operating requirements of the business.”
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