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In March 2009, Brazil adopted the much-awaited Gas Law; regulating the transportation of natural gas. The Gas Law establishes a 30 year concession regime, bringing enhanced security for private companies to enter the market for transportation and storage of natural gas.
When discussing the digital oilfield, one thing the majority of commentators agree on is that it involves operators having maximum awareness and control over their assets. Many also agree that the technology and connectivity across the oilfield is now there and that the key question facing operators is how best to utilise and integrate these technologies.
Increased difficulties in obtaining utility right-of-way and the concept of utility corridors have brought pipelines into close proximity with electric power transmission/distribution systems. Metallic objects subjected to the alternating electromagnetic field will exhibit an induced voltage. Also, power conductor faults to ground can cause substantial fault currents in the underground structure.
If captured and recovered for energy, coal mine methane is a cost-effective resource. Coal mines around the world are increasingly focusing on the commercially available, cost-effective opportunities to capture and use this often wasted resource.
FMC Technologies will provide Petrobras with a subsea oil-water separator system for the Marlim field, located in the Campos Basin, offshore Brazil.
British companies can be found in all aspects of the energy industry all over the world. A track record of more than 40 years of expertise in exploring and developing oil and gas as well as nuclear energy has created a wealth of experience that is now being used globally.
The US electric utility industry must quickly find ways to acquire and integrate a large percentage of its electricity from clean renewable sources in order to meet existing and anticipated state and federal requirements.
Newbuild and converted offshore LNG projects are now under review by ABS.
South America has an impressive total of gas reserves and is increasing its production, however, the region is continually facing problems despite its desire to expand and develop.
Subsea 7 has been awarded a pipeline engineering, construction and installation contract by BP worth approximately US$ 150 million. In addition, the company has opened a new pipeline fabrication spoolbase in Texas.
There is no one solution to the global energy crisis, but fusion scientists think that they can make an important contribution. Fusion, if successfully developed, will be both clean and green, producing large quantities of energy from non carbon emitting sources and without the burden of long-term radioactive waste.
Contrary to popular belief, the world is not running out of oil and gas; plenty still remains in the Middle East, Russia and Venezuela. The world is running out of cheap sources located in politically stable countries with open fiscal and regulatory regimes.