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Murphy Oil to acquire BW Pioneer FPSO in Gulf of America for $125 million

Oil & Gas 360ยบ

(World Oil) –Murphy Oil Corporation today announced that a subsidiary has signed a Sales & Purchase Agreement (SPA) to acquire the BW Pioneer floating production storage and offloading vessel (FPSO) from BW Offshore.

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AI in Oil and Gas โ€“ A Game-Changer for Efficiency and Profitability

Aresco

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.

Oil 52
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Maximizing Efficiency with High-Performance Compressors

Pro-Gas Services

Increased Productivity. Consistent and reliable air delivery ensures smooth operation of pneumatic tools and processes, minimizing downtime and maximizing productivity. Reduced Maintenance. Advanced filtration systems deliver cleaner air, protecting downstream equipment and improving product quality. Quiet Operation.

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Production in Paying Quantities: Maintaining Mineral Leases Beyond Their Primary Terms with Production of Oil or Gas

The Energy Law

Mineral lessees may be particularly concerned with whether recent production levels have maintained their leases beyond their primary terms. In Louisiana, as in most jurisdictions, production of oil or gas must be in โ€œpaying quantitiesโ€ to maintain a mineral lease beyond its primary term. [1] Lea Exploration Co. , JLH Enters. ,

Oil 40
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How Do Solar Panels Function in Snowy and Cold Conditions?

Navigate Power

Article at a glance Grid-tied energy systems help balance seasonal variations in production. Home battery systems complement wintertime renewable energy production. Snow coverage on solar panels does not wholly halt energy production. Even cloudy days contribute to solar energy production through diffuse light.

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BSEEโ€™s Updated Decommissioning Rules Address RUEs and Formalize Predecessor Enforcement Practices

The Energy Law

RUE grants are authorizations from BOEM to use a portion of the seabed not encompassed by the holderโ€™s lease to construct, modify, or maintain platforms, artificial islands, facilities, installations, and other devices that support exploration, development, or production of oil and gas or other energy resources from another lease.

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How Natural Gas Coolers Improve Energy Efficiency

Pro-Gas Services

Lets get into the mechanics of natural gas coolers, explore their benefits, and discuss why they’re a smart choice for eco-conscious consumers and businesses. Regular maintenance is essential to optimal performance and longevity. Lower maintenance costs also contribute to a favorable return on investment.