Over the next few years, data indicates a sharp increase in the Liquid Natural Gas industry. To capitalize on this opportunity, IBM has the leading supply chain managment solutions that can quickly establish flexible global business models for an unpredictable, high-stakes future.
The document discusses several energy news stories from Qatar, Oman, the UAE, Iran, Egypt, and Libya. Specifically:
- A consortium including Qatar Electricity and Water Co and Mitsubishi Corporation will build Qatar's biggest integrated power and water plant for $3.15 billion.
- Oman's Public Authority for Electricity and Water is developing a National Energy Strategy to identify energy sources and meet the country's needs through 2040.
- A report found solar energy in the UAE is now cost-competitive with oil and gas, and renewables could make up 25% of the country's power generation by 2030 more cheaply than current targets.
- Iran increased
New base 1011 special 19 march 2017 energy newsKhaled Al Awadi
1) DEWA will provide 400MW of power from the Mohammed bin Rashid Al Maktoum solar park to the Expo 2020 site in Dubai, investing Dh420 million in infrastructure to support the event's power needs.
2) MENA green energy investment was valued at $8.7 billion in 2016, with many projects focused on renewable energy. DEWA reached financial close on the Hassyan clean coal IPP and Phase III of the Mohammed bin Rashid Al Maktoum Solar PV project.
3) Saudi Arabia and China are discussing China Investment Corp and PetroChina taking stakes in the upcoming Saudi Aramco IPO, which could be worth up to $100 billion.
New base energy news issue 874 dated 16 june 2016Khaled Al Awadi
Greetings,
Attached FYI (NewBase Special 16 June 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In today’s issue you will find news about:-
• UAE: Irena says renewable energy costs set to tumble as UAE plays major role
• Bahrain’s Bapco seeks bids for oil refinery expansion
• Kurds Ready For New Oil Deal With Baghdad If They Get $1B A Month
• US:Why Billions in Proven Shale Oil Reserves Suddenly Became Unproven
• Oil futures down on US stockpile report, Brexit concern
• OPEC Turmoil Could Turn IEA’s Balanced Market Into Shortfall
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :- khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
New base 06 february 2021 energy news issue 1403 by khaled al awadiKhaled Al Awadi
NewBase 06 February 2021 Energy News issue - 1403 by Khaled Al AwadiNewBase 06 February 2021 Energy News issue - 1403 by Khaled Al AwadiNewBase 06 February 2021 Energy News issue - 1403 by Khaled Al Awadi
1. Egypt has signed exploration agreements with Petroceltic, Dana Gas, and Edison to drill a minimum of 8 exploration wells in the Mediterranean Sea, Gulf of Suez, and Nile Delta. This is expected to attract $265 million in investment to Egypt.
2. India and the UAE have announced plans to increase renewable energy capacity and reduce dependence on conventional fuels. However, high costs and lack of infrastructure pose challenges to renewable energy adoption.
3. Shell plans to sell three producing oil and gas fields in the North Sea as part of its strategy to divest $15 billion in assets over two years and focus on growth opportunities.
PROPOSAL FOR ABC POWER- A BUSINESS PLAN- FROM SAUDI ARABIA TO WORLD-Rupesh K. Sinha
The document provides an overview and business plan for developing a power business from Saudi Arabia to the Middle East. It discusses opportunities in the growing Saudi and Middle East power markets, including increasing demand for electricity driven by population growth. The plan aims to target power projects in Saudi Arabia and the Middle East by developing organization strategies and pursuing a growth plan from 2016 to 2026.
ABC Power- From Saudi Arabia to the World- AN EPC Business Development PlanRupesh K. Sinha
Looking forward for any Saudi or Middle East Contracting Company/ Power Sector Development Individual/ Promoter/ Investor to join together and set-up ABC Power from Saudi Arabia to WORLD as per the Vision Presentation attached.
Interested company or individual are invited to explore avenue and move forward to join and build Power to Nation.
The document discusses several energy news stories from Qatar, Oman, the UAE, Iran, Egypt, and Libya. Specifically:
- A consortium including Qatar Electricity and Water Co and Mitsubishi Corporation will build Qatar's biggest integrated power and water plant for $3.15 billion.
- Oman's Public Authority for Electricity and Water is developing a National Energy Strategy to identify energy sources and meet the country's needs through 2040.
- A report found solar energy in the UAE is now cost-competitive with oil and gas, and renewables could make up 25% of the country's power generation by 2030 more cheaply than current targets.
- Iran increased
New base 1011 special 19 march 2017 energy newsKhaled Al Awadi
1) DEWA will provide 400MW of power from the Mohammed bin Rashid Al Maktoum solar park to the Expo 2020 site in Dubai, investing Dh420 million in infrastructure to support the event's power needs.
2) MENA green energy investment was valued at $8.7 billion in 2016, with many projects focused on renewable energy. DEWA reached financial close on the Hassyan clean coal IPP and Phase III of the Mohammed bin Rashid Al Maktoum Solar PV project.
3) Saudi Arabia and China are discussing China Investment Corp and PetroChina taking stakes in the upcoming Saudi Aramco IPO, which could be worth up to $100 billion.
New base energy news issue 874 dated 16 june 2016Khaled Al Awadi
Greetings,
Attached FYI (NewBase Special 16 June 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In today’s issue you will find news about:-
• UAE: Irena says renewable energy costs set to tumble as UAE plays major role
• Bahrain’s Bapco seeks bids for oil refinery expansion
• Kurds Ready For New Oil Deal With Baghdad If They Get $1B A Month
• US:Why Billions in Proven Shale Oil Reserves Suddenly Became Unproven
• Oil futures down on US stockpile report, Brexit concern
• OPEC Turmoil Could Turn IEA’s Balanced Market Into Shortfall
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :- khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
New base 06 february 2021 energy news issue 1403 by khaled al awadiKhaled Al Awadi
NewBase 06 February 2021 Energy News issue - 1403 by Khaled Al AwadiNewBase 06 February 2021 Energy News issue - 1403 by Khaled Al AwadiNewBase 06 February 2021 Energy News issue - 1403 by Khaled Al Awadi
1. Egypt has signed exploration agreements with Petroceltic, Dana Gas, and Edison to drill a minimum of 8 exploration wells in the Mediterranean Sea, Gulf of Suez, and Nile Delta. This is expected to attract $265 million in investment to Egypt.
2. India and the UAE have announced plans to increase renewable energy capacity and reduce dependence on conventional fuels. However, high costs and lack of infrastructure pose challenges to renewable energy adoption.
3. Shell plans to sell three producing oil and gas fields in the North Sea as part of its strategy to divest $15 billion in assets over two years and focus on growth opportunities.
PROPOSAL FOR ABC POWER- A BUSINESS PLAN- FROM SAUDI ARABIA TO WORLD-Rupesh K. Sinha
The document provides an overview and business plan for developing a power business from Saudi Arabia to the Middle East. It discusses opportunities in the growing Saudi and Middle East power markets, including increasing demand for electricity driven by population growth. The plan aims to target power projects in Saudi Arabia and the Middle East by developing organization strategies and pursuing a growth plan from 2016 to 2026.
ABC Power- From Saudi Arabia to the World- AN EPC Business Development PlanRupesh K. Sinha
Looking forward for any Saudi or Middle East Contracting Company/ Power Sector Development Individual/ Promoter/ Investor to join together and set-up ABC Power from Saudi Arabia to WORLD as per the Vision Presentation attached.
Interested company or individual are invited to explore avenue and move forward to join and build Power to Nation.
Greetings,
Attached FYI ( NewBase Special 15 September 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Qatari Nebras Power signs deal for 500MW project in Indonesia
• Saudi Aramco: China’s SEPCO set to win gas booster project
• UAE: Weatherford operations in GCC amid oil slide are steady
• LNG Will Make Up Half of India's Share of Gas Consumption by 2017-18
• Indonesia: Citic Resources boosts Seram oil production
• Oil prices mostly steady, but weak Asian economy weighs
• GCC’s economic diversification to cushion fall in oil prices
• Opec says world will want more of its oil next year
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy s
Greetings,
Attached FYI ( NewBase Special 05 October 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• UAE: POWER-GEN Middle East expo kicks off in Abu Dhabi
• M.E: Lower Oil Prices Weigh on Power Sector Projects
• UAE energy minister says urgent need to cut subsidies in the region as oil prices decline
• Iraq: Gulf Keystone announces doubling of Shaikan 2P reserves
• Malaysia: Lundin Petroleum resumes exploration drilling in Mengkuang-1 well
• Indonesia: Cooper Energy completes testing at the Bunian-4 appraisal well in South Sumatra Oil up as Russia ready to talk with producers, U.S. rig count drops
• Long-term outlook for oil unclear even with demand set to rebound
• Gas Bears Bathing in Shale Glut Raise Net Short Bets to Record
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
Greetings,
Attached FYI ( NewBase Special 10 March 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Ras AlKhaimah:RAK Petroleum strikes oil off Ivory Coast
• Day two of the Solar Impulse – Oman to India
• Egypt: Aminex's South Malak-2 well declared a discovery
• Egypt sets price for shale gas at $5.45/mmbtu – official
• Vietnam: KrisEnergy becomes operator of Vietnam Block 105
• Nigeria: Oando Energy commences production at the Qua Iboe field
• U.S. Shale Oil Growth Slows as Price Crash Idles Drill Rigs
• Traders cash out on tanker-stored oil as prices rise
• Oil, Gas Industry May Cancel $1trn Projects On Price Fall –Aramco
• Goldman Says $40 Oil Call May Be Too Low as Demand Surprises
As this daily news periodical is free for you, we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
African Energy Project Development Challenges Power Gen Africa 092012ronmiller74
This document summarizes the key challenges for developing African energy projects. It discusses Newmont Mining Corporation's overview, Africa's growing energy demand, challenges in assessing domestic energy resources, improving transmission infrastructure, financing projects, gaining government support, developing necessary non-transmission infrastructure, and ensuring an adequate local labor supply. The document concludes there are opportunities to better attract investment by improving policy frameworks, encouraging independent power producers, securing private sector offtakers, improving transmission grids, developing abundant energy sources at larger scale, and limiting imports of expensive liquid fuels.
New base 23 december 2019 energy news issue 1304 by khaled al awadi -compr...Khaled Al Awadi
Greetings,
Pleased to be able to share with you our latest energy news via NewBase Energy News 23 December 2019 - Issue No. 1304 Senior Editor Eng. Khaled Al Awadi .
Please share as you wish.
Regards
Khaled Al Awadi
Your Energy ConsultantGreetings,
Pleased to be able to share with you our latest energy news via NewBase Energy News 23 December 2019 - Issue No. 1304 Senior Editor Eng. Khaled Al Awadi .
Please share as you wish.
Regards
Khaled Al Awadi
Your Energy ConsultantGreetings,
Pleased to be able to share with you our latest energy news via NewBase Energy News 23 December 2019 - Issue No. 1304 Senior Editor Eng. Khaled Al Awadi .
Please share as you wish.
Regards
Khaled Al Awadi
Your Energy Consultant
New base 1033 special 23 may 2017 energy newsKhaled Al Awadi
The UAE Minister of Energy headed a delegation to Indonesia to strengthen bilateral economic ties. During meetings with Indonesian President Joko Widodo, they discussed opportunities for cooperation in fields like electricity, infrastructure, ports, and renewable energy. They also discussed several bilateral economic issues and reviewed mechanisms for expanding regional cooperation and trade between the two countries. Oman announced plans to issue a Request for Proposals for its first large-scale solar independent power project, as well as new gas and water projects, to meet growing electricity and water demand in the country. Iraq's SOMO oil marketer is considering joint ventures in oil shipping and storage, similar to a new trading venture set up with Russia's Litasco.
Missing Strategic Links - Gawadar Port CPEC, Maritime Industry and Offshore E...mimariner
1) The document discusses Pakistan's energy crisis and lack of strategic planning around developing offshore oil and gas resources, as well as maritime industries.
2) It notes that while Pakistan has over 1,000 km of coastline and extensive offshore territory, these areas have been largely ignored for oil and gas exploration.
3) The author argues that maximizing development of offshore resources and maritime industries could provide billions of dollars for Pakistan's economy and thousands of new jobs.
Saudi Arabia's Sabic has received approval to export liquefied natural gas from the US to the UK. Sabic plans to invest in US shale gas and is converting a plant in England to process US shale gas. Kuwait's KNPC plans to invest $40 billion by 2022 on projects including a new refinery and clean fuels project. Global energy demand is projected to rise 37% by 2040, with growth concentrated in Asia, Africa, and Latin America rather than developed nations. GCC petrochemical revenues hit $89.4 billion in 2013, a 7.3% increase from 2012. Saudi Aramco plans to nearly double the capacity of a planned gas plant in Fadhili to 2.5
NewBase April 04-2022 Energy News issue - 1501 by Khaled Al Awadi.pdfKhaled Al Awadi
- The US is ordering the largest release from its strategic petroleum reserves in history, releasing 1 million barrels per day for 6 months, totaling over 180 million barrels. This is intended to help lower gas prices.
- The release comes as OPEC and allies confirmed they will stick to gradual production increases. Some US oil companies have been reluctant to increase production due to high profits from high oil prices.
- The release is part of Biden's two-part plan to provide immediate relief through reserves while also pushing long-term energy independence through clean energy.
Microsoft word new base 994 special 02 february 2017 energy newsKhaled Al Awadi
Greetings,
Attached FYI (NewBase 02 February 2017 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In today’s issue you will find news about:-
Ne base 07 march 2018 energy news issue 1148 by khaled al awadiKhaled Al Awadi
Middle East countries plan to significantly increase their nuclear power capacity between 2018 and 2028 to enhance energy security and meet rising electricity demand. The United Arab Emirates will lead this growth by installing 5.4 GW of nuclear capacity by 2020. Other Middle East countries also pursuing new nuclear projects include Iran, Turkey, Saudi Arabia, and Jordan. OPEC leaders will meet with US shale producers in Houston to discuss factors affecting global oil prices, but infrastructure bottlenecks and trade tensions threaten to limit the benefits American drillers gain from their growing influence. The UAE solar startup Pawame has raised $2 million in seed funding led by Gulf investors to expand its off-grid solar home system business in Kenya and other African markets.
2019 Election| LNG| Natural Resources| Canada| August 2019paul young cpa, cga
Canada is one of the top exporters of Natural Gas
Canada lacks the LNG capacity to expand LNG exports
United States continues to expand its export market for its LNG - https://www.forbes.com/sites/judeclemente/2018/08/05/despite-trade-war-u-s-natural-gas-exports-booming-to-record-highs/#173faff614ea
Canada regulatory process will get messier if bill C-69 becomes law - https://www.bnnbloomberg.ca/video/what-bill-c-69-means-for-industry~1483271
New base 1185 special 09 july 2018 energy news 22Khaled Al Awadi
CNPC and ADNOC are expected to sign a preliminary deal this month to invest in oil and gas exploration and refining in the UAE. The deal would see CNPC invest in both upstream and downstream segments. Separately, power losses have reduced in Oman's electricity grids due to improvements, saving the sector millions of riyals. Dewa plans to award $3 billion in contracts over 3 years for new substations to support Dubai's growing energy needs.
New base 11 may 2021 energy news issue 1431 by khaled al awadiKhaled Al Awadi
NewBase 11 May 2021 Energy News issue - 1431 by Khaled Al Awadi
NewBase 11 May 2021 Energy News issue - 1431 by Khaled Al Awadi
NewBase 11 May 2021 Energy News issue - 1431 by Khaled Al Awadi
Greetings,
Attached FYI ( NewBase Special 10 April March 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• UAE: Masdar passes halfway stage on Moroccan solar project to cover 940 villages
• Oman: US Based Capstone Secures Oman Flare Gas Project Deal
• Qatar crude oil production rises to 692,000 bpd in February
• Indonesia 1Q crude output climbs on Exxon's Cepu field boost
• Tunisia: Independent Resources increases interest in Ksar Hadada permit onshore
• India: Oilex announces start of gas production from Bhandut field, onshore Gujarat
• India is becoming new China in energy world
• US oil surges to $39.72, up about 8 pct for week
• Oil price of $60 ‘probably within range’ in medium term
• Russian Energy Minister Says Hopes for Output Deal at Doha
• Baker Hughes: U.S. Drillers Cut Rigs for 3rd Week
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2
New base 01 november 2017 energy news issue 1094 by khaled al awadi-compre...Khaled Al Awadi
The UAE has established Khalifa University as a new IAEA Collaborating Centre to offer training on nuclear power infrastructure development. The agreement will enable professionals from other countries pursuing nuclear power to benefit from the UAE's experience in developing regulatory frameworks and building nuclear plants. Khalifa University will develop specialized training courses and fellowships in areas like safety, security and stakeholder involvement. Separately, the IMF reported that Saudi Arabia has the largest reduction in the oil price needed to balance its budget, dropping from $96.60/barrel in 2016 to a projected $70/barrel in 2018. Saudi Arabia has also taken initial steps towards a nuclear power program by sending a request for information to international suppliers to build two nuclear
The document provides an overview of renewable energy markets and development in several Middle Eastern and North African countries. For Saudi Arabia specifically, it notes that the country has ambitious targets to install 54GW of renewable energy by 2032 in order to reduce domestic oil consumption and free up oil for exports. Saudi Arabia is establishing competitive procurement processes to develop utility-scale renewable energy projects for the first time. However, many questions remain around how the country will implement and regulate its plans to transition to renewable sources of energy.
New base energy news issue 860 dated 29 may 2016Khaled Al Awadi
Greetings,
Attached FYI ( NewBase Special 26 May 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In today’s issue you will find news about:-
• UAE: DEWA to boost ties with Russian energy, environment, water and green-building businesses
• UAE: US firm Epic Piping to open Abu Dhabi plant
• Cyprus expects third offshore gas licensing round to conclude in early 2017
• Mozambique: Sasol begins Mozambique development drilling
• Industrial and electric power sectors drive projected growth in U.S. natural gas use
• Oil slips for 2nd day as $50 level sparks new output fears
• U.S. oil drillers cut rigs despite price recovery: Baker Hughes
• Battle Inside OPEC Eases as Saudi Oil Strategy Finally Pays Off
• Aramco plans to expand upstream and downstream market share
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-….
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
New base energy news 10 october 2020 issue no. 1380 senior editor eng...Khaled Al Awadi
Greetings
Pleased to share with you the latest energy news from NewBase Energy News 10 October 2020 - Issue No. 1380
Senior Editor Eng. Khaled Al AwadiGreetings
Pleased to share with you the latest energy news from NewBase Energy News 10 October 2020 - Issue No. 1380
Senior Editor Eng. Khaled Al Awadi
This document discusses India's energy scenario in the year 2020. It analyzes India's primary energy resources and their development over time. Coal is India's most abundant resource but reserves are limited. The document also examines India's energy supply infrastructure including electricity generation and oil refining. Three scenarios for India's energy demand in 2020 are considered: Business as Usual, Efficiency-Oriented, and Environmentally Constrained. The methodology for projecting long-term energy demand under each scenario is also described.
The document discusses renewable energy in India. It notes that India is experiencing rapid population growth and rising energy demand that existing producers are struggling to meet. While renewable energy could help address this, substantial progress has been limited by issues like deficiencies in policy and planning. However, factors like falling technology costs and efficiency gains may help boost renewables. It also provides statistics on India's current energy production and consumption levels as well as projections for 2020, noting plans to significantly increase renewable energy capacity.
Greetings,
Attached FYI ( NewBase Special 15 September 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Qatari Nebras Power signs deal for 500MW project in Indonesia
• Saudi Aramco: China’s SEPCO set to win gas booster project
• UAE: Weatherford operations in GCC amid oil slide are steady
• LNG Will Make Up Half of India's Share of Gas Consumption by 2017-18
• Indonesia: Citic Resources boosts Seram oil production
• Oil prices mostly steady, but weak Asian economy weighs
• GCC’s economic diversification to cushion fall in oil prices
• Opec says world will want more of its oil next year
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy s
Greetings,
Attached FYI ( NewBase Special 05 October 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• UAE: POWER-GEN Middle East expo kicks off in Abu Dhabi
• M.E: Lower Oil Prices Weigh on Power Sector Projects
• UAE energy minister says urgent need to cut subsidies in the region as oil prices decline
• Iraq: Gulf Keystone announces doubling of Shaikan 2P reserves
• Malaysia: Lundin Petroleum resumes exploration drilling in Mengkuang-1 well
• Indonesia: Cooper Energy completes testing at the Bunian-4 appraisal well in South Sumatra Oil up as Russia ready to talk with producers, U.S. rig count drops
• Long-term outlook for oil unclear even with demand set to rebound
• Gas Bears Bathing in Shale Glut Raise Net Short Bets to Record
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
Greetings,
Attached FYI ( NewBase Special 10 March 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Ras AlKhaimah:RAK Petroleum strikes oil off Ivory Coast
• Day two of the Solar Impulse – Oman to India
• Egypt: Aminex's South Malak-2 well declared a discovery
• Egypt sets price for shale gas at $5.45/mmbtu – official
• Vietnam: KrisEnergy becomes operator of Vietnam Block 105
• Nigeria: Oando Energy commences production at the Qua Iboe field
• U.S. Shale Oil Growth Slows as Price Crash Idles Drill Rigs
• Traders cash out on tanker-stored oil as prices rise
• Oil, Gas Industry May Cancel $1trn Projects On Price Fall –Aramco
• Goldman Says $40 Oil Call May Be Too Low as Demand Surprises
As this daily news periodical is free for you, we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
African Energy Project Development Challenges Power Gen Africa 092012ronmiller74
This document summarizes the key challenges for developing African energy projects. It discusses Newmont Mining Corporation's overview, Africa's growing energy demand, challenges in assessing domestic energy resources, improving transmission infrastructure, financing projects, gaining government support, developing necessary non-transmission infrastructure, and ensuring an adequate local labor supply. The document concludes there are opportunities to better attract investment by improving policy frameworks, encouraging independent power producers, securing private sector offtakers, improving transmission grids, developing abundant energy sources at larger scale, and limiting imports of expensive liquid fuels.
New base 23 december 2019 energy news issue 1304 by khaled al awadi -compr...Khaled Al Awadi
Greetings,
Pleased to be able to share with you our latest energy news via NewBase Energy News 23 December 2019 - Issue No. 1304 Senior Editor Eng. Khaled Al Awadi .
Please share as you wish.
Regards
Khaled Al Awadi
Your Energy ConsultantGreetings,
Pleased to be able to share with you our latest energy news via NewBase Energy News 23 December 2019 - Issue No. 1304 Senior Editor Eng. Khaled Al Awadi .
Please share as you wish.
Regards
Khaled Al Awadi
Your Energy ConsultantGreetings,
Pleased to be able to share with you our latest energy news via NewBase Energy News 23 December 2019 - Issue No. 1304 Senior Editor Eng. Khaled Al Awadi .
Please share as you wish.
Regards
Khaled Al Awadi
Your Energy Consultant
New base 1033 special 23 may 2017 energy newsKhaled Al Awadi
The UAE Minister of Energy headed a delegation to Indonesia to strengthen bilateral economic ties. During meetings with Indonesian President Joko Widodo, they discussed opportunities for cooperation in fields like electricity, infrastructure, ports, and renewable energy. They also discussed several bilateral economic issues and reviewed mechanisms for expanding regional cooperation and trade between the two countries. Oman announced plans to issue a Request for Proposals for its first large-scale solar independent power project, as well as new gas and water projects, to meet growing electricity and water demand in the country. Iraq's SOMO oil marketer is considering joint ventures in oil shipping and storage, similar to a new trading venture set up with Russia's Litasco.
Missing Strategic Links - Gawadar Port CPEC, Maritime Industry and Offshore E...mimariner
1) The document discusses Pakistan's energy crisis and lack of strategic planning around developing offshore oil and gas resources, as well as maritime industries.
2) It notes that while Pakistan has over 1,000 km of coastline and extensive offshore territory, these areas have been largely ignored for oil and gas exploration.
3) The author argues that maximizing development of offshore resources and maritime industries could provide billions of dollars for Pakistan's economy and thousands of new jobs.
Saudi Arabia's Sabic has received approval to export liquefied natural gas from the US to the UK. Sabic plans to invest in US shale gas and is converting a plant in England to process US shale gas. Kuwait's KNPC plans to invest $40 billion by 2022 on projects including a new refinery and clean fuels project. Global energy demand is projected to rise 37% by 2040, with growth concentrated in Asia, Africa, and Latin America rather than developed nations. GCC petrochemical revenues hit $89.4 billion in 2013, a 7.3% increase from 2012. Saudi Aramco plans to nearly double the capacity of a planned gas plant in Fadhili to 2.5
NewBase April 04-2022 Energy News issue - 1501 by Khaled Al Awadi.pdfKhaled Al Awadi
- The US is ordering the largest release from its strategic petroleum reserves in history, releasing 1 million barrels per day for 6 months, totaling over 180 million barrels. This is intended to help lower gas prices.
- The release comes as OPEC and allies confirmed they will stick to gradual production increases. Some US oil companies have been reluctant to increase production due to high profits from high oil prices.
- The release is part of Biden's two-part plan to provide immediate relief through reserves while also pushing long-term energy independence through clean energy.
Microsoft word new base 994 special 02 february 2017 energy newsKhaled Al Awadi
Greetings,
Attached FYI (NewBase 02 February 2017 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In today’s issue you will find news about:-
Ne base 07 march 2018 energy news issue 1148 by khaled al awadiKhaled Al Awadi
Middle East countries plan to significantly increase their nuclear power capacity between 2018 and 2028 to enhance energy security and meet rising electricity demand. The United Arab Emirates will lead this growth by installing 5.4 GW of nuclear capacity by 2020. Other Middle East countries also pursuing new nuclear projects include Iran, Turkey, Saudi Arabia, and Jordan. OPEC leaders will meet with US shale producers in Houston to discuss factors affecting global oil prices, but infrastructure bottlenecks and trade tensions threaten to limit the benefits American drillers gain from their growing influence. The UAE solar startup Pawame has raised $2 million in seed funding led by Gulf investors to expand its off-grid solar home system business in Kenya and other African markets.
2019 Election| LNG| Natural Resources| Canada| August 2019paul young cpa, cga
Canada is one of the top exporters of Natural Gas
Canada lacks the LNG capacity to expand LNG exports
United States continues to expand its export market for its LNG - https://www.forbes.com/sites/judeclemente/2018/08/05/despite-trade-war-u-s-natural-gas-exports-booming-to-record-highs/#173faff614ea
Canada regulatory process will get messier if bill C-69 becomes law - https://www.bnnbloomberg.ca/video/what-bill-c-69-means-for-industry~1483271
New base 1185 special 09 july 2018 energy news 22Khaled Al Awadi
CNPC and ADNOC are expected to sign a preliminary deal this month to invest in oil and gas exploration and refining in the UAE. The deal would see CNPC invest in both upstream and downstream segments. Separately, power losses have reduced in Oman's electricity grids due to improvements, saving the sector millions of riyals. Dewa plans to award $3 billion in contracts over 3 years for new substations to support Dubai's growing energy needs.
New base 11 may 2021 energy news issue 1431 by khaled al awadiKhaled Al Awadi
NewBase 11 May 2021 Energy News issue - 1431 by Khaled Al Awadi
NewBase 11 May 2021 Energy News issue - 1431 by Khaled Al Awadi
NewBase 11 May 2021 Energy News issue - 1431 by Khaled Al Awadi
Greetings,
Attached FYI ( NewBase Special 10 April March 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• UAE: Masdar passes halfway stage on Moroccan solar project to cover 940 villages
• Oman: US Based Capstone Secures Oman Flare Gas Project Deal
• Qatar crude oil production rises to 692,000 bpd in February
• Indonesia 1Q crude output climbs on Exxon's Cepu field boost
• Tunisia: Independent Resources increases interest in Ksar Hadada permit onshore
• India: Oilex announces start of gas production from Bhandut field, onshore Gujarat
• India is becoming new China in energy world
• US oil surges to $39.72, up about 8 pct for week
• Oil price of $60 ‘probably within range’ in medium term
• Russian Energy Minister Says Hopes for Output Deal at Doha
• Baker Hughes: U.S. Drillers Cut Rigs for 3rd Week
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2
New base 01 november 2017 energy news issue 1094 by khaled al awadi-compre...Khaled Al Awadi
The UAE has established Khalifa University as a new IAEA Collaborating Centre to offer training on nuclear power infrastructure development. The agreement will enable professionals from other countries pursuing nuclear power to benefit from the UAE's experience in developing regulatory frameworks and building nuclear plants. Khalifa University will develop specialized training courses and fellowships in areas like safety, security and stakeholder involvement. Separately, the IMF reported that Saudi Arabia has the largest reduction in the oil price needed to balance its budget, dropping from $96.60/barrel in 2016 to a projected $70/barrel in 2018. Saudi Arabia has also taken initial steps towards a nuclear power program by sending a request for information to international suppliers to build two nuclear
The document provides an overview of renewable energy markets and development in several Middle Eastern and North African countries. For Saudi Arabia specifically, it notes that the country has ambitious targets to install 54GW of renewable energy by 2032 in order to reduce domestic oil consumption and free up oil for exports. Saudi Arabia is establishing competitive procurement processes to develop utility-scale renewable energy projects for the first time. However, many questions remain around how the country will implement and regulate its plans to transition to renewable sources of energy.
New base energy news issue 860 dated 29 may 2016Khaled Al Awadi
Greetings,
Attached FYI ( NewBase Special 26 May 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In today’s issue you will find news about:-
• UAE: DEWA to boost ties with Russian energy, environment, water and green-building businesses
• UAE: US firm Epic Piping to open Abu Dhabi plant
• Cyprus expects third offshore gas licensing round to conclude in early 2017
• Mozambique: Sasol begins Mozambique development drilling
• Industrial and electric power sectors drive projected growth in U.S. natural gas use
• Oil slips for 2nd day as $50 level sparks new output fears
• U.S. oil drillers cut rigs despite price recovery: Baker Hughes
• Battle Inside OPEC Eases as Saudi Oil Strategy Finally Pays Off
• Aramco plans to expand upstream and downstream market share
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-….
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
New base energy news 10 october 2020 issue no. 1380 senior editor eng...Khaled Al Awadi
Greetings
Pleased to share with you the latest energy news from NewBase Energy News 10 October 2020 - Issue No. 1380
Senior Editor Eng. Khaled Al AwadiGreetings
Pleased to share with you the latest energy news from NewBase Energy News 10 October 2020 - Issue No. 1380
Senior Editor Eng. Khaled Al Awadi
This document discusses India's energy scenario in the year 2020. It analyzes India's primary energy resources and their development over time. Coal is India's most abundant resource but reserves are limited. The document also examines India's energy supply infrastructure including electricity generation and oil refining. Three scenarios for India's energy demand in 2020 are considered: Business as Usual, Efficiency-Oriented, and Environmentally Constrained. The methodology for projecting long-term energy demand under each scenario is also described.
The document discusses renewable energy in India. It notes that India is experiencing rapid population growth and rising energy demand that existing producers are struggling to meet. While renewable energy could help address this, substantial progress has been limited by issues like deficiencies in policy and planning. However, factors like falling technology costs and efficiency gains may help boost renewables. It also provides statistics on India's current energy production and consumption levels as well as projections for 2020, noting plans to significantly increase renewable energy capacity.
The document summarizes key findings from an Accenture analysis of how demand for different energy sources may change between now and 2035. It identifies five portfolio plays that could help oil and gas companies succeed in the changing energy landscape: 1) Growing natural gas demand, especially in Asia. 2) Producing oil at the lowest possible cost. 3) Developing carbon capture and industrial efficiency technologies. 4) Producing "blue" hydrogen from natural gas with carbon capture. 5) Winning in biofuels and low-carbon products like bio-lubricants. The analysis projects continued overall energy demand growth but significant changes in the fuel mix across regions and sectors.
The document summarizes media coverage of Ecotech Institute from April 2010 to June 2010. There were numerous newspaper articles from local publications like The Aurora Sentinel announcing the opening of Ecotech Institute, a new school focused on renewable energy careers. The articles discussed Ecotech Institute's programs and goals of training students for in-demand green jobs. Experts were quoted saying the wind energy sector is expected to grow significantly and will require skilled technicians, creating many job opportunities for graduates of Ecotech Institute.
The global renewable energy market has grown rapidly over the past few years. Driven by improving sector dynamics, renewable energy witnessing emergence of newer investment options in the capital markets segment.
The document discusses private investment opportunities in Middle East infrastructure projects. Key points include:
- Middle Eastern governments are increasingly pursuing public-private partnerships (PPPs) to develop infrastructure due to large capital needs and rising project costs.
- Examples of current PPP projects in the region include a Saudi airport expansion, Dubai metro system, and an Oman desalination plant.
- Private investors see opportunities in water, transportation, and energy infrastructure. Governments are establishing frameworks and incentives to attract more private investment through PPPs and Islamic finance structures.
This document summarizes the key challenges related to climate change and energy development globally and for Denmark. The two main global concerns are energy security and climate change. Climate change is widely recognized as a major problem, and the IPCC states that limiting global warming will require significant reductions in greenhouse gas emissions. The challenges vary significantly for different regions and countries based on their level of development. Denmark has potential for large reductions in carbon emissions through strategies targeting both energy demand and supply, including renewable energy and energy efficiency. International collaboration is needed to support low-carbon development globally.
IHS Report: Energy and the New Global Industrial Landscape: A Tectonic ShiftMarcellus Drilling News
The executive summary of a new IHS report on how shale gas and tight oil (i.e., unconventional energy) is changing the U.S. and the world. In 2012 alone, unconventionals created 1.7 million jobs and generated $62 billion in new federal and state revenue. The new study was released at the World Economic Forum in Davos, Switzerland in Jan. 2013.
ScottMadden Energy Industry Update February 2011kvongunten
In this the February 2011 issue: The ScottMadden Energy Industry Update looks at at how utilities plan to grow in the “New Normal” economy. In the wake of a slowly improving economy, a change of political control of the U.S. House of Representatives, and tightening environmental requirements, the energy industry is looking at ways to expand business opportunities while keeping a rein on escalating costs. In this issue, we reflect upon the aspirations of energy and utility companies for growth in a “New Normal” economic environment.
Power industry blackout risk alert on the risegaryswandells
The document summarizes the findings of PwC's 12th Global Power & Utilities report on the electricity industry. It finds that while gas generation will increase, it will not be a "game changer" and the industry's fuel mix is still expected to fall short of climate change goals by 2030. The risk of blackouts is predicted to rise in Europe and North America due to concerns over affordability, efficiency and meeting energy demands through policy. Fuel poverty is also expected to increase significantly in many regions over the next 20 years. While renewables like wind and solar are seen becoming competitive without subsidies by 2030, the infrastructure required for electric vehicles is viewed as a major challenge.
1) Jamaica relies heavily on oil for electricity production, accounting for about 90% of generation. In response, Jamaica has initiated a fuel diversification program to reduce dependence on oil and stabilize electricity prices.
2) World energy trends show oil, coal, and natural gas will remain dominant fuels for electricity through 2030, with increasingly high prices. Natural gas is projected to have the highest price after oil, but poses fewer environmental concerns than coal.
3) For Jamaica, natural gas represents an attractive alternative fuel option due to projected high oil prices and environmental issues with coal. However, economic use of natural gas depends on factors like transportation methods and regulatory frameworks addressing safety and environmental impacts.
The document discusses the digital future of the oil and gas industry. It notes that the industry faces challenges from lower oil prices, aging infrastructure and workforces, and increased environmental scrutiny. However, the long term demand for energy is still expected to rise significantly due to global population and economic growth. The document argues that the industry can overcome these challenges through increased digitization and use of industrial internet/IoT solutions. These solutions can optimize asset performance, reduce downtime and costs, improve safety and efficiency, and capture institutional knowledge as workforces age. Overall, increased digitization is presented as a key way for the industry to navigate current challenges and meet rising long term energy demand.
The future of human civilization is slowly but surely moving towards renewable energy.The increase of renewable energy’s share in total installed energy capacity was evident in most
geographies in 2013. The growth of renewables was noticeable across Asia, Latin America, the
Middle East and Africa, with new investment in all technologies.Globally, the most
significant growth occurred in the power sector, with global capacity exceeding 1,560 gigawatts
(GW), up more than 8 percent over 2012. Hydropower rose by 4 percent to approximately 1,000
GW, and other renewables collectively grew nearly 17 percent to more than 560 GW.
The governments of several countries are focusing on policy framework to create a congenial
environment for the growth of the renewable energy market.
New base energy news 16 august 2018 no 1195 by khaled al awadi-compressedKhaled Al Awadi
NewBase Energy News16 August 2018 - Issue No. 1195 Senior Editor Eng. Khaled Al Awadi
Containing the latest energy news for you and your team, please feel free to share with all
- An Abu Dhabi firm will lead a consortium to build Egypt's first coal-fired power plant, providing nearly 4,000 MW of electricity. The plant will be built in the Suez area and source coal from international markets.
- The IEA says that while the Middle East could provide up to 58% of its energy from solar by 2050 due to its solar resources, the region is not on track to meet even its medium-term solar goals due to a lack of political will and clear roadmaps for development.
- OPEC oil production hit its highest level since 2012 in September, reaching 30.96 million bpd, driven higher by increased output from Libya, Saudi Arabia,
This document discusses how the oil and gas industry will be transformed by the COVID-19 pandemic and ongoing decarbonization efforts. It outlines four potential post-pandemic scenarios for the industry: 1) "Back to Normal" with a quick economic recovery and no climate progress; 2) "Stagnation" with weak demand and continued renewable adoption; 3) "Severe Injury" with slow recovery, demand destruction, and oversupply; and 4) "New Normal" with moderate recovery and climate policies slowing demand. It analyzes how different industry players like international oil companies, national oil companies, refiners, and oilfield services will be impacted under these scenarios.
Offshore Wind Energy Installed Capacity to Reach 52,120.9 MW by 2022 collinsR1
The growing focus on renewable energy and the advantages offered by offshore wind energy over its onshore counterpart have led to greater installations of offshore wind energy. Favourable regulatory framework, incentives, and investments by key market players have further supported the market’s growth. The global installed capacity in the offshore wind energy market is anticipated to expand at a CAGR of 25% during the period between 2014 and 2022 to reach 52,120.9 MW by 2022.
How is the offshore wind energy market in Europe shaping up?
In Europe, countries such as the U.K., France, Germany, Netherlands, and Denmark are the pioneers in the offshore wind energy market and hence, Europe is the largest market for offshore wind energy. In 2013, the region reported 1,567 MW of new capacity additions in the offshore wind energy market. Germany holds about 30% of the consented offshore wind farms in Europe and has emerged as one of the leading offshore wind energy markets.
Offshore Wind Energy Market Trends and Forecast 2014 - 2022collinsR1
According to a recent market research report published by Transparency Market Research, the installed capacity in the global offshore wind energy market is expected to increase at a CAGR of 25.0% during the period between 2014 and 2022. The report, titled “Offshore Wind Energy Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2022,” projects the annual installations in the global offshore wind energy market to reach 7,228 MW by 2022.
Complete Report Offshore Wind Energy Market with TOC : http://www.transparencymarketresearch.com/offshore-wind-energy-market.html
Similar to IBM Oil| Management Solutions for the Liquefied Natural Gas Industry (20)
Essentials of Automations: The Art of Triggers and Actions in FMESafe Software
In this second installment of our Essentials of Automations webinar series, we’ll explore the landscape of triggers and actions, guiding you through the nuances of authoring and adapting workspaces for seamless automations. Gain an understanding of the full spectrum of triggers and actions available in FME, empowering you to enhance your workspaces for efficient automation.
We’ll kick things off by showcasing the most commonly used event-based triggers, introducing you to various automation workflows like manual triggers, schedules, directory watchers, and more. Plus, see how these elements play out in real scenarios.
Whether you’re tweaking your current setup or building from the ground up, this session will arm you with the tools and insights needed to transform your FME usage into a powerhouse of productivity. Join us to discover effective strategies that simplify complex processes, enhancing your productivity and transforming your data management practices with FME. Let’s turn complexity into clarity and make your workspaces work wonders!
Unlocking Productivity: Leveraging the Potential of Copilot in Microsoft 365, a presentation by Christoforos Vlachos, Senior Solutions Manager – Modern Workplace, Uni Systems
Infrastructure Challenges in Scaling RAG with Custom AI modelsZilliz
Building Retrieval-Augmented Generation (RAG) systems with open-source and custom AI models is a complex task. This talk explores the challenges in productionizing RAG systems, including retrieval performance, response synthesis, and evaluation. We’ll discuss how to leverage open-source models like text embeddings, language models, and custom fine-tuned models to enhance RAG performance. Additionally, we’ll cover how BentoML can help orchestrate and scale these AI components efficiently, ensuring seamless deployment and management of RAG systems in the cloud.
HCL Notes and Domino License Cost Reduction in the World of DLAUpanagenda
Webinar Recording: https://www.panagenda.com/webinars/hcl-notes-and-domino-license-cost-reduction-in-the-world-of-dlau/
The introduction of DLAU and the CCB & CCX licensing model caused quite a stir in the HCL community. As a Notes and Domino customer, you may have faced challenges with unexpected user counts and license costs. You probably have questions on how this new licensing approach works and how to benefit from it. Most importantly, you likely have budget constraints and want to save money where possible. Don’t worry, we can help with all of this!
We’ll show you how to fix common misconfigurations that cause higher-than-expected user counts, and how to identify accounts which you can deactivate to save money. There are also frequent patterns that can cause unnecessary cost, like using a person document instead of a mail-in for shared mailboxes. We’ll provide examples and solutions for those as well. And naturally we’ll explain the new licensing model.
Join HCL Ambassador Marc Thomas in this webinar with a special guest appearance from Franz Walder. It will give you the tools and know-how to stay on top of what is going on with Domino licensing. You will be able lower your cost through an optimized configuration and keep it low going forward.
These topics will be covered
- Reducing license cost by finding and fixing misconfigurations and superfluous accounts
- How do CCB and CCX licenses really work?
- Understanding the DLAU tool and how to best utilize it
- Tips for common problem areas, like team mailboxes, functional/test users, etc
- Practical examples and best practices to implement right away
Driving Business Innovation: Latest Generative AI Advancements & Success StorySafe Software
Are you ready to revolutionize how you handle data? Join us for a webinar where we’ll bring you up to speed with the latest advancements in Generative AI technology and discover how leveraging FME with tools from giants like Google Gemini, Amazon, and Microsoft OpenAI can supercharge your workflow efficiency.
During the hour, we’ll take you through:
Guest Speaker Segment with Hannah Barrington: Dive into the world of dynamic real estate marketing with Hannah, the Marketing Manager at Workspace Group. Hear firsthand how their team generates engaging descriptions for thousands of office units by integrating diverse data sources—from PDF floorplans to web pages—using FME transformers, like OpenAIVisionConnector and AnthropicVisionConnector. This use case will show you how GenAI can streamline content creation for marketing across the board.
Ollama Use Case: Learn how Scenario Specialist Dmitri Bagh has utilized Ollama within FME to input data, create custom models, and enhance security protocols. This segment will include demos to illustrate the full capabilities of FME in AI-driven processes.
Custom AI Models: Discover how to leverage FME to build personalized AI models using your data. Whether it’s populating a model with local data for added security or integrating public AI tools, find out how FME facilitates a versatile and secure approach to AI.
We’ll wrap up with a live Q&A session where you can engage with our experts on your specific use cases, and learn more about optimizing your data workflows with AI.
This webinar is ideal for professionals seeking to harness the power of AI within their data management systems while ensuring high levels of customization and security. Whether you're a novice or an expert, gain actionable insights and strategies to elevate your data processes. Join us to see how FME and AI can revolutionize how you work with data!
TrustArc Webinar - 2024 Global Privacy SurveyTrustArc
How does your privacy program stack up against your peers? What challenges are privacy teams tackling and prioritizing in 2024?
In the fifth annual Global Privacy Benchmarks Survey, we asked over 1,800 global privacy professionals and business executives to share their perspectives on the current state of privacy inside and outside of their organizations. This year’s report focused on emerging areas of importance for privacy and compliance professionals, including considerations and implications of Artificial Intelligence (AI) technologies, building brand trust, and different approaches for achieving higher privacy competence scores.
See how organizational priorities and strategic approaches to data security and privacy are evolving around the globe.
This webinar will review:
- The top 10 privacy insights from the fifth annual Global Privacy Benchmarks Survey
- The top challenges for privacy leaders, practitioners, and organizations in 2024
- Key themes to consider in developing and maintaining your privacy program
Removing Uninteresting Bytes in Software FuzzingAftab Hussain
Imagine a world where software fuzzing, the process of mutating bytes in test seeds to uncover hidden and erroneous program behaviors, becomes faster and more effective. A lot depends on the initial seeds, which can significantly dictate the trajectory of a fuzzing campaign, particularly in terms of how long it takes to uncover interesting behaviour in your code. We introduce DIAR, a technique designed to speedup fuzzing campaigns by pinpointing and eliminating those uninteresting bytes in the seeds. Picture this: instead of wasting valuable resources on meaningless mutations in large, bloated seeds, DIAR removes the unnecessary bytes, streamlining the entire process.
In this work, we equipped AFL, a popular fuzzer, with DIAR and examined two critical Linux libraries -- Libxml's xmllint, a tool for parsing xml documents, and Binutil's readelf, an essential debugging and security analysis command-line tool used to display detailed information about ELF (Executable and Linkable Format). Our preliminary results show that AFL+DIAR does not only discover new paths more quickly but also achieves higher coverage overall. This work thus showcases how starting with lean and optimized seeds can lead to faster, more comprehensive fuzzing campaigns -- and DIAR helps you find such seeds.
- These are slides of the talk given at IEEE International Conference on Software Testing Verification and Validation Workshop, ICSTW 2022.
UiPath Test Automation using UiPath Test Suite series, part 5DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 5. In this session, we will cover CI/CD with devops.
Topics covered:
CI/CD with in UiPath
End-to-end overview of CI/CD pipeline with Azure devops
Speaker:
Lyndsey Byblow, Test Suite Sales Engineer @ UiPath, Inc.
UiPath Test Automation using UiPath Test Suite series, part 6DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 6. In this session, we will cover Test Automation with generative AI and Open AI.
UiPath Test Automation with generative AI and Open AI webinar offers an in-depth exploration of leveraging cutting-edge technologies for test automation within the UiPath platform. Attendees will delve into the integration of generative AI, a test automation solution, with Open AI advanced natural language processing capabilities.
Throughout the session, participants will discover how this synergy empowers testers to automate repetitive tasks, enhance testing accuracy, and expedite the software testing life cycle. Topics covered include the seamless integration process, practical use cases, and the benefits of harnessing AI-driven automation for UiPath testing initiatives. By attending this webinar, testers, and automation professionals can gain valuable insights into harnessing the power of AI to optimize their test automation workflows within the UiPath ecosystem, ultimately driving efficiency and quality in software development processes.
What will you get from this session?
1. Insights into integrating generative AI.
2. Understanding how this integration enhances test automation within the UiPath platform
3. Practical demonstrations
4. Exploration of real-world use cases illustrating the benefits of AI-driven test automation for UiPath
Topics covered:
What is generative AI
Test Automation with generative AI and Open AI.
UiPath integration with generative AI
Speaker:
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
Pushing the limits of ePRTC: 100ns holdover for 100 daysAdtran
At WSTS 2024, Alon Stern explored the topic of parametric holdover and explained how recent research findings can be implemented in real-world PNT networks to achieve 100 nanoseconds of accuracy for up to 100 days.
AI 101: An Introduction to the Basics and Impact of Artificial IntelligenceIndexBug
Imagine a world where machines not only perform tasks but also learn, adapt, and make decisions. This is the promise of Artificial Intelligence (AI), a technology that's not just enhancing our lives but revolutionizing entire industries.
Dr. Sean Tan, Head of Data Science, Changi Airport Group
Discover how Changi Airport Group (CAG) leverages graph technologies and generative AI to revolutionize their search capabilities. This session delves into the unique search needs of CAG’s diverse passengers and customers, showcasing how graph data structures enhance the accuracy and relevance of AI-generated search results, mitigating the risk of “hallucinations” and improving the overall customer journey.
Building Production Ready Search Pipelines with Spark and MilvusZilliz
Spark is the widely used ETL tool for processing, indexing and ingesting data to serving stack for search. Milvus is the production-ready open-source vector database. In this talk we will show how to use Spark to process unstructured data to extract vector representations, and push the vectors to Milvus vector database for search serving.
Programming Foundation Models with DSPy - Meetup SlidesZilliz
Prompting language models is hard, while programming language models is easy. In this talk, I will discuss the state-of-the-art framework DSPy for programming foundation models with its powerful optimizers and runtime constraint system.
HCL Notes und Domino Lizenzkostenreduzierung in der Welt von DLAUpanagenda
Webinar Recording: https://www.panagenda.com/webinars/hcl-notes-und-domino-lizenzkostenreduzierung-in-der-welt-von-dlau/
DLAU und die Lizenzen nach dem CCB- und CCX-Modell sind für viele in der HCL-Community seit letztem Jahr ein heißes Thema. Als Notes- oder Domino-Kunde haben Sie vielleicht mit unerwartet hohen Benutzerzahlen und Lizenzgebühren zu kämpfen. Sie fragen sich vielleicht, wie diese neue Art der Lizenzierung funktioniert und welchen Nutzen sie Ihnen bringt. Vor allem wollen Sie sicherlich Ihr Budget einhalten und Kosten sparen, wo immer möglich. Das verstehen wir und wir möchten Ihnen dabei helfen!
Wir erklären Ihnen, wie Sie häufige Konfigurationsprobleme lösen können, die dazu führen können, dass mehr Benutzer gezählt werden als nötig, und wie Sie überflüssige oder ungenutzte Konten identifizieren und entfernen können, um Geld zu sparen. Es gibt auch einige Ansätze, die zu unnötigen Ausgaben führen können, z. B. wenn ein Personendokument anstelle eines Mail-Ins für geteilte Mailboxen verwendet wird. Wir zeigen Ihnen solche Fälle und deren Lösungen. Und natürlich erklären wir Ihnen das neue Lizenzmodell.
Nehmen Sie an diesem Webinar teil, bei dem HCL-Ambassador Marc Thomas und Gastredner Franz Walder Ihnen diese neue Welt näherbringen. Es vermittelt Ihnen die Tools und das Know-how, um den Überblick zu bewahren. Sie werden in der Lage sein, Ihre Kosten durch eine optimierte Domino-Konfiguration zu reduzieren und auch in Zukunft gering zu halten.
Diese Themen werden behandelt
- Reduzierung der Lizenzkosten durch Auffinden und Beheben von Fehlkonfigurationen und überflüssigen Konten
- Wie funktionieren CCB- und CCX-Lizenzen wirklich?
- Verstehen des DLAU-Tools und wie man es am besten nutzt
- Tipps für häufige Problembereiche, wie z. B. Team-Postfächer, Funktions-/Testbenutzer usw.
- Praxisbeispiele und Best Practices zum sofortigen Umsetzen
Why You Should Replace Windows 11 with Nitrux Linux 3.5.0 for enhanced perfor...SOFTTECHHUB
The choice of an operating system plays a pivotal role in shaping our computing experience. For decades, Microsoft's Windows has dominated the market, offering a familiar and widely adopted platform for personal and professional use. However, as technological advancements continue to push the boundaries of innovation, alternative operating systems have emerged, challenging the status quo and offering users a fresh perspective on computing.
One such alternative that has garnered significant attention and acclaim is Nitrux Linux 3.5.0, a sleek, powerful, and user-friendly Linux distribution that promises to redefine the way we interact with our devices. With its focus on performance, security, and customization, Nitrux Linux presents a compelling case for those seeking to break free from the constraints of proprietary software and embrace the freedom and flexibility of open-source computing.
Unlock the Future of Search with MongoDB Atlas_ Vector Search Unleashed.pdfMalak Abu Hammad
Discover how MongoDB Atlas and vector search technology can revolutionize your application's search capabilities. This comprehensive presentation covers:
* What is Vector Search?
* Importance and benefits of vector search
* Practical use cases across various industries
* Step-by-step implementation guide
* Live demos with code snippets
* Enhancing LLM capabilities with vector search
* Best practices and optimization strategies
Perfect for developers, AI enthusiasts, and tech leaders. Learn how to leverage MongoDB Atlas to deliver highly relevant, context-aware search results, transforming your data retrieval process. Stay ahead in tech innovation and maximize the potential of your applications.
#MongoDB #VectorSearch #AI #SemanticSearch #TechInnovation #DataScience #LLM #MachineLearning #SearchTechnology
Unlock the Future of Search with MongoDB Atlas_ Vector Search Unleashed.pdf
IBM Oil| Management Solutions for the Liquefied Natural Gas Industry
1. IBM Global Business Services
IBM Institute for Business Value
Chemicals and
Petroleum
A high-stakes
race against
time
Are investors prepared
to capture the liquefied
natural gas opportunity
that emerges from the
recession?
2. IBM Institute for Business Value
IBM Global Business Services, through the IBM Institute for Business Value,
develops fact-based strategic insights for senior business executives around critical
industry-specific and cross-industry issues. This executive brief is based on an
in-depth study by the Institute’s research team. It is part of an ongoing commitment
by IBM Global Business Services to provide analysis and viewpoints that help
companies realize business value. You may contact the authors or send an e-mail to
iibv@us.ibm.com for more information.
3. A high-stakes race against time
Are investors prepared to capture the liquefied natural gas opportunity that
emerges from the recession?
By Steve Edwards, David Haake and Omar Ishaq
Despite the current global financial crisis, which has led to a fall in energy
demand and prices, the market for liquefied natural gas is expected to regain
its steep growth trajectory in the mid and long terms, spurred by anticipated
increases in demand, particularly in emerging markets. In this update to our
2007 study, we find the exact extent of this surge in demand and related
investments in infrastructure is difficult to project, however, given complex risk
management issues, volatility of natural gas prices and availability of competing
fuels. To capitalize on opportunity when it arises, investors must be prepared to
mobilize quickly and establish flexible business and operational models for an
unpredictable, high-stakes future.
The liquefied natural gas (LNG) industry has Indeed, from 2006-2015, the global market for
developed slowly over the last half century LNG is expected to increase by 70 percent
2
because, in most heavy-consuming nations, and more than triple by 2030. Not surprisingly,
the domestic energy supply has been suffi- investors are anxious to grab their share of this
cient to meet demand. However, as energy opportunity.
consumption has continued to increase
around the world (most dramatically in The rise in energy demand led to a peak in
emerging nations), it has become more diffi energy prices around mid-2008, followed
cult for many nations to satisfy their energy by a recession-generated steep decline. As
needs locally. Complicating the situation the short-term impact of the global reces
further, more than a third of the world’s natural sion subsides, however, natural gas prices
gas reserves are located in low-consumption are expected to stabilize again through
countries, far from where energy demand is 2011 and then increase for the foreseeable
3
1
highest. Increasingly, nations are turning to the future. These higher gas prices will make
mobility and flexibility of LNG to resolve these
it economically feasible for businesses and
imbalances.
1 A high-stakes race against time
4. nations to again invest in LNG. The cumulative the fact that modern renewable technologies
2007-2030 investment in gas supply infra may well overtake gas to become the second-
structure is expected to be US$ 5.5 trillion (in largest source of electricity, behind coal, soon
4 6
2007 dollars). Out of this, US$440 billion is after 2010.
expected to be made specifically in LNG infra
structure.
5 The question is: will investors be able to scale
their LNG infrastructure quickly enough to
However, the same high prices that spur capitalize on this bubble of opportunity? And
frenzied investment in LNG could eventu equally important, how can they make their
ally become detrimental to the industry. The businesses flexible enough to withstand the
International Energy Agency forecasts suggest cyclic nature of this industry?
that high natural gas prices may prompt
consumers to turn to other fuels, reflected in
22 IBM Global Business Services
IBM Global Business Services
5. A high-stakes race against time
Are investors prepared to capture the liquefied natural gas opportunity that
emerges from the recession?
Because of its LNG: The opportunity… regional natural gas trade will rise from 52
11
Driven by population and economic growth, percent in 2006 to 69 percent in 2030.
“mobility,” LNG will
global primary energy demand is expected
play a critical role Not surprisingly, investors are anxious to
to increase by 45 percent between 2006 and
in satisfying rising 2030, with 87 percent of projected growth
capture their share of this revenue oppor
energy demand around 7 tunity. Many were rushing to establish the
coming from non-OECD countries. As a
infrastructure necessary to capitalize on this
the world. But global result, their share of world primary energy
upswing in LNG demand before the reces
economic conditions are demand is expected to rise from 51 percent
8 sion shocked the world energy market, halting
to 62 percent. China and India are expected
forcing a re-evaluation a great number of these projects (see Figure
to account for 51 percent of incremental world
of investment priorities. 9 1). The industry was considering proposals to
primary energy demand in 2006-2030. Even
more than double the world’s 2008 regasifica
established nations such as the United States
tion (regas) capacity by 2013, with more than
are likely to see energy use rise by more than
10 100 new plants under planning or construc
11 percent between 2007 and 2030. 12
tion globally. On the production side, 30
Most of the world’s known gas reserves are new liquefaction plants were in some stage
concentrated in just a few regions – far from of planning or construction to start operation
13
where energy is needed most – and so LNG, by 2013. Investors are no doubt urgently
as a means of delivery, has become a more re-evaluating their portfolio of LNG invest
attractive alternative in recent years. Industry ments, trying to decide which to reactivate,
analysts anticipate LNG’s share of inter- which to mothball and which to accelerate
going forward.
FIGURE 1.
An investment of US$440 billion is expected over 2007-2030 in expansion of LNG infrastructure.
30 new liquefaction
plants planned or under
construction to start by 2013
Pipeline
Doubling globally
by 2013
Point of
Production Processing and export consumption
Transport LNG Import and regas
Source: “World Energy Outlook 2008,” International Energy Agency; “Natural Gas Market Review 2008,” International Energy Agency.
3 A high-stakes race against time
6. …and the unpredictability Often, governmental control of the supply of
Yet, the demand for LNG – perhaps more than natural gas is used as political leverage on the
other energy sources – is characterized by world stage. Complicating the situation further,
unpredictability. There are inherent uncertain many of the particularly gas-rich areas of the
ties in any industry based on constrained world are fraught with political instability. The
natural resources. New natural gas sources facilities and infrastructure that produce and
are increasingly difficult and expensive to find transport LNG are prime targets for terrorism.
and develop, more and more remote, and In some cases labor strife, trade embargoes –
production volumes are harder to anticipate and even piracy – threaten LNG shipments.
and realize.
The most volatile factor influencing demand
Geopolitical issues also aggravate the for LNG is alternative fuel prices. LNG is inher
economics of LNG supply and demand. ently caught up in a tug-of-war between the
Most nations strive for energy self-sufficiency, price of natural gas and that of oil, with coal
but for many, this desire for independence emerging to dominate in the not-too-distant
is outpaced by GDP growth and its corre future. Lower natural gas prices tend to raise
sponding energy demands (see Figure 2). overall demand for gas. The price must also
FIGURE 2.
Most economies are becoming increasingly energy dependent.
125%
100%
Australia
75% Vietnam
Total energy independence
50%
Venezuela
25%
Independence Argentina
0% New Zealand
Dependence UK China
-25% Brazil
Netherlands
-50% France U.S. India
Czech Republic
Germany
-75% Finland
Italy Japan Israel Turkey 2010 GDP
-100%
2005 GDP
-125%
0% 1% 2% 3% 4% 5% 6% 7% 8% 9%
2010 GDP growth
Notes: The size of the two bubbles for each nation represent the size of the country’s gross domestic product in 2005 as compared to 2010. The
position of the bubbles represent their energy independence in those same two years. The energy independence percentage is calculated as the
amount of domestic production in excess of consumption divided by overall consumption. A positive value indicates a measure of independence,
while a negative value represents the degree of dependence on energy imports.
Sources: IBM Corporate Economics analysis; “Annual Energy Outlook 2006,” U.S. Department of Energy, Energy Information Administration.
4 IBM Global Business Services
7. LNG must contend remain high enough to support the higher remained tight overall), LNG shipments to the
costs of LNG delivery, but not increase too United States plummeted, as domestic gas
with the uncertainty
much or consumers will switch to alternative proved a cheaper alternative.
of constrained
fuels. The threat of substitution is substantial:
natural resources, nearly 20 percent of today’s current natural For LNG, this competition among fuels creates
geopolitical issues gas usage in the United States can be easily a window of opportunity. But the extent and
duration of this opportunity are difficult to
and, most of all, fuel switched to other fuels (primarily through dual-
fired power plants that can use either coal or project precisely. The International Energy
prices, making the Agency predicts that high natural gas prices
gas).14
precise window of would ultimately lead to a shift in demand
opportunity difficult As the most “mobile” form of natural gas towards coal. The U.S. Department of Energy
15
to predict. supply, LNG imports are particularly vulnerable forecasts that high LNG prices will spur
to regional and even local price shifts. When domestic supply, leading to a decline in U.S.
higher natural gas prices decrease overall imports over the long run (see Figure 3).16 As a
demand, LNG imports tend to be the first cut. result, LNG industry participants face difficult
When unexpected spikes in demand occur, choices about how much to invest, where, and
buyers often close the gap with LNG. When how fast.
Asian demand spiked in 2008 (while supply
FIGURE 3.
High LNG prices are expected to increase domestic production of natural gas in the United States, leading
to a fall in imports over the long run.
4 History Projections
Net U.S. natural gas imports by
3
source (trillion cubic feet)
2
Overseas LNG
1
Canada
0
Mexico
-1
-2
1990 2000 2010 2020 2030
Source: “Annual Energy Outlook 2009,” U.S. Department of Energy, Energy Information Administration.
5 A high-stakes race against time
8. Complexity and risk As the supply network expands and importers
As the LNG supply chain becomes larger and demand more purchasing flexibility, the indus
more flexible – with more globally distributed try’s historical long-term contracts are steadily
liquefaction and regas facilities – the nature of giving way to commodity marketplaces. In the
the LNG business is changing, with commen 1990s, less than 2 percent of all natural gas
surate increases in complexity and risk. transactions were spot trades; by 2007 that
,
17
figure had grown to 11 percent. We expect
The supply chain – or more precisely, the LNG this trend to accelerate as existing long-term
value chain network – has become inordi contracts expire. The industry impact could
nately more complex to manage. Historical be substantial, given that contracts for a large
point-to-point delivery has evolved into an amount of gas sold each year to Asian coun
intricate network of origination points, trans tries will be up for renewal over the coming
portation partners and shipping destinations. decade.A commodity-like market structure
Each player must manage a complex value is quickly falling into place, with LNG pricing
chain of new assets, joint ventures, invest mechanisms already established in both the
ments, purchase/supply agreements and Atlantic and Pacific Basins.
logistics – constantly monitoring both physical
and transactional flows in order to react in real In addition to the financial complexity intro
time as situations change (see Figure 4). duced by the expanding commodity market,
LNG ventures face another possible side
FIGURE 4.
This example illustrates the major physical and transactional movements that must be managed as
part of an LNG value network.
Japan
China
Physical movements
Information and transac
tional movements
Global/regional decision
support center
Reservoir
LNG terminal
Malaysia
Integrated downstream
operations
Customers and
consumers
Australia
LNG tanker
Source: IBM Institute for Business Value analysis.
6 IBM Global Business Services
9. It’s important for effect. The thinner margins that often accom venture its own business practices and tech
pany commodity trades will likely expose nology standards, making holistic assessment
LNG ventues to
operational inefficiencies in the supply chain and management of the business extremely
focus on actions that
previously hidden by higher-margin, long-term challenging.
facilitate long-term contracts.
flexibility. Early readiness, enduring flexibility
As always, production, storage and trans So how can industry players and nations
port of a fuel such as natural gas requires protect the investments they are making to
the utmost attention to safety, reliability and meet global energy demand? How can they
regulatory compliance. The general public mitigate risk amid ever-increasing complexity?
and the governments that represent them are
understandably concerned about protecting It is important for new LNG ventures to focus
the environment. Even with superior safety on actions that can accelerate successful
records, LNG ventures face a daunting image scale-up, while positioning themselves for
challenge, given the magnitude and visibility of long-term flexibility. We believe investment
their projects. partners should consider four key actions
early in the joint venture process:
The scale and complexity of the LNG busi
• Focus constrained joint venture resources on
ness is matched only by the financial stakes
differentiated areas of the new business.
involved. By almost any measure, LNG
ventures are massive, encompassing thou • Instill a culture of safety.
sands of acres of shoreline, thousands of • Increase visibility for improved decision
employees to build and operate, millions of making.
design documents and often billions of invest
• Establish a reusable business model and
ment dollars. Constructing a regas terminal, associated infrastructure.
for example, typically costs about US$900
million – and the price tag for a gas liquefac Focus constrained joint venture resources
18
tion plant begins in the billions. Consider also By nature, most joint ventures operate with
that these investments usually have a five-year limited staff. Adding to the challenge, most of
lag for engineering and construction before the specialized skills required by new LNG
payback begins and are based on a 30-year ventures are in short supply. These ventures
business case. are often competing with the petroleum and
utilities industries for a shrinking pool of talent
Because of the magnitude of the invest and expertise.
ment (and the risk), most LNG projects are
accomplished through joint ventures. These Thus, it is crucial for investors to focus their
capital projects involve a complex collabora scarce resources on areas of the business
tion among engineering firms, equipment that are most strategic, as well as those that
suppliers, producers, pipelines, liquefaction carry the highest stakes because of safety
plants, shippers, regas facilities, and storage risks or the degree of capital involved. Equally
and distribution networks. However, the joint important, investors should consider turning
venture structure, in turn, complicates visibility low-risk, low-investment functions over to
of investments, assets, inventory and finan external specialists that can often perform
cials. Each investment partner brings to the those activities more economically and at a
higher level of quality.
7 A high-stakes race against time
10. Instill a culture of safety must make a commitment to safety to the
In the LNG industry, safety must be a core public, employees and regulators. Early hiring
value, designed into the business from the and professional training of operations staff is
start. This can be institutionalized through critical to success.
the implementation of formal, enterprise-wide
safety practices and broadly communicated Increase visibility for improved decision
expectations of safety performance. Where
making
The sponsors and owners of LNG ventures
possible, the expected level of performance
often lack access to operational, financial,
should be explicitly stated and measured
logistical and asset management information
using standard, industry-accepted metrics.
associated with the new business. Conflicting
Clear communication channels – up and down business practices, incompatible processes
the management chain – must be established and technologies, and different information
to surface and correct potential safety issues standards can make it difficult to share infor
as they arise. Leaders must continuously rein mation across corporate boundaries.
force an environment where the disclosure of
It is critically important to flatten these hurdles
problems is encouraged and employees are
early in the venture. All investment part
motivated to do the right thing, even when it
ners need a common view of information to
might seem difficult.
facilitate decision making and more timely
Practically every decision a joint venture responses to business changes. As they work
makes – from where facilities are located to to improve visibility, investors should implement
whom they partner with – should involve a processes and infrastructure that can transi
safety element. Achieving a positive return on tion smoothly from design and construction
investment is inexorably linked to safe and reli phases to ongoing operations.
able operations. For LNG ventures, safety is
not a cost; it’s an investment.
Establish a reusable business model and
associated infrastructure
A key example of instilling safety is through New joint ventures present partners with
operator training. Many LNG ventures are a fresh start, an entrepreneurial environ
essentially start-ups, with no operations history ment where they can adopt industry-leading
and few experienced staff. Using design processes, practices and technologies.
data from process equipment, automation Partners can bring the best from their respec
and information technology, sophisticated tive companies, while escaping ineffective
operator training simulators can be developed processes and current infrastructure limita
to support comprehensive training for new tions.
hires – long before they must help commission
The goal should be to merge diverse partner
new LNG facilities. Would an airline allow pilots
interests into a flexible business model with
to fly a jet on which they had not been simu
components that can be reused in future
lator trained and certified? The LNG industry
8 IBM Global Business Services
11. Standarization early in ventures. Standardization – of processes, operations. These key steps in handover of the
business practices, technology platforms facility from the engineering, procurement and
a venture helps mitigate
and such – lays the groundwork for reuse. construction provider to the owner/operator
risk and accelerate
Standardization early in the venture is even can be streamlined and enhanced if technolo
implementation. more beneficial, as it helps mitigate risk and gies are in place early enough to leverage.
accelerate implementation timelines. Too often,
new ventures postpone process, technology In low-risk, low-investment areas of the busi
and measurement standardization decisions ness, investors should consider using a
until forced by the construction schedule. centralized services approach or possibly
Agreeing upfront on key processes, infrastruc outsourcing to speed implementation and
ture and metrics helps prevent delays that reduce risk (see Figure 5). In strategic areas,
might otherwise occur. investors will also want to invest in infrastruc
ture for standardization and automation.
Using today’s digital technologies for example, Financial information sharing, asset manage
it is possible to electronically exploit facility ment and procurement are some of the key
design data within its new operational systems areas to evaluate for standardization opportu
even before factory acceptance testing, nities.
helping smooth site acceptance testing, plant
commissioning and both initial and long-term
FIGURE 5.
Early investment in standardized aspects of the business model reduces variability and focuses efforts on
accelerating implementation without compromising safety.
Focus investments on
strategic and/or high-
Consolidate Achieve superiority risk areas
• Increase efficiency • Focus the business on
High investment and consistency becoming best-in-class
• Customization and • Invest to gain unique
integration with other competitive advantage
business activities may
limit outsourcing
Manage as utility Leverage specialists
• Operate on specific service- • Use best-in-class partners
level agreements and usage in areas where internal
Low investment capability is not unique
• Use partners with low cost
of entry and high reliability • Seek tightly integrated,
Use standard business exclusive relationships
practice templates/
partners to simplify
and facilitate Low risk High risk
implementation.
Source: IBM Institute for Business Value.
9 A high-stakes race against time
12. Ready for the race? • In which areas of our business could stan
In those very early stages, when a LNG joint dardization and established governance
venture is initially forming, investors make processes help reduce costs and risk?
critical decisions that impact their long-term Where could we use partners to accelerate
odds of success. Delaying those important start-up, improve performance or share
decisions simply piles risk onto an already risk?
risky endeavor. • How modular and reusable are our
processes and business practices? What
As a participant in a new LNG venture, here specifically do we plan to redeploy in our
are some questions to help you assess your next LNG venture?
level of preparedness:
• Overall, how confident are we that our
• How quickly can we adapt to changing current LNG project will achieve its
conditions? Are we locked into an inflex expected return on investment?
ible business infrastructure that cannot be
scaled easily or hard-wired processes that Given the inherent volatility of this business, it
constrain innovation? is uncertain how long the present upswing in
LNG demand will last. We believe focusing on
• What specific steps are we taking to
manage the safety risks involved in our the four key action areas we’ve outlined can
project? Do our employees understand the help investors move quickly enough to capture
safety-related aspects of their roles and the the current LNG opportunity, while remaining
decisions they are making? flexible enough to thrive amid a chaotic and
cyclic industry.
• Do all of our investment partners have
access to the information they need? Do
we have the necessary information to make
fast and accurate decisions as situations
change?
10 IBM Global Business Services
13. DPLNG: Preparing for scale-up from start-up
In 2006, the Guangdong Dapeng (DPLNG) regas terminal received its inaugural shipment: 66,000 tons of LNG
arriving from Australia. The terminal is part of a US$3.6 billion investment that also includes the LNG transpor
tation infrastructure and pipeline system that connects several fast-growing cities and five new power plants
in Southeast China. DPLNG has 11 shareholders, including the China National Offshore Oil Corporation, which
owns 33 percent of the venture, and BP, the lone foreign shareholder, which controls a 30-percent stake.
DPLNG is China’s first LNG regas terminal. It is a government-endorsed pilot that will serve as a template for
other future facilities. Being first has presented the business with some unique challenges: it had no precedents
for forming a Chinese LNG joint venture or designing appropriate management practices and business
processes. It has been a pioneering effort in almost every way.
In addition to facing first-of-its-kind pressures, the venture must also be capable of scaling operations in
step with the region’s ever-increasing energy needs. Its strategy for achieving this objective has centered on
standardization, optmization and reuse. It selected business processes and technology standards strategi
cally – not only to support the complexity of its current business, but also to facilitate replication in future regas
terminal projects.
During construction, business practices were created based on business templates so that when the physical
infrastructure was ready, the business infrastructure was available too. This approach allowed the business to
move more seamlessly from construction to operations.
The choice of standardized business processes and supporting technologies made it easier to integrate and
coordinate with the facilities’ myriad upstream and downstream partners. But perhaps more importantly,
designing the business with reuse in mind from the start has led to standard, industry-leading practices that can
be repeated in subsequent ventures.
11 A high-stakes race against time
14. About the authors Omar Ishaq is the IBM Institute for Business
Steve Edwards is the IBM Global Industry Value leader for the Chemicals & Petroleum
Leader for the Chemicals and Petroleum Industry. He has extensive experience in
industries. He has been consulting for over Strategy & Change consulting from the Nordic,
25 years with his recent focus involving and has worked with a number of large
cross-border business transformation and global Chemicals & Petroleum clients. Omar
associated technologies for super major has a dual Master of Science in Strategy/
and national oil companies. Recently, he has Organizational Psychology and Business/
devoted significant time in key oil and gas Economics, and he is considered a subject
territories including Russia, China and India, matter expert on future energy. He can be
as well as in Central and Eastern Europe, Latin contacted at omar.ishaq@no.ibm.com.
America, North America, Australia and the
Contributor
Middle East. Mr. Edwards is a Fellow of the
Krishna Kaushik, strategy consultant, IBM
Institute of Management Consultants and an
Global Business Services
affiliated member of the Institute of Chartered
Accountants in England and Wales. He is a The right partner for a changing
frequent speaker at conferences including the
world
Oil and Money Conference in London, China
At IBM Global Business Services, we
Business Forum Beijing, and Oil and Gas
collaborate with our clients, bringing together
World Economic Forum Moscow.
business insight, advanced research and tech
David Haake is a Chemicals and Petroleum nology to give them a distinct advantage in
Industry Solutions Executive in IBM Global today’s rapidly changing environment. Through
Business Services focusing on asset our integrated approach to business design
management solutions and value network and execution, we help turn strategies into
management for the LNG industry. Mr. Haake’s action. And with expertise in 17 industries and
career background includes more than a global capabilities that span 170 countries, we
decade in process automation with ABB can help clients anticipate change and profit
and The Foxboro Company (now Invensys) from new opportunities.
focused on capital projects worldwide. He has
spent the past ten years working with business
transformation and technology projects in the
global Oil and Gas Industry. Mr. Haake recently
participated in a panel discussion at the LNG
San Antonio 2007 conference.
12 IBM Global Business Services
15. References
11
“World Energy Outlook 2008.” International
1
“World Energy Outlook 2008.” International Energy Agency.
Energy Agency. 12
“Natural Gas Market Review 2008.”
2
Ibid. International Energy Agency.
13
3
“Annual Energy Outlook 2009.” U.S. Ibid.
Department of Energy, Energy Information 14
“World Energy Outlook 2008.” International
Administration. Energy Agency.
4
“World Energy Outlook 2008.” International 15
Ibid.
Energy Agency. 16
“Annual Energy Outlook 2009.” U.S.
5
Ibid. Department of Energy, Energy Information
6
Ibid. Administration.
17
7
Ibid “Natural Gas Market Review 2008.”
8 International Energy Agency.
Ibid.
18
9 Ibid.
Ibid.
10
“Annual Energy Outlook 2009.” U.S.
Department of Energy, Energy Information
Administration.
13 A high-stakes race against time