Crypto Currency DAPMCOIN PROJECT WHITE PAPER: Killing two birds with one sto...Danglo And Prieto Mining
Introduction of the DAPM COIN project: (DPCN)
DPCN is a decentralized crypto currency or digital asset. DPCN has the same structures and uses
as a digital currency or decentralized virtual asset. DPCN, currently found on the Ethereum
platform will be traded around the world on the any Crypto Exchange that lists DAMPCOIN.
DAP COIN was created by Danglo and Prieto Mining (Pty) LTD and was invented by the GLOBAL CEOAND EXECUTIVE DIRECTOR of Danglo and Prieto Mining, Ernesto Francisco Maposse.
• US tight oil production and the future oil price
• Dubai:MD and CEO of DEWA receives CEO of First Solar
• UAE's Masdar inks deal to build Mauritania solar projects
• No 'significant' change in Saudi oil policy after king's death
• Algeria:To increase its oil output & renewable energy projects production
• Norway: Det norske commences drilling on the Ivar Aasen field
• Bangladesh:KrisEnergy completes 2D seismic program in SS-11
• India: Energy subsidies prove drain on Indian economy
• Oil producers in US not able to drill at $45 a barrel
• Oil price plunge to boost global M&A activity in 2015, says EY
Greetings,
Attached FYI ( NewBase Special 27 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:-
• GCC to increase desalination capacity 40% by 2020: IWS
• UAE: Petrofac Celebrates Sail-Away of First Modules to ZADCO's Upper Zakum
• Mozambique Gas Projects Raise Risk Of Resource 'Curse'
• China: policies aim to increase energy efficiency in buildings
• Oil prices extend losses as glut worries persist
• Iranian oil & gas production boost could wait some more
• As oil industry bleeds jobs, Asia’s green energy drive offers bright spot
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
Crypto Currency DAPMCOIN PROJECT WHITE PAPER: Killing two birds with one sto...Danglo And Prieto Mining
Introduction of the DAPM COIN project: (DPCN)
DPCN is a decentralized crypto currency or digital asset. DPCN has the same structures and uses
as a digital currency or decentralized virtual asset. DPCN, currently found on the Ethereum
platform will be traded around the world on the any Crypto Exchange that lists DAMPCOIN.
DAP COIN was created by Danglo and Prieto Mining (Pty) LTD and was invented by the GLOBAL CEOAND EXECUTIVE DIRECTOR of Danglo and Prieto Mining, Ernesto Francisco Maposse.
• US tight oil production and the future oil price
• Dubai:MD and CEO of DEWA receives CEO of First Solar
• UAE's Masdar inks deal to build Mauritania solar projects
• No 'significant' change in Saudi oil policy after king's death
• Algeria:To increase its oil output & renewable energy projects production
• Norway: Det norske commences drilling on the Ivar Aasen field
• Bangladesh:KrisEnergy completes 2D seismic program in SS-11
• India: Energy subsidies prove drain on Indian economy
• Oil producers in US not able to drill at $45 a barrel
• Oil price plunge to boost global M&A activity in 2015, says EY
Greetings,
Attached FYI ( NewBase Special 27 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:-
• GCC to increase desalination capacity 40% by 2020: IWS
• UAE: Petrofac Celebrates Sail-Away of First Modules to ZADCO's Upper Zakum
• Mozambique Gas Projects Raise Risk Of Resource 'Curse'
• China: policies aim to increase energy efficiency in buildings
• Oil prices extend losses as glut worries persist
• Iranian oil & gas production boost could wait some more
• As oil industry bleeds jobs, Asia’s green energy drive offers bright spot
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
Company Profile (Occidental Petroleum Corporation)Muhammad Hasnain
I wrote this company profile as a part of my two weeks online course at Coursera conducted by Duke University. Readers can find a set of brief facts about 'Occidental Petroleum Corporation' that are good enough to get an overall review of the company's operations and performance over time.
New base energy news issue 955 dated 24 november 2016Khaled Al Awadi
Greetings,
Attached FYI (NewBase 24 November 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:-
• Qatar: RasGas delivers debut LNG cargo to France terminal
• Iraq has to up oil output because of 'budget hole': FM
• US: Keystone pipeline Reviving by Rescinding LBJ’s Order
• Oil prices static on uncertainty over planned production cut
• OPEC’s Latest Headache: Russian Reluctance to Cut Oil Production
• Bruised Oil Nations Seek Solace in Fastest Growing Guzzler
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 member since 1995
Hawk Energy since 2010
One of my last article about Global LNG Industry which was used as PR material for FSRU Asia Summit 2016, http://www.fsrusummit.com/ The original article can be read in this link https://energyroutes.eu/2016/05/08/global-lng-market-trends-and-future-outlook/
FSRU (Floating Storage and Regasification Unit) LNG Terminal is the disruptive technology becoming the most popular solution for countries needing natural gas for their power, fertiliser and transport sectors. This presentation is to understand the Risk Management, Financing, and insurance issues connected with this industry
New base 26 october 2021 energy news issue 1466 by khaled al awadiKhaled Al Awadi
NewBase 26 October 2021 Energy News issue - 1466 by Khaled Al Awadi
NewBase 26 October 2021 Energy News issue - 1466 by Khaled Al Awadi
NewBase 26 October 2021 Energy News issue - 1466 by Khaled Al Awadi
NewBase 26 October 2021 Energy News issue - 1466 by Khaled Al AwadiNewBase 26 October 2021 Energy News issue - 1466 by Khaled Al Awadi
New base energy news 28 january 2021 issue no 1401 senior editor eng- khale...Khaled Al Awadi
NewBase Energy News 28 January 2021 Issue No-1401 Senior Editor Eng- Khaled Al Awadi_compressed.pdfNewBase Energy News 28 January 2021 Issue No-1401 Senior Editor Eng- Khaled Al Awadi_compressed.pdf
Company Profile (Occidental Petroleum Corporation)Muhammad Hasnain
I wrote this company profile as a part of my two weeks online course at Coursera conducted by Duke University. Readers can find a set of brief facts about 'Occidental Petroleum Corporation' that are good enough to get an overall review of the company's operations and performance over time.
New base energy news issue 955 dated 24 november 2016Khaled Al Awadi
Greetings,
Attached FYI (NewBase 24 November 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:-
• Qatar: RasGas delivers debut LNG cargo to France terminal
• Iraq has to up oil output because of 'budget hole': FM
• US: Keystone pipeline Reviving by Rescinding LBJ’s Order
• Oil prices static on uncertainty over planned production cut
• OPEC’s Latest Headache: Russian Reluctance to Cut Oil Production
• Bruised Oil Nations Seek Solace in Fastest Growing Guzzler
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 member since 1995
Hawk Energy since 2010
One of my last article about Global LNG Industry which was used as PR material for FSRU Asia Summit 2016, http://www.fsrusummit.com/ The original article can be read in this link https://energyroutes.eu/2016/05/08/global-lng-market-trends-and-future-outlook/
FSRU (Floating Storage and Regasification Unit) LNG Terminal is the disruptive technology becoming the most popular solution for countries needing natural gas for their power, fertiliser and transport sectors. This presentation is to understand the Risk Management, Financing, and insurance issues connected with this industry
New base 26 october 2021 energy news issue 1466 by khaled al awadiKhaled Al Awadi
NewBase 26 October 2021 Energy News issue - 1466 by Khaled Al Awadi
NewBase 26 October 2021 Energy News issue - 1466 by Khaled Al Awadi
NewBase 26 October 2021 Energy News issue - 1466 by Khaled Al Awadi
NewBase 26 October 2021 Energy News issue - 1466 by Khaled Al AwadiNewBase 26 October 2021 Energy News issue - 1466 by Khaled Al Awadi
New base energy news 28 january 2021 issue no 1401 senior editor eng- khale...Khaled Al Awadi
NewBase Energy News 28 January 2021 Issue No-1401 Senior Editor Eng- Khaled Al Awadi_compressed.pdfNewBase Energy News 28 January 2021 Issue No-1401 Senior Editor Eng- Khaled Al Awadi_compressed.pdf
Learn all the essentials of building Angular 2 applications right here.
https://www.udemy.com/angular-2-training/?couponCode=UANGULAR2
This is a beginner level course aimed at those new to Angular 2 and Typescript. No previous knowledge of either is required before starting this course.
This course combines slides, projects and quizzes in a clear, concise and engaging way to guide you through the core concepts of Angular 2 and Typescript.
You will gain a solid foundation for building real-world applications following best practices and the Angular 2 style guide. This includes how to build components, create shared services, navigate between views, manage data, and managing user and system events.
New base energy news issue 889 dated 20 july 2016Khaled Al Awadi
NewBase Special 20 July 2016
Greetings,
Attached FYI (NewBase Special 20 July 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:-
• Saudi Arabia: S78 Red Sea seismic surveyNEW by Sonardyne acoustics
• GCC: Annual façades spending to hit $12bn by 2024(Saudi 41.8%)
• UK:North Sea Field Shutdowns to Climb as Brexit Deepens Oil Gloom
• Nigeria and Gabon: Panoro Energy operations updates
• Crude oil futures rise after US stockpiles fall
• Oil prices won't suffer a 2015-style price collapse, says Citi's Morse
• SolarCity gigafactory brightens New York's manufacturing revival
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
Vision Marine Technologies Inc is engaged in designing and manufacturing electric outboard powertrain systems and our related technology. The company manufactures hand-crafted, highly durable, low maintenance, environmentally-friendly electric recreational powerboats. Its manufacturing models of electric powerboats include Phoenix 290, Bruce 22, Volt 180, Fantail 217, and Quietude 156.
NewBase 12 February 2024 Energy News issue - 1698 by Khaled Al Awadi_compres...Khaled Al Awadi
NewBase 12 February 2024 Energy News issue - 1698 by Khaled Al AwadiNewBase 12 February 2024 Energy News issue - 1698 by Khaled Al AwadiNewBase 12 February 2024 Energy News issue - 1698 by Khaled Al AwadiNewBase 12 February 2024 Energy News issue - 1698 by Khaled Al AwadiNewBase 12 February 2024 Energy News issue - 1698 by Khaled Al AwadiNewBase 12 February 2024 Energy News issue - 1698 by Khaled Al AwadiNewBase 12 February 2024 Energy News issue - 1698 by Khaled Al Awadi
New base 19 april 2021 energy news issue 1425 by khaled al awadiKhaled Al Awadi
NewBase 19 April 2021 Energy News issue - 1425 by Khaled Al Awadi.docx
NewBase 19 April 2021 Energy News issue - 1425 by Khaled Al Awadi.docx
NewBase 19 April 2021 Energy News issue - 1425 by Khaled Al Awadi.docx
The Dockwiser Middle East edition focuses on Dockwise and external developments in the region. The feature, Mecca of World Oil & Gas (12-23), covers the history of Middle Eastern oil spanning 100 years, review of top oil and gas players, world oil and gas landscape, countries leading the offshore pack and offshore drilling hotspots.
Next to the feature, you will explore various sections including DockTalk, where Pushing Limits (24-25) and Arabian Float-over (34-35) articles cover recent installation projects. We also provide you with two different Industry Perspectives from the CEO of Shelf Drilling (30-31) and Dutch Ambassador to the UAE (36-37). In the Creating New Horizons section, seasoned managers from Dockwise and Boskalis provide an insight of doing business in the region as they focus on Growing Offshore Business (26-27) and Understanding Customer Needs (32-33). In the Technology Focus section, we describe the phases of a Float-over installation (28-29) whereby semi-submersible heavy transport vessels are used to transport and install offshore topsides. In addition to the oil and gas focus, we included a leisure article covering travel in beautiful Abu Dhabi (12-14).
[Asian Steel Watch] Vol.3 (2017.6)
On the Cover
Will the Shipbuilding Industry Flourish Again?
The shipbuilding industry will be recovered in the long term backed by global economic growth and highly influenced by environmental issues and technological advances. Under strict environmental regulations, demand for eco-friendly ships will rise. Ships will be required to use low-sulfur fuel oil. A wide range of technologies will bring about differentiated and innovative types of ships. Under the influence of the Fourth Industrial Revolution, remotely controlled or fully autonomous ships will become available in the future. Emerging technology will not only change ships, but also shipyards and the shipping and port industries. The changing steel industry will result in qualitative changes of steel products. As vessels become larger and lighter, the steel intensity of ship’s tonnage will fall continuously, and then decline even further following the rise of electric propulsion, unmanned, and autonomous ships.
Cantabria Sea of Innovation Conference Invitationgruposodercan
Cantabria Government through Grupo SODERCAN along with Cantabria University organizes the first
Conference & Exhibition ”Cantabria Sea of Innovation Conference 2010” to be held December 2-3, 2010
at Santander Exhibition and Congress Palace.
The world’s largest LNG boom is about to vault Australia into the big league of petroleum nations. A special feature published in March 2015 in Oil&Gas Journal magazine and online at www.ogj.com
Greetings,
Attached FYI ( NewBase Special 09 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 powers up solar PV plants on Vanuatu island
• Bid to recover untapped oil resource in Bahrain
• Indonesia: Andalas Energy and Power signs Tuba Obi East gas project farm-in agreement
• Malaysia's Reach Energy Acquires 60% Stake in Kazakhstan Block for $155M South Africa to Start Shale Gas Exploration Next Financial Year
• Oil prices dip on stronger dollar, demand concerns
• An oil output freeze would have a limited impact
• Global oil Slump Brings These Two Rivals Together
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
NO1 Uk best vashikaran specialist in delhi vashikaran baba near me online vas...Amil Baba Dawood bangali
Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
#vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore#blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #blackmagicforlove #blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #Amilbabainuk #amilbabainspain #amilbabaindubai #Amilbabainnorway #amilbabainkrachi #amilbabainlahore #amilbabaingujranwalan #amilbabainislamabad
Quality defects in TMT Bars, Possible causes and Potential Solutions.PrashantGoswami42
Maintaining high-quality standards in the production of TMT bars is crucial for ensuring structural integrity in construction. Addressing common defects through careful monitoring, standardized processes, and advanced technology can significantly improve the quality of TMT bars. Continuous training and adherence to quality control measures will also play a pivotal role in minimizing these defects.
COLLEGE BUS MANAGEMENT SYSTEM PROJECT REPORT.pdfKamal Acharya
The College Bus Management system is completely developed by Visual Basic .NET Version. The application is connect with most secured database language MS SQL Server. The application is develop by using best combination of front-end and back-end languages. The application is totally design like flat user interface. This flat user interface is more attractive user interface in 2017. The application is gives more important to the system functionality. The application is to manage the student’s details, driver’s details, bus details, bus route details, bus fees details and more. The application has only one unit for admin. The admin can manage the entire application. The admin can login into the application by using username and password of the admin. The application is develop for big and small colleges. It is more user friendly for non-computer person. Even they can easily learn how to manage the application within hours. The application is more secure by the admin. The system will give an effective output for the VB.Net and SQL Server given as input to the system. The compiled java program given as input to the system, after scanning the program will generate different reports. The application generates the report for users. The admin can view and download the report of the data. The application deliver the excel format reports. Because, excel formatted reports is very easy to understand the income and expense of the college bus. This application is mainly develop for windows operating system users. In 2017, 73% of people enterprises are using windows operating system. So the application will easily install for all the windows operating system users. The application-developed size is very low. The application consumes very low space in disk. Therefore, the user can allocate very minimum local disk space for this application.
Industrial Training at Shahjalal Fertilizer Company Limited (SFCL)MdTanvirMahtab2
This presentation is about the working procedure of Shahjalal Fertilizer Company Limited (SFCL). A Govt. owned Company of Bangladesh Chemical Industries Corporation under Ministry of Industries.
Saudi Arabia stands as a titan in the global energy landscape, renowned for its abundant oil and gas resources. It's the largest exporter of petroleum and holds some of the world's most significant reserves. Let's delve into the top 10 oil and gas projects shaping Saudi Arabia's energy future in 2024.
CFD Simulation of By-pass Flow in a HRSG module by R&R Consult.pptxR&R Consult
CFD analysis is incredibly effective at solving mysteries and improving the performance of complex systems!
Here's a great example: At a large natural gas-fired power plant, where they use waste heat to generate steam and energy, they were puzzled that their boiler wasn't producing as much steam as expected.
R&R and Tetra Engineering Group Inc. were asked to solve the issue with reduced steam production.
An inspection had shown that a significant amount of hot flue gas was bypassing the boiler tubes, where the heat was supposed to be transferred.
R&R Consult conducted a CFD analysis, which revealed that 6.3% of the flue gas was bypassing the boiler tubes without transferring heat. The analysis also showed that the flue gas was instead being directed along the sides of the boiler and between the modules that were supposed to capture the heat. This was the cause of the reduced performance.
Based on our results, Tetra Engineering installed covering plates to reduce the bypass flow. This improved the boiler's performance and increased electricity production.
It is always satisfying when we can help solve complex challenges like this. Do your systems also need a check-up or optimization? Give us a call!
Work done in cooperation with James Malloy and David Moelling from Tetra Engineering.
More examples of our work https://www.r-r-consult.dk/en/cases-en/
Vaccine management system project report documentation..pdfKamal Acharya
The Division of Vaccine and Immunization is facing increasing difficulty monitoring vaccines and other commodities distribution once they have been distributed from the national stores. With the introduction of new vaccines, more challenges have been anticipated with this additions posing serious threat to the already over strained vaccine supply chain system in Kenya.
Democratizing Fuzzing at Scale by Abhishek Aryaabh.arya
Presented at NUS: Fuzzing and Software Security Summer School 2024
This keynote talks about the democratization of fuzzing at scale, highlighting the collaboration between open source communities, academia, and industry to advance the field of fuzzing. It delves into the history of fuzzing, the development of scalable fuzzing platforms, and the empowerment of community-driven research. The talk will further discuss recent advancements leveraging AI/ML and offer insights into the future evolution of the fuzzing landscape.
2. ………………………………………………………………………………….................
Offshore projects are starting to become
competitive again
Offshore oil drilling is a risky, dirty, dangerous
business
Research funded by DOE/RPSEA Advances
Ultradeepwater Technology
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3. ………………………………………………………………………………….................
1. Saudi Arabia. The world’s largest offshore producer
with 13% of the global total has several large offshore oil
fields, including the Safaniya, which produces between
1.1 and 1.5 million B/D and is the highest-producing
offshore field in the world.
2. Brazil. Offshore production grew by 58% between 2005
and 2015, making Brazil the second-largest offshore
producer in 2015. This growth was driven predominately
by the expansion of deepwater pre-salt projects, which
should support small production increases this year and
next.
3. Mexico. The third-largest offshore producer has seen
increasingly smaller yields from offshore assets, with
production falling by 31% from 2005 to 2015. Mexico,
however, still produced nearly 2 million B/D in 2015,
accounting for 7% of global offshore production.
Which country is the largest offshore producer?
If you answered the US, you are way off. Brazil is a near miss, but it is still second to Saudi Arabia.
The US Energy Information Administration ranked offshore Saudi production No. 1 in the world with 13% of the globe’s
offshore output, including its Safaniya field, which it ranks as No. 1 in the world at 1.1 to 1.5 million B/D in oil and other
liquids.
5. United States. From 2005 to 2015, total offshore production
grew by 6.5%. With several large projects coming online in 2016
and 2017, US Gulf of Mexico production is expected to climb by
about 0.3 million B/D during that period. By contrast, US
onshore production is expected to fall by 1.1 million B/D over
those years.
4. Norway. Although offshore production declined
28% from 2005 to 2010, it has remained steady since
2010 with 7% of the global offshore production from
Norwegian fields. Norwegian output is forecast to rise
slightly in 2016 and to fall slightly in 2017.
4. OSLO, Norway – While the oilfield service market in
shale is the place to be in 2017, there is clear evidence
that offshore projects are still being prioritized by E&P
companies, according to analyst Rystad Energy.
For every dollar that is invested into the North American
shale market in 2017, the analyst firm says, a dollar is
also earmarked for the development of new offshore
resources. Both sources of future production, shale and
offshore, will receive around $70 billion each of planned
capex.
In both 2014 and 2015, E&P companies looked at North
America and the shale industry for where they would
invest in new production capacity. In 2014, $160 billion
was invested into drilling and completion of wells and
$20 billion on infrastructure, while only $95 billion was
committed to unlock new offshore resources. For 2015,
40% more was directed toward shale. Both 2014 and
2015 were the result of offshore projects pricing
themselves out of the competition of providing oil to the
market.
However, with two years of cost cutting programs in the offshore value chain, 2016 and 2017 are showing full
competitiveness within these two sources of supply, Rystad Energy says. This shows what the offshore industry
has worked with during the downturn. In a time when many thought that offshore projects could not compete
with shale, offshore operators managed to turn uncommercial projects into highly competitive projects with the
help from service companies. Offshore projects that were uncommercial at $110/bbl in 2013 are now
commercial at an oil price of $50/bbl.
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5. Offshore oil drilling is a risky, dirty,
dangerous business
………………………………………………………………………………….................
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Sierra Club Executive Director Carl Pope, on the 20th anniversary on March 24 of
the Exxon Valdez crude oil spill into Prince William Sound off the coast of Alaska
"More offshore drilling won't lower [gasoline] prices for average Americans. It will
only add to the record-breaking profits made by oil industry executives.
"It's time to leave the days of oil spills behind us. Investment in clean energy like
offshore wind power will help end our addiction to fossil fuels. It will help create
green jobs and energy independence.
"The drill-everywhere days of the Bush administration are behind us. Americans
want clean energy and the jobs that come with it, not more bloated oil industry
profits. The Obama administration clearly understands that."
The anniversary of the Exxon Valdez disaster should serve as a
reminder of the threat oil poses to our oceans and coasts. Instead
of opening the door to more Exxon-style disasters, we should
embrace the clean energy solutions that will keep our beaches
and marine life intact and help combat global warming.
"Offshore oil drilling is a risky, dirty, dangerous business. Contrary
to what the oil industry would like us to believe, there is no
effective method for cleaning up an oil spill. Where there are
tankers and offshore drilling, there will always be spills.
Carl Pope
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6.
7. TECHNOLOGY UPDATE
Roy Long, National Energy Technology Laboratory, United States Department of Energy
A number of research projects awarded by the Research
Partnership to Secure Energy for America (RPSEA), with
funding and oversight by the United States Department
of Energy’s National Energy Technology Laboratory
(NETL), have shown solid potential to advance
deepwater and ultradeepwater (UDW) oil and gas
development. The DOE/RPSEA projects are among more
than 15 to be featured in a session on funding new E&P
technologies on 7 May at the Offshore Technology
Conference (OTC) in Houston. Chairing the session will
be James Pappas, vice president of ultradeepwater at
RPSEA. Nine of the technologies developed through this
research are discussed herein.
One of the projects, highlighted on the cover of the
January 2014 issue of JPT, is the Lockheed Martin Marlin
autonomous underwater vehicle. This system has the
following advantages over remotely operated vehicle
(ROV) systems: 3D model generation in hours vs. days;
the use of smaller vessels with fewer crew members; no
need for umbilical management; realtime change
detection, enabling on-site assessment of survey results
and structural anomalies; rapid assessment capability of
potential environmental damage; and the ability to
generate accurate, geo-registered models for structural
integrity assessment.
Another interesting set of projects deals with metocean issues that affect UDW
development. Studies in this area have continued since the early days of UDW
research and development within RPSEA. The first efforts studied the US Gulf of
Mexico (GOM) loop currents to develop a better hurricane forecasting model,
because these relatively warmer currents often increase hurricane intensity.
The goal of these projects was to develop a better long-range forecast (of up to 90
days) of hurricane activity in the GOM. The newer models with higher resolution
potentially could better describe the density of the spiral rain bands caused by
higher wind velocities farther from the center of the storm. The spacing of these
bands appears to have a greater influence on the extent of damage sustained by an
offshore vessel than hurricane classification or size, as the spacing more directly
affects seawater wave height.
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