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GE’s on How Digitization Helps Reduce Costs in Oil and Gas

“Unplanned downtime continues to plague the oil and gas industry. The offshore sector, in particular, has been saddled with unnecessarily high costs and exposed to unnecessary risks as a result. This was made clear in a study by Kimberlite, an international oil and gas market research and analytics company, in Summer 2016. And the problem […]

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An Expert Interview About Information Technology in the Oil Industry

Concluded in last June 1st, the Energy Perspectives 2016 – Long Term Macro and Market Outlook, from Statoil, begins with the following statement: “Global energy markets are in transition”. In fact, the 2008 crisis is not over yet and new technologies are promising to revolutionize the energy business, which also means lots of opportunities. This […]

If You Read One Book About Integrity Management Read this One

“In addition to compliance with legislative and company requirements, there is also a significant business benefit from ensuring the integrity of the assets/facilities. Minimizing of productions losses, prevention of unplanned shutdowns and rationalization of the purchase and storage of spare parts are some of the benefits that can result from a well-managed and executed integrity […]

Are You an Innovator? The 5 Stages on Technology Adoption You Must Know

“Innovation distinguishes between a leader and a follower”, Steve Jobs said. Innovation behavior has positive relationships with career progression (salary growth and the number of promotions) and career satisfaction. Only a few people are really innovators. According to Everett Rogers, 2.5% of the population. The professor got to this conclusion in the book Diffusion of Innovations, […]

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How Corrosion Management is Making the World (and Insurance Business) Better

“Basic Coverage for Equipment Used in the Production, Drilling and Exploration of Oil and/or Natural Gas in Marine Operations (offshore) and Land (onshore) – Special Conditions (…) Clause 2 – Risks not Covered and downs Indemnified/ 2.1. In addition to the provisions in clause 5 of the General Conditions, are excluded from coverage claims for […]