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Terms in Glossary

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Tutorials & Guides

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Multi-Year Procurement

Multi-Year Procurement: A Strategic Tool for Oil & Gas Projects

In the fast-paced and complex world of oil and gas, efficient and strategic procurement is crucial for project success. One such strat…

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LD

LD: A Crucial Term in Oil & Gas Contracts

In the complex world of oil and gas, every term carries weight and understanding the nuances is crucial for successful operations. One such term that freque…

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Vapor Pressure

Vapor Pressure: The Force Behind Evaporation

Imagine a puddle of water on a hot summer day. Slowly, the puddle shrinks, disappearing as the water transforms into an invisible gas – water vapor. Th…

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PAL

PAL: A Vital Tool in Oil & Gas Production

In the world of oil and gas, PAL stands for Production Allocation Logic. It's a critical component in optimizing production from wells, especially those t…

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Letter of Intent

A Bridge to Business: Understanding the Letter of Intent in Oil & Gas

In the world of oil and gas, where deals are often complex and require significant investment, the Letter of Intent (LOI) plays …

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Production Phase

The Production Phase: Where Oil & Gas Projects Reach Their Peak

The production phase represents the heart of any oil and gas project. It's the stage where the well, pipeline, or refinery is fully op…

On The Wire


Nov. 28, 2023

Pipeline Cathodic Protection System

Although the basic theory of cathodic protection is very simple - making the entire surface of the …

April 10, 2023

Terminologies

This guide describes the commonly recommended lists of standard definitions of terms used in proce…

April 10, 2023

Project Hazop Procedure

This document defines the procedure to be used for Hazard and Operability (HAZOP) Reviews.

April 10, 2023

Safety Relief Valve Calculations

This standard for Safety Relief Valve Calculations has been developed to standardize the method of …

Aug. 7, 2024

Enhancing Expertise: A Successful Training Session for Seasoned Professionals

In the dynamic world of industry, continual learning and skill enhancement are vital, even for the …

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