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Terms in Glossary

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Tutorials & Guides

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Independent

Independent: Navigating the Oil & Gas Landscape

In the vast and intricate world of Oil & Gas, the term "Independent" carries significant weight, often defining a company's structure and operations. …

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CVP

CVP: The Engine Behind Oil & Gas Investments

In the world of oil and gas, CVP stands for Capital Value Process. This isn't just a fancy term; it's the backbone of sound investment decisions, guiding…

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Countermeasures

Countermeasures: Mitigating Risk in the Oil & Gas Industry

In the demanding and often unpredictable world of oil and gas, risk management is paramount. Countermeasures are a critical tool in the pr…

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Parallel Activities

Parallel Activities: Streamlining Oil & Gas Projects for Faster Completion

In the fast-paced world of oil and gas, time is money. Every day a project is delayed translates to lost revenue and poten…

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Commitment to Objectives

Commitment to Objectives: A Key Metric in Oil & Gas Cost Management

In the dynamic world of oil and gas exploration and production, efficient cost management is critical. One essential metric used t…

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Gravity Drainage

Gravity Drainage: Nature's Helping Hand in Oil & Gas Production

Gravity drainage is a crucial concept in oil and gas production, utilizing the simple yet powerful force of gravity to extract hydroca…

On The Wire


April 24, 2024

Flow Diagrams PFD

This design gudline covers the guidelines for the preparation of PFD

April 1, 2023

ASME/ANSI B36.10/19

ASME/ANSI B36.10/19

April 10, 2023

Safety Relief Valve Calculations

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

May 24, 2024

How to Produce Professional-looking P&IDs & FPD with AutoCAD

Creating a Piping and Instrumentation Diagram (P&ID) in AutoCAD involves managing various layers to…

April 9, 2023

Project Control PLAN

CONTRACTOR’s primary objective for Project Controls function is to provide timely and accurate info…

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