Features / Industry Insights

Preventative Crisis Management: The Key to Operational Excellence

Oil and gas facilities, which include oil and gas refineries, offshore production platforms, pipeline networks, and various chemical plants, are among the most complicated and dangerous industrial processes in the world. Everyone on site contributes to the operational hum of business as usual. But what happens when a disaster strikes? Can staff deal with the situation swiftly and efficiently? Can work be delegated to staff to help alleviate the situation? Can we readily communicate essential information to employees, emergency personnel, and the general public?

The Core of Oil & Gas Landscape: Pipeline Usage & Connectivity

To begin with, it is essential to understand the importance of pipeline infrastructure as oil and gas, as well as distillation products and chemically stable compounds, are typically transferred between locations through pipelines. Ever since the turn of the century, investments in the worldwide pipeline business have grown rapidly.

Russia-Ukraine Conflict Brings LNG to Spotlight

As Europe scrambles to replace the gas coming from Russia, liquefied natural gas (LNG) comes into the spotlight as an energy source that can replace the millions of tonnes of gas it currently buys from its main provider, Russia. Natural gas is the second largest source of energy in the Europe, accounting for nearly 25% of its total consumption. The consequences of current events could cost Europe its valuable source of energy. This can explain the recent rush by European countries towards securing more shipments of LNG, while consolidating the proper infrastructure for receiving it. As of May 2022, 11 EU Member States were LNG importing countries, for a total regasification capacity of 160 billion cubic meters (bcm) per year.

Employee Retention in The Oil & Gas Industry

To begin with, the oil and gas sector, like most other sectors, faces challenges with employee retention. Training in the oil and gas sector may be costly, and professionals need years of professional experience. If these experienced individuals depart their companies for any reason, it proves to be hard to replace them.

Egypt Prospects to Fulfill European Natural Gas Needs

Egypt is well-positioned to profit from the present energy crisis in Europe, given its increased natural gas finds, production, and LNG exports. From one perspective, Egypt might soon get to be a major energy exporter to the EU if it is able to considerably alleviate the European problem by selling LNG in large quantities to the EU. However, some experts feel that becoming a major LNG supplier to the EU is a long-term goal that will be determined by other variables rather than relieving the present situation. Thus, it is suggested that Egypt should embrace a simple strategy, maximising earnings from LNG exports to Europe, because the EU is already purchasing natural gas at higher spot rates.

Employing More Women: The Remedy to Brain Drain in The Energy Sector

To begin with, some of highly trained and educated people prefer to migrate from developing and less industrialized nations to wealthy, more developed countries. This phenomenon otherwise known as the ‘brain drain’ suggests that individuals leave their countries for better opportunities elsewhere as there are few opportunities to use their talents or skills locally.

Transitioning The Oil and Gas Industry to Low-Carbon

To begin with, although a rising number of oil and gas businesses are committing to net-zero targets, not all are sure how to get there. With that, energy transition is viewed by oil and gas companies as a mixed bag of possibilities, hazards, and a complicated phenomenon. The current crisis has demonstrated how sensitive the global economy is to underlying threats, one of which is climate change. Even before COVID-19, there was growing demand to transform the energy system away from one dominated by hydrocarbons further towards one driven by low-carbon sources.

The Uphill Quest for Natural Gas

Although the hydrogen sector is generating a lot of hype and millions of dollars, not even all hydrogen is made equal. Although hydrogen is by far the most plentiful resource in the world, it must be separated from its source, which requires energy. At the present, it's largely made from grey hydrogen, which comes from fossil resources like natural gas as well as oil.

Promoting Net-Zero Carbon in the Oil & Gas Industry

According to climate researchers, net CO2 emissions must be zero in order to maintain global average temperature stability. To meet the Paris climate targets, net CO2 emissions must reach zero far before temperatures increase by over 2°C. Afterward, no more CO2 may be discharged into the air until it is compensated by CO2 removal.

Carbon Capture Potential in Egypt

To begin with, it can be noticed with the increasing oil and gas activities, that there has been an exponentially large amount of greenhouse gases (GHGs) that have been emitted into the atmosphere. This particular phenomenon adheres mostly to Carbon Dioxide (CO2) emissions. With that, the technique of trapping CO2 produced during power production and industrial operations and preserving it so that it is not released into the environment is known as carbon capture and sequestration/storage (CCS). CCS technologies offer a lot of promise for lowering CO2 emissions in energy systems. CCS-equipped plants can collect nearly all of the CO2 that is emitted.

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