West Africa Presents Petroleum Opportunities for E&P
Estimated reading time: 6 minutes Exploration and Production (E&P) projects have discovered major oil and gas fields in continental margin systems in areas such as the North Sea, Gulf of Mexico, offshore South America and offshore Africa. Other areas also include The Santos, Campos and Espirito Santo basins off the coast of Brazil that contain high-volume oil discoveries, as well as across the Atlantic to offshore western Africa. Geography of West Africa The West-Central Coastal Province of the Sub-Saharan Africa Region consists of the coastal and offshore areas of Cameroon, Equatorial Guinea, Gabon, Democratic Republic of the Congo,…
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4 Types of Corporate Training An Organization Should Implement
Estimated reading time: 3 minutes In this era of disruption, demand for talent is getting more intensive and the need for corporate training has never been more important. There are many types of corporate trainings available, each with seemingly important yet different purposes and aims. How can an organization know which trainings to prioritize then? Below are 4 types of trainings that an organization should prioritize: Workplace ethics Technical skills development Soft skills development General safety and emergency procedures Workplace ethics According to Management Study Guide, workplace ethics poses many benefits. Workplace ethics is a very…
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What is laytime and lay day in shipping?
Estimated reading time: 4 minutes Laytime and lay days are two shipping terms that often get mixed up as having the same meaning. Although they sound similar, they differ greatly in meaning. Read more below to find out the different definitions of these 2 shipping terms. What is laytime? Laytime or lay time, is defined as “the period of time agreed between the parties during which the Owner will make and keep the vessel available for loading or discharging without payment additional to the freight”. If a ship fails to complete the work during the allotted time and…
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Asia Oil and Gas Conference (AOGC) 2019
Location: Kuala Lumpur, Malaysia Dates: June 24 2019 – June 25 2019 Type of event: Exhibition and Conference Booth: C34 Opus Kinetic will be present at the Asia Oil and Gas Conference (AOGC) 2019 in Kuala Lumpur, Malaysia, from June 24 to June 25, 2019. The Asia Oil & Gas Conference (AOGC) is Asia’s most premier and anticipated oil & gas event in Asia. It is a platform where energy professionals and industry shapers convene and engage in strategic discussions to identify solutions in propelling the industry forward. The theme for AOGC 2019 is “Forging a New Energy Future”. Speak to us about…
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What is Field Development Planning (FDP)?
Estimated reading time: 4 minutes One of the main challenges for the oil and gas industry includes the proper maintenance of both offshore and onshore wells. This includes determining the optimal way to develop and produce from an oil or gas field that successfully manages risks, uncertainty and value to stakeholders. This is where a Field Development Plan (FDP) comes in to provide the best technical solution and guide for optimising the development and production of a field. FDP studies lay out the necessary information for oil and gas producers to weigh out all the economic decisions that has…
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6 Reasons For Engaging In Corporate Training
Estimated reading time: 4 minutes Corporate training is growing fast. It is becoming a trend to cultivate higher skilled employees who can contribute to the company success. Spending on corporate training is rising rapidly as well. According to Bersin by Deloitte, corporate training spending increased 10% in 2014, 12% in 2015, and 15% in 2016. Corporate training is a ‘necessity’ in today’s ever-changing business world. Embarking on corporate training no longer provides an organization with a competitive edge. Rather, it is deemed as an essential investment. According to a study done by American Society for Training and Development (ASTD), investing…
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Effective Leadership Practices Used for the Oil & Gas Sector
Estimated reading time: 5 minutes The oil and gas sector faces a unique set of challenges that are complex, if not more so than any other business sector today. Developing exceptional leaders of tomorrow is the key to meeting the demands and expectations in this complex industry. If companies in the sector do not develop leaders to create the right working environments, it would be difficult to retain and motivate staff. In response to the increasingly globalized nature of competitiveness in the oil and gas markets, there is increasing pressure on organisations to develop organisational cultures and structures that…
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7 Tips on Public Speaking You Need To Know
In today’s technology-filled world where people are often exposed to messages through mediums like social medium and the Internet, we may question if there really is a need for public speaking and if people do still need to give speeches in public. Just by googling ‘classes on public speaking’, there are over 400 million results available, ranging from articles or tips on public speaking to academies that promise to help you become the champion of public speaking. With so many resources available targeted at different audience, there is still a demand for good public speaking skills. Even if there…
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Best Practices of HSE Management
Estimated reading time: 4 minutes Health and safety management encompasses the interactions between several factors between – the working environment, systems and procedures, and the people in the organisation. The management of the risks associated with the Health, Safety and Environmental (HSE) threats to a business is becoming increasingly complex and as part of any credible global business, needs to be managed at all levels of the business. This is led by an executive team, supported by the Board of Directors in a consistent, systematic manner. History also demonstrates that in many instances, major accident events can result in consequences…
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6 Best Practices to Increase Supply Chain Value
Estimated reading time: 5 minutes Supply chain management (SCM) is the broad range of activities required to plan, control and execute a product’s flow, from acquiring raw materials and production through distribution to the final customer, in the most streamlined and cost-effective way possible. SCM involves the integrated planning and execution of processes to optimise the flow of materials, information and financial capital in the supply chain. This includes areas such as demand planning, sourcing, production, inventory management and storage, logistics, and more. With the pace of modern international business increasing, competitive advantage is no longer assured. Having a…
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