Category: Oil and Gas business

Pipe that is created from steel plate rolled and welded in a helical fashion

Method used in Belgium according to which the calendar year is divided into schedules for the berthing of the LNG ships. This is a method that hopes to maximize plant utilization. Rules have also been set up in Belgium to promote secondary trades of shippers to resell slots that are not going to be used. It is also important that unbundled components of the slots (e.g. slot to berth a ship, LNG unloading, buffer storage and regasification services) are made available with sufficient prior notice so as to ensure that potential users with specific needs are not deterred by the need to purchase a complete slot

A gas well producing at a constant rate in which wellhead pressure changes no more than a small amount as a function of time. The actual amount of change permitted in a given time period to allow a well to be designated as stabilized may be fixed by law

Poor quality gas – natural gas containing more than 1-1/2 grains of hydrogen sulfide per 100 cubic feet.

One of the most important parts of gas processing involves the removal of sulfur and carbon dioxide. Because of the rotten smell provided by its sulfur content, this natural gas is called ‘sour gas’. This sulfur can be lethal to breathe and also very corrosive for pipelines or generation facilities. In addition, the sulfur that exists in the natural gas can be extracted and marketed on its own. Sulfur exists in natural gas as hydrogen sulfide (H2S), and the gas is usually considered sour if the hydrogen sulfide content exceeds 5.7 milligrams of H2S per cubic meter of natural gas. The process for removing hydrogen sulfide from sour gas is commonly referred to as sweetening the gas

Namely the flow of only one element, water, oil or gas

A thick, viscous emulsion containing oil, water, sediment and residue that forms because of the incompatibility of certain native crude oils and strong inorganic acids used in well treatments.

Two, three or sometimes even four joints of pipe joined together

Algerian State owned energy group and is the largest African O&G company, ranking # 12 globally for petrol, 2nd for LNG and 3rd for natural gas exports. Algeria pumps about 1.4 million barrels of oil per day and exports 62 billion cubic meters of gas a year, mostly to Europe