Posts Tagged ‘World Bank’

ISO 50501: The Innovation Game Changer

Digital Transition requires agile and efficient Innovation management, especially in collaborative mode. This article describes the forthcoming ISO 50501 Innovation Management Standard and explains how this new standard and related series (ISO 50502, ISO 50503, ISO 50504, ISO 50505) can help to improve innovation processes. It takes the example of the collaborative platform Industrie 4.0 Smart Platform® as an existing tool to facilitate the implementation of the ISO 50501 standards in practice for collaborative innovation.

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Tullow to reach final investment decision in Mauritania Gas-To-Power

Xodus completes FEED on Banda Gas production The Houston-based engineering company Xodus Group (Xodus) is currently completing the front end engineering and design (FEED) work for the development of the offshore Banda gas field as the upstream part of the Mauritania Gas-To-Power project. In a similar scheme to the Kudu […]

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Statoil and SOCAR to increase cooperation in Azerbaijan

Statoil aims at major interests in giant Umid gas field  In January 2013, the Norwegian Foreign Minister Espen Barth Eide supported by Statoil International development and production chief Lars Christian Bacher paid a state visit to Azerbaijan President Ilham Aliyev to promote the Norway national oil company to increase the […]

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KBR to provide cracker technology to Cambodia first refinery

SINOMACH and CPC to build first Cambodia refinery On December 28th 2012, China Perfect Machinery Industry Corp (SINOMACH) and Cambodia Petrochemical Corporation (CPC) made the final investment decision (FID) to build the first crude oil refinery in the Kampong Som Petrochemical Industrial Zone along the southern coast in Cambodia. This […]

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World Bank and EBRD call to cut global gas flaring by 30% in 2017

World Bank and European Bank for Reconstruction & Development to provide funding to reduce flared gas The World Bank and the European Bank for Reconstruction and Development (EBRD) are calling the oil companies and the producing countries to cut the gas flaring by 30% in the next five years. According […]

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Ecopetrol and major companies to prospect shale gas in Colombia

Canacol, ExxonMobil, Nexen, Shell lead exploration The national oil company Ecopetrol invites international oil companies such as Canacol, ExxonMobil, Nexen, Shell for partnership to explore and develop shale gas in Colombia. Ecopetrol is owned at 88.5% by the Colombian Government while the remaining shares are floated at the Bogota and New […]

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