Plains All American Pipeline, LP (PAA) has entered into a definitive purchase and sale agreement with Occidental Petroleum Corp. for the purchase by PAA of Occidental’s 50% interest in BridgeTex Pipeline Co. for approximately $1.1 billion. The BridgeTex pipeline is a new 300,000 barrel-per-day crude oil pipeline system that extends…
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3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today
Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.