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Industrial Benefits of Argon GasArgon is a noble gas and its common application is in the creation of double glazed windows. This gas provides several benefits that enhance the heating efficiency of a house, thereby reducing heating cost. Read on and discover the major advantages of argon.Argon enhances the ability of a window to insulate through various ways. The thermal conductivity of argon is about 35% lower than that of normal air and this means that it will not conduct heat very quickly. W …

Understanding MIG/MAG Welding Process, Machines and Accessories.Metal Inert Gas (MIG) / Metal Active Gas (MAG) welding refers to a group of arc welding processes that use the heat generated by a DC electric arc to fuse the metal in the joint area. A continuous electrode (the wire) is fed by powered feed rolls (wire feeder) into the weld pool.An electric arc is created between the tip of the wire and the weld pool. The wire is progressively melted at the same speed at which it is being fed and fo …

Halliburton plans sale of Baker’s offshore fluids unitAlmost 16 months after announcing its takeover of oilfield services rival Baker Hughes Inc., Halliburton Co. is adding yet more assets to the list of businesses it plans to sell to appease antitrust regulators who’ve been stalling the deal as reported by world oil.Halliburton plans to divest Baker’s offshore drilling-and-completions fluids division and the bulk of Baker’s completion systems, according to people familiar with the matter. …

Shell sells its interest in Maclure field(UK) to Noble UpstreamOffshore Energy Today reports that Nobel Upstream, the independent UK-based exploration and production company, has signed a sale and purchase agreement to acquire a 7.59 percent non-operated interest in the Maclure oil and gas field, in the UK North Sea, from Shell.Completion of the transaction remains subject to necessary approvals.The Maclure field was discovered in 1991 and put into production in 2002. The field is currently …

Maersk Oil (Danish Oil Company) lost $2.1bn in 2015Danish oil company Maersk Oil made a loss of $2.1bn in 2015, compared to a loss of $861 million in the full year 2014. According to the oil firm, the result was negatively affected by impairments after tax of $2.6 billion due to the low oil price expectationsn reports Offshore Energy Todayhe underlying profit was down to $435 milion, from $1 billion a year ago, negatively impacted by lower average oil prices but positively impacted by a hi …