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Podcast: Digital Innovations in Oil and Gas with Geoffrey Cann
Episode: Money Under the Mattress: Turning Surplus Steel into Liquidity
Description: Oil and gas operators have always known that surplus equipment is part of doing business. Projects get cancelled. Long-lead items are over-ordered. Assets are parked in yards, warehouses, and sea cans "just in case." Over time, those decisions quietly turn into idle capital sitting on balance sheets, often forgotten until space runs out or write-downs loom. What's changed is the cost of ignoring it. Tight capital markets, tariffs, long lead times, and supply chain friction make surplus harder to justify. At the same time, operators face pressure to improve capital efficiency, demonstrate sustainability, and recover value from...