Oil and gas majors told to prepare for ‘major production drop’ by 2030s
Oil and gas majors are being warned they must plan for a “major production drop” in order to hit the 1.5°C Paris Agreement target.
Oil and gas majors are being warned they must plan for a “major production drop” in order to hit the 1.5°C Paris Agreement target.
DNG Energy will work with Imperial Logistics to examine the use of LNG as a diesel alternative in South Africa.
A senior figure at BP has hailed net zero for offering the oil and gas giant a chance to become a “better company”.
Egypt has agreed to export natural gas to Lebanon, via Jordan and Syria, following a meeting involving the four states’ energy ministers in Amman.
Helmerich & Payne (H&P) will buy into Adnoc Drilling’s upcoming IPO, with the Abu Dhabi company buying eight land rigs from the US company.
Offshore wind and oil and gas decommissioning projects boosted first half profits at James Fisher and Sons.
TotalEnergies has appointed a new head of exploration and production, Nicolas Terraz, and to the executive committee.
Small energy suppliers in the UK are going out of business as natural gas and power prices reach record highs across Europe.
Penspen has won a clutch of contracts worth $70 million in the Middle East and Africa, dominated by new agreements with Adnoc.
A video shows the damage caused by Hurricane Ida on the US Gulf Coast.
Ithaca Energy has employed Heerema’s Thialf heavy lift vessel, the second largest in the world, to remove its small Jacky installation, around 12 miles east of the Moray Firth.
The government of Bangladesh has shortlisted eight potential global companies, including ExxonMobil and TotalEnergies, as well as various Japanese players, to build the South Asian nation’s first onshore liquefied natural gas (LNG) import terminal. Significantly, the proposed 7.5 million tonne per year (t/y) LNG processing facility would double Bangladesh’s import capacity.
Brunei Shell Petroleum has rolled out measures in an attempt to ward off disruptions to oil and gas production in Brunei following a significant number of Covid-19 infections detected at offshore platforms in the Champion field, the country’s biggest source of hydrocarbons.
An oil spill unleashed by Hurricane Ida is highlighting longstanding concerns about the more than 18,000 miles of decommissioned pipelines that still snake through the Gulf of Mexico, even though they no longer transport crude and natural gas.
It is hoped the creation of offshore renewable hubs could provide an alternative to decommissioning oil and gas assets.
Orkney is pushing ahead with plans to develop the Lyness port into a decommissioning base after a snub from the Ministry of Defence (MoD) over a decades-old oil spill.
International logistics firm Peterson has announced the appointment of Sarah Moore as its new CEO.
Neptune Energy, the private equity-backed explorer, is considering options including a merger with Harbour Energy that could create one of Europe’s largest independent oil and gas companies, people familiar with the matter said.
Nigeria’s state oil company is considering an initial share sale after posting the first profit in its 44-year existence.
Sasol and the Central Energy Fund (CEF) have signed a memorandum of understanding (MoU) on accelerating gas developments in South Africa.
Aquaterra Energy has signed a master engineering and design service agreement to provide multiple of its Sea Swift platforms to Angola.
Social enterprise AFBE-UK Scotland has teamed up with Aberdeen University’s School of Engineering to support its diversity and inclusion strategy.
Chariot has signed a contract for the Stena Don rig to drill a well on its Lixus licence, offshore Morocco.
Shell has signed a strategic partnership agreement with Kongsberg Digital, with a focus on improving well performance and delivery.
United Oil and Gas and newcomer Quattro Energy have entered a binding sale and purchase agreement for two licences in the Central North Sea.