The UK North Sea will welcome more cash from overseas to bridge the gap left by traditional investors who are turning their backs on oil and gas, a new report said.
Engineering firm ALE has published impressive footage of Shell's Brent Bravo platform being loaded onto the quayside at a yard in Teesside ahead of dismantling.
Global giants of the oil and gas industry – the so-called supermajors – are looking to sell assets that could fetch a total $27.5 billion, according to Rystad Energy’s latest assessment.
DecomWorld – part of Reuters Events- today announced the global E&P delegations already confirmed to attend their 2020 Decommissioning and Abandonment Summit along with an international operator speaker faculty
The timing of oil giant Shell’s decision to acquire French floating wind firm Eolfi is “very sensible”, but isn’t likely to herald a revolution in how it invests its money, according to a top energy expert.
The UK oil and gas sector must be alive to the threat of rising costs in its quest to become the global expert in cost-effective decommissioning, industry experts have warned.
It was the beginning of an exciting week when Greenpeace announced they had sent activists to the middle of the North Sea to climb the remains of Shell’s Brent platforms, brandishing signs of “clean up your mess”.
While low LNG spot prices have taken their toll, the Europe’s two major players in the sector, Total and Shell, performed strongly in the third quarter.
The size of the prize in floating offshore wind is “immense” and should involve the big oil and gas majors, according to the renewables boss of Norwegian energy giant Equinor.
The seven majors must cut production by 35% by 2040, and emissions by 40%, if the world is to warm by only 1.6 degrees Celsius, according to a new report from Carbon Tracker Initiative.