
IoT backbone of digitalisation for oil and gas, says GlobalData
According to GlobalData forecasts, the global Internet of Things (IoT) revenue in the energy sector is expected to reach US$59 billion by 2025, up from US$34 billion in 2019.
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According to GlobalData forecasts, the global Internet of Things (IoT) revenue in the energy sector is expected to reach US$59 billion by 2025, up from US$34 billion in 2019.

Nexstep, the Dutch National Platform for Re-use & Decommissioning, says it is the first time that wells from this many different operators will be removed together in one campaign.

Wood Mackenzie has released a report that discusses the uncertainties and issues impacting global demand, oil supply and refining markets this year.

Fugro has been contracted to support installation of an anchoring system for the FPSO vessel Sepetiba.

Heerema will use the semi-submersible crane vessel Sleipnir, which runs on emission-reducing LNG and has a lifting capacity of 20 000 t, to install the jackets at the Marjan offshore field.

The JV will see the creation of an OCTG 130 000 ft2 threading plant in Nashik, India, targeted to be operational by the end of 2022.

The company's new facilities in Angola will grant access to a global manufacturing footprint for chemical sourcing and production.

Will Scargill, Managing Energy Analyst at GlobalData, estimates that ExxonMobil's scope 3 emissions will increase by around 15% over the next five years.

The contract is expected to commence in July 2022, with a duration of 21 months.

Drilling operations have been completed on the Anchois gas project within the Lixus licence, offshore Morocco.

The Transocean Enabler will drill one carbon injection well and a sidetrack for another carbon injection well drilled early 2020 in support of the Northern Lights Carbon Capture Storage Project.

Valaris has been awarded two one-well contracts by Murphy Oil Corp. for semisubmersible VALARIS DPS-5.