Equinor targeting net-zero emissions by 2050
Equinor is preparing for an expected gradual decline in global demand for oil and gas from around 2030 onwards.
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Equinor is preparing for an expected gradual decline in global demand for oil and gas from around 2030 onwards.
The Liuhua 29-1 gas field, which recently completed commissioning, is located in the eastern South China Sea.
Ironbark-1 will test the giant Ironbark gas prospect, which has a best estimate of 15 trillion ft3 prospective recoverable gas resource.
Preliminary estimates place the size of the discovery between 0.5 and 1.6 million m3 of recoverable oil equivalent.
Neptune Energy has announced first gas production from the Adorf Carboniferous development in northwestern Germany.
Total reported net income of US$202 million, down 93% from a year earlier, but rebounding from a loss in 2Q20.
ExxonMobil has announced an estimated 3Q20 loss of US$680 million.
Chevron has reported adjusted earnings of US$201 million in 3Q20.
Oil prices have not taken a definite direction today, hovering around the low levels that Covid-19’s second wave brought upon the market this week.
The company's operating result for the third quarter was US$-27.9 million, compared to US$102.5 million last year.
EM&I is planning to show the latest developments in its NoMan remote inspection system on a full-size section of a typical FPSO tank between the 9 and 11 December 2020.
Smith Bits, a Schlumberger company, has introduced the StrataBlade* concave diamond element bit.