Oil and gas: why a new ecosystem for innovation is needed
Jacob Ruiter, InnoEnergy Benelux, assesses what the oil and gas industry needs to do to tackle the energy transition.
Stay up to date with the latest news and updates from the oil industry.
Jacob Ruiter, InnoEnergy Benelux, assesses what the oil and gas industry needs to do to tackle the energy transition.
2020 will be key as sector moves towards low-carbon future.
In this role, Holmes will serve as a member of the company’s executive team and will oversee the company’s Legal and Risk Department.
The 4-month survey will cover 2000 km2 of 3D in a shallow-water area of the Arabian Sea.
The contracts, for undisclosed clients in Australia, will see Skandi Singapore commence subsea project operations during 1Q20 for two major operators in the region over a period of 50 – 60 days.
The DTM-5H well marks the completion of the first of two new well clusters on the Tortue field, offshore Senegal and Mauritania, which will be tied back to the FPSO BW Adolo and boost oil output.
Cairn Energy has provided an update on its operations in the North Sea, West Africa and Latin America.
The company has reached an agreement with creditors that will equitise nearly all of its funded debt.
Wood will continue to work with Saudi Aramco to develop engineering design and implementation strategies to produce and deliver gas from shale and tight gas reservoirs.
According to research published by DNV GL, two thirds (66%) of senior oil and gas professionals are confident of industry growth in 2020, down 10 percentage points from the 76% recorded in 2019 – the peak of a surge in confidence from a low of only 32% in 2017.
The contract award is part of a total of £4 million in new business for the oil and gas consultancy.
The two rigs will be built collaboratively between IMI and Lamprell, with Lamprell’s share of project value amounting to circa US$350 million.