Browse the latest oil & gas news news and articles.
Mike Tholen, OEUK Sustainability and Policy Director, said: “It is vital our North Sea reserves are produced as sustainably as possible, so we can continue to protect the nation’s energy security while reducing our carbon footprint and building the low carbon energies of the future.”
The project will include carbon capture units at the Habshan gas processing plant, pipeline infrastructure, and a network of wells for CO2 injection.
Halliburton Company has introduced a new data science-driven platform that helps operators design, build, and operate end-to-end electrical submersible pump (ESP) monitoring solutions.
The company has announced that its subsea robotics group is introducing a new uncrewed surface vessel (USV) service to support remote survey work scopes.
INEOS Energy will partner with SLB’s Performance Centre in Aberdeen, to collaborate and innovate subsurface technologies.
The players aim to bring a new level of intelligence and performance to drilling rigs.
According to Rystad Energy, Norway and the UK have overcome recent challenges and are on course to achieve significant milestones due to notable increases in investments, exploration success and production.
Eni has announced the signing of an agreement with Oando PLC for the sale of Nigerian Agip Oil Company Ltd, the wholly Eni-owned subsidiary focusing on onshore oil and gas exploration and production in Nigeria, as well as power generation.
Greenhouse gas emissions from UK offshore oil and gas production were cut for the third consecutive year in 2022 as the industry continued its drive to reach net zero by 2050.
The Yggdrasil and Valhall PWP-Fenris offshore development project which are to be built on the Norwegian Continental Shelf has entered into the construction phase.
The agreement is a significant step forward in advancing exploration in the Lower Congo Basin.
Wintershall Dea and its partners Petoro and Sval Energi have successfully installed an additional subsea template on the seabed at Haltenbanken on the west coast of Norway.