Wood partners with Spirit Energy to extend Morecambe Bay gas field life
The five-year consolidated services contract will see Wood work to extend field life, lower costs, and reduce late life carbon intensity.
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The five-year consolidated services contract will see Wood work to extend field life, lower costs, and reduce late life carbon intensity.
SIAD Macchine Impianti has designed and built a booster compressor for a FPSO operating in the offshore marine area of Foinaven, to the west of the Shetland Islands.
OSSO, formerly Centrifuges Un-limited, the specialist fluid temperature control and separation solutions provider, has appointed James Scullion as CEO.
Oil prices are steady after early losses, as traders put hopes on China’s economy, a positive note against renewed Covid-19 concerns.
Total has said that API's climate positions were only "partially aligned" with its own.
The discovery was achieved at the SEMZ-11X well located 10 km west of Zarif field, the nearest producing field.
The transaction is one of the largest oil and gas financings in Africa in more than a decade, with a financing component of US$1.1 billion.
Following completion of the acquisition Union Jack will hold a 45% interest in the project.
The US Energy Information Administration expects production of all fossil fuels – crude oil, coal, dry natural gas, and natural gas plant liquids – to increase in 2022, but forecast fossil fuel production will remain lower than the 2019 peak.
The contract was first announced in Maersk Drilling’s May 2020 Fleet Status Report.
The job is being performed on several pads for Cimarex Energy Co. in the Permian Basin.
The clean-tech company has endeavoured to make the oil and gas industry greener, through experimenting with using floating wind and wave energy to power oil and gas facilities.