Hunter Hunt, Chairman and CEO of Hunt Energy, is sitting down for a virtual fireside chat with Cris Eugster, COO of CPS Energy, to discuss the need for investing heavily in emerging technologies in energy at the EPIcenter Global Lecture Series (GLS) on October 21.
One year after the field came on stream digital solutions are key to maintaining high safety standards and value creation in all parts of the operations at Johan Sverdrup. This has increased earnings by more than NOK two billion.
The global energy market is on the brink of a major transition to cleaner sources of energy.
Following ConocoPhillips’ US$9.7bn acquisition of shale rival Concho Resources;
Offshore investments are expected to rebound from 2021 and oil and gas operators will be looking for yards to build new facilities, with 40% of these contracts expected to be floating production storage and offloading (FPSO) units in the next five years.
Two leading energy industry entrepreneurs have launched a family investment company which will support fledgling technology enterprises with development capital and decades of experience gained building international businesses.
Mermaid Maritime Public Company Limited (the “Company”) announces that it shall be establishing an indirect majority owned subsidiary, Mermaid-MOE JV Co., Ltd. (“MMJV”), in Thailand.
Gas to liquids (GTL) plants can be installed at oil production facilities to capture the associated gas that is otherwise flared off. This approach provides oil producers with an additional way of generating revenue, says GlobalData, a leading data and analytics company.
Equinor is the operator of 20 projects under development on the Norwegian continental shelf, or at Norwegian onshore plants. The Covid-19 pandemic and weakened Norwegian krone have negatively impacted some of the projects, but the combined project portfolio is still very resilient.
Siemens Gamesa’s massive 14-megawatt (MW) wind turbine is set to become commercially available from the mid-2020s, furthering the industry’s push for larger and more efficient facilities.
Siemens Energy and Bentley Systems, Inc. (Bentley) have announced a joint solution that delivers intelligent analytics derived from domain experience to reduce operating expenditures associated with oil and gas assets.
Following the announcement that Chrysaor Holdings and Premier Oil have proposed to merge businesses;
The global oil and gas market demand for large-diameter offshore pipeline, known as trunkline, is set for an annual drop of 26% this year, with the size of total installations forecasted to reach 2,150 kilometers (km), a Rystad Energy analysis shows. This downturn’s impact on trunkline demand is, however, lighter than that of 2016, and recovery is likely to be swift, led by projects in the Middle East.
The South American oil and gas pipelines sector has been impacted by weak demand and low oil and gas prices as a result of COVID-19.
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