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The Petroleum Safety Authority Norway is worried about a rising number of serious incidents in the industry and has asked the companies to prioritize work on safety.

IPIECA, the global oil and gas industry association for advancing environmental and social performance, has scheduled a virtual workshop for 2 November to look at methane science, regulations, voluntary initiatives, and global expectations.

In an updated projection, Rystad said that a breakeven of only $50/bbl is needed to produce 100 million BOPD in 2025, reflecting the reduction in oil-production costs.

Primarily used in a few US states, waste-slurry-injection technology could help operators reduce cost, while also potentially reducing their carbon footprint. But the process may still present technical and environmental challenges.

New regulations have recently commenced with the effect that all onshore oil and gas exploration and production proposals involving hydraulic fracturing in Western Australia now will need to be referred to the Environmental Protection Authority for assessment.

In 2019, the oil and gas industry experienced 25 deaths, according to a new report released by the International Association of Oil and Gas Producers. This compares with 31 fatalities in 2018.

The EPCI contract for the Breidablikk development includes provision of flexible jumpers and rigid pipelines as well as pipeline installation work. About 70% of the value creation in the Breidablikk development phase is expected to go to Norwegian companies.

In another all-stock transaction, one of the largest operators in the Permian Basin is set to add nearly 250,000 acres to its portfolio and swell oil production to more than 300,000 B/D.

A federal court struck down an Obama-era regulation targeting methane leaks from drilling on public lands, arguing that it went beyond the scope of the Bureau of Land Management, which promulgated the rule. 

Cyberhawk will provide drone inspection, surveying, data visualization services, and inspection reports.