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Using a European Space Agency satellite, data analytics firm Kayrros pinpointed global locations of methane emissions and recorded a 32% increase in the overall volume of methane emitted from large leaks compared with the first 8 months of 2019.

Every year, SPE recognizes members who have made an exceptional effort to ensure the technical excellence of the Society’s peer-reviewed journals. For their contributions, the following individuals are recipients of the 2020 Outstanding Technical Reviewer Award.

TechnipFMC and McPhy signed a memorandum of understanding to work together on the development and project implementation of hydrogen technology. Separately, McPhy and Chart Industries also signed a memorandum to scale up hydrogen projects across various markets.

The memorandum of understanding with Microsoft follows a conditional investment decision made in May by Equinor, Shell, and Total. Pending Norwegian government approval, the final investment decision for the project is expected in late 2020 with startup expected in 2024.

The memorandum of understanding with Microsoft follows a conditional investment decision in May that Equinor, Shell, and Total made for the carbon capture and storage project.

The latest agreement between Wood and Equinor will begin January 2021. The contract follows recent agreements between the two companies for the Breidablikk development in the Norwegian Continental Shelf.

Deloitte discusses the “great compression” of the oil and gas industry in which companies’ room to maneuver is restricted. How can the industry avoid a talent gap and stop an organizational challenge from becoming a precarious business problem?

Tough talk about World Bank financing for oil and gas is a sign of the growing pressure to squeeze investing in fossil fuels as a way to slash carbon emissions.

Forty-four percent of oil production and 30% of natural gas production remain shut in as operators return workers to offshore platforms. Production from undamaged facilities are being brought back online once all standard checks are completed. Facilities with damage may take longer to bring back up.

Akers BP said it will use lessons learned from the pilot and scale the remote-assist concept across its assets.