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Hit by the pandemic, the oil market crash, and the transition to a low-carbon energy future, exploration companies are spending bare budgets on near-term production and high-impact exploration.
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Two technologies that may play a part in the decarbonization of the UK energy business are carbon capture, use, and storage and the use of hydrogen for energy transportation and storage. This approach builds on the UK’s gas-network infrastructure, which can be repurposed to avoid becoming stranded.
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The Hydrogen Offshore Production project identifies an alternative to decommissioning by providing reuse options for offshore infrastructure. It aims to prove the feasibility of decentralized hydrogen generation, storage, and distribution to provide a bulk hydrogen solution.
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McDermott’s restructuring comes 5 months after it filed for Chapter 11 protection. The company was struggling with debt since its 2018 acquisition of CB&I.
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The paper reviews the types of renewable energy used in oil and gas fields that have appeared in the literature. Use of renewables offers many advantages, including saving hydrocarbon resources, minimizing the oil industry’s GHG emissions, and enhancing its public image.
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The inspection projects to assess water ingress will be done via remotely operated vehicle.
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Most crude exports coming out of the North Sea since March have been destined for Asia, where floating storage levels remain high.
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Approaches to carbon abatement using petroleum are discussed that have a strong chance to succeed in fulfilling technological and economic goals in reducing carbon.
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If we must reduce emissions to make our industry “greener,” what are some of the options that we can apply?
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This paper presents novel approaches to carbon abatement using petroleum that have a strong chance to succeed in fulfilling technological and economic goals.