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In his first public appearance, Schlumberger’s new CEO said the company would focus on digitalization and restructure some operations.

With a production capacity of nearly 20 mtpa, Wood Mackenzie says the project would be the largest single project to reach FID. Novatek plans to spend more than $21 billion to launch the project at full capacity. Startup is scheduled for 2023.

Visually displaying data makes it much more accessible, and this is critical for identifying the weaknesses of an organization, accurately forecasting trading volumes and sale prices, and making the right business choices.

Subsea 7 has received a contract from Total for the Lapa North East field in the presalt Santos Basin. The contract’s scope includes the transport, installation, and pre-commissioning of 22 mi of flexible pipelines and 12 mi of umbilical, connecting five wells to the FPSO Cidade de Caraguatatuba. Offshore activities are set to start in 4Q 2019.

Apache has announced the extension of life-of-field contracts between its North Sea subsidiaries and PD&MS Group, Global E&C, and Wood Commissioning Services. The extensions cover the provision of ad-hoc design, engineering, procurement, construction, and commissioning services across the Beryl and Forties fields. Apache, which has been working with the companies sinc…

The move to split oversight of Aramco from the Energy Ministry ends decades of tradition but is designed to avoid conflicts of interest ahead of what could be the largest IPO in history.

Artificial intelligence tools present many opportunities for the energy industry, and, as technological concepts leave the realm of science fiction, companies have started to grasp what is possible. What roles do culture and ethics play in helping companies understand the digital revolution?

The UK’s leading oil and gas industry body says the industry can reduce emissions while meeting the region’s energy demand.

The Oil & Gas Technology Centre has announced it will create, in partnership with industry, a Net Zero Solution Centre to accelerate the development and deployment of technologies to decarbonize offshore operations and develop the UK continental shelf as the first net zero oil and gas basin.

Recent exploration success in the North Sea has motivated Total to invest some $10 billion in the basin over the next 5 years.

Safety champions of the North Sea have been recognized at the 2019 Offshore Safety Awards in Aberdeen for striving to improve safety across offshore operations on the UK continental shelf.

Oil and gas producers might have been expected to welcome a decision to loosen regulations affecting their business. But, their reaction to the Trump administration’s move to roll back methane-emissions rules revealed at least tactical divisions on climate policy.