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When you think about the Internet of Things, do you think about the extensive global subsea communications network?
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Fugro appointed former Statoil chairman Øystein Løseth as CEO. Løseth will join Fugro's board of management on 1 January 2018, beginning a transition period that will last until his eventual assumption of the CEO role on 26 April. He served as Statoil's chairman from 2015 to 2017, and served as an independent director with the company for 3 years prior. From 2010 to 2…
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Ray Riddoch has been named co-chairman of the board of directors of Oil & Gas UK. Riddoch currently serves as UK managing director and senior vice president for Nexen's European operations. Riddoch has more than 30 years of upstream experience in the UK, Europe, and Africa. He was appointed managing director at Nexen in July 2015 after joining the company in 2011. Pri…
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If proven economic, solar EOR technology could represent an environmentally and energy friendly solution for California’s heavy oil producers.
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With their newly refined portfolios, operators are looking toward growth in the coming years but will remain cautious given ever-changing industry economics.
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Optimism is slowly returning to the Norwegian E&P sector and an upcoming seminar will address the most vital issues facing the industry.
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The Trump administration is considering easing offshore oil and gas safety regulations, including eliminating certain requirements for Arctic drilling , and cutting testing requirements for rules developed in response to BP's Deepwater Horizon disaster, an Interior Department document showed.
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Public perceptions matter. The industry needs to take a proactive and solution-centric position with respect to the Paris Agreement and join the battle for the clean and affordable kilowatts of energy the markets will increasingly favor.
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With the API and a multi-operator group passing separate programs aimed at reducing methane emissions, the discussions on what defines an acceptable level of regulation continues within the industry.
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ExxonMobil will lead the construction and operation of all future natural gas liquefaction and related facilities and assume midstream operations in Mozambique’s Area 4. Eni will continue to lead the Coral floating LNG project and all upstream operations.
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The US Energy Information Administration reports that increased liquefaction and utilization from new facilities has led to a jump in LNG exports in 2017.
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On 23 May 2017,the Ukrainian parliament adopted the Law of Ukraine "On Environment Impact Assessment." The newly adopted law requires mandatory assessment of effect on the environment of certain industrial objects and activities.
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