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The deal is part of BP’s plan to divest $10 billion in the North Sea so that it can focus on developing core growth areas and construct more cost-effective subsea tiebacks in the region.

Equinor has released its plan for eliminating carbon dioxide emissions in Norway by 2050, but it comes with some tall technical challenges.

A significant discovery of oil off Suriname increases the odds that major oilfields off Guyana will extend across that international boundary.

The move allows Venture Global further evaluate pipeline route alternatives that could reduce impacts in tidal marsh environments along the Mississippi River.

The company will shell out more than $800 million to acquire interests in the Andrew and Shearwater areas, as well as the Tolmount field, offshore Scotland.

BP says it will supply Amazon Web Services with 170 MW of renewable energy, the equivalent of powering 125,000 homes each year.

The new feature comes from the desire of readers and reviewers to broaden the scope of JPT’s coverage of developments related to digital transformation and the applications that the industry can derive from these exciting possibilities.

Meeting the challenge of climate change requires worldwide action from all sectors of society. Throughout this transition, oil and gas will have a role to play within the mix of energy sources to meet the need for affordable and clean energy products and services.

Telecommunication companies will spend the next 12 months rolling out 5G service for cell phone users across the United States while a Houston company seeks to become the first to provide the ultrahigh-speed technology to oil and gas industry customers in the Permian Basin.

As a result of its investigation into the incident and its findings, the bureau recommends that operators increase scrutiny in the design, placement, and maintenance of their subsea infrastructure.

As capital markets dry up and shale producers look for pathways to growth, oil and gas data analytics firm Enverus predicts the US sector will see a “surge” in mergers and acquisitions in 2020.

The agreement comes 8 months after Saudi Aramco agreed to take a 25% ownership interest in the southeast Texas project. Phase 1 of the project is expected to produce 11 mtpa of LNG.