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The company has launched new climate ambitions to reduce the absolute greenhouse gas emissions from its operated offshore fields and onshore plants in Norway by 40% by 2030, 70% by 2040, and to near zero by 2050.

The deal comes months after the jointly owned Petrogas NEO UK acquired several UK North Sea assets, including a $635-million purchase of Total's stakes in various fields last July. The 2-year deal with Petrofac is valued around $50 million.

Managing noise exposure is complex in terms of accurately assessing sound levels, identifying and ranking the dominant noise sources, and finding effective control solutions.

Talos is hoping to retain its operatorship of the major discovery it made in 2017 offshore Mexico after a reserves audit confirmed the reservoir is shared between two offshore blocks.

Despite having some of industry’s most hazardous working environments, a sector that pioneered the adoption of digital technology has been slow to exploit artificial intelligence and machine learning in the area of health and safety.

Chevron has evacuated all of its American oil workers from Iraq following the recent US airstrike in Baghdad.

Aker Solutions has signed a contract to provide subsea control systems for Phases 4 and 5 of Beach Energy’s Otway project offshore Victoria, Australia. The order includes 7 sets of Vectus subsea control modules (SCMs), which will be backward compatible to the existing topside MCS and EPU, along with associated stab plates and testing equipment.

A new joint study will test the economic viability of taking CO2 from a cement plant and giving it to an oil company to pump underground.

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.