
Trending Content on OGF
Debt-riddled Premier will emerge as Harbour, seen valued at around $5 billion.
The panel will renew its commitment to review equity concerns related to new energy projects.
Annual Deloitte/OGUK study highlights cost reduction, checks the role of the coronavirus and energy transition on collaboration bonds.
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Future proofing of pipeline network will assist the transition to green economy.
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The commission unanimously approved the rule that requires oil and gas operators to install zero-bleed or zero-emission pneumatic devices for both new and existing operations.
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With all critical components nearly in place, production is set to start this year at the Lingshui 17-2, China’s first ultradeepwater gasfield development project.
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The company will focus on renewables projects such as offshore wind farms and solar farms, gas solutions, production assets, and new energy solutions such as hydrogen and tidal energy.
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With its third capacity increase in 2 years of production, the third-largest oil field on the NCS is proving to be a powerhouse for Norway.
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The partnership aims to speed up the decarbonization of seven global industries representing 30% of global emissions, which include steel, trucking, shipping, chemicals, cement, aluminum, and aviation.
Project and Market Trends
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Supply chain companies have seen their profits squeezed since the E&P cost cuts of the previous downturn, and just as the industry could finally hope for better days, the COVID-19 pandemic caused the value of 2020’s awarded contracts to slump to a 16-year low of $446 billion.
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On the normally unmanned Valhall Flank West platform, the survey of a 1-year-old box boom pedestal crane featured auto-testing of the automatic overload protection system. A similar inspection program was performed on two knuckle boom cranes on a FPSO vessel in Skarv.
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WaveCrest Energy will develop, build, and own LNG assets to service underserved markets.
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China is seen as leading the way for consumption growth in the coming decades.
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Disputes that closed the plant 8 years ago are now resolved, said Italy’s Eni.
Technical Papers
A system was designed to extend the offshore wind-energy concept from the power grid to a subsea field-development application. The system integrates a floating foundation with a wind-turbine generator, with all the required utilities hosted directly onboard the same floater.