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Sustainability

Oil and Gas Companies Begin Turning to Renewables To Power Operations

IHS Markit says the industry’s “striking pace of growth” and a dynamic commercial environment are fueling the movement to zero-carbon sources.

July 15, 2020 • Judy Feder • Journal of Petroleum Technology
Floating production systems

Petrobras To Build Brazil’s Largest Platform

In its push to boost deepwater production, Petrobras is aiming to launch a leasing tender to build an FPSO described as Brazil’s largest-ever oil platform. Decommissioning work begins in the Campos and the Sergipe-Alagoas Basins.

July 16, 2020 • Oil and Gas Facilities
Emission management

Operator Consortium Pledges Emissions Cuts as Proportion of Production

Although based on “intensity” and not “absolute” emissions, oil giants say it’s a step toward net-zero goals for 2050.

July 16, 2020 • Lynnmarie P. Flowers • Journal of Petroleum Technology
Business/economics

US Gulf Lease Sale Set for November

Lease Sale 256 was originally set for August but was moved due to COVID-19’s impact on the oil and gas markets. Bids will be accepted by mail only due to the ongoing pandemic.

July 16, 2020 • Oil and Gas Facilities
Business/economics

Financing Secured for Mozambique LNG Project

The Mozambique LNG project expects to achieve financial close in Q3.

July 16, 2020 • Oil and Gas Facilities
Onshore/Offshore Facilities

JIP33 Publishes Spec for Welding of Pressure-Containing Equipment/Piping

IOGP JIP33 specifications comprise supplemental specification, quality requirements, information requirements, and a data sheet.

July 12, 2020 • Oil and Gas Facilities
LNG

LNG Transport Options Widen in North America

Larger-capacity LNG truck trailers and new regulations for transport by rail are providing more options for industrial consumers in remote locations.

July 13, 2020 • Oil and Gas Facilities
Water management

Petrofac JV Nabs $135-Million Contract for Kazakhstan Water-Treating Facilities

The North Caspian Project in Kazakhstan covers the Kashagan, Kairan, Aktoty, and Kashagan South West fields.

July 12, 2020 • Oil and Gas Facilities
LNG

Are Gas Pipelines Really Impossible To Build?

The growing opposition in the US for new natural gas pipelines comes as supply and demand continue to grow. Pipelines are necessary for the transport of the gas. Why is there a disconnect between the two?

July 13, 2020 • Nikos Tsafos • Oil and Gas Facilities
Sustainability

IEA Clean Energy Transitions Summit: First Step Toward Bridging Gap Between Ambition and Action?

Technology innovation, job creation, inclusive and equitable recoveries, and sustainable electricity headline discussions at high-level summit.

July 13, 2020 • Journal of Petroleum Technology

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