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The Hydrogen Offshore Production project identifies an alternative to decommissioning by providing reuse options for offshore infrastructure. It aims to prove the feasibility of decentralized hydrogen generation, storage, and distribution to provide a bulk hydrogen solution.

The deal includes 15 global sites and over 1,700 staff expected to transfer to INEOS upon completion of the sale. The deal also follows BP’s announcement earlier in the month that it would cut 14% of its workforce.

Askeladd Vest is Phase 2 of the Snøhvit gas development, which is expected to see an FID this year.

Two of the biggest assets to suffer from the new valuation are in Australia. Shell’s QGC venture and its floating liquified natural gas facility, Prelude, have been reduced in value by up to $9 billion.

Approaches to carbon abatement using petroleum are discussed that have a strong chance to succeed in fulfilling technological and economic goals in reducing carbon.

If we must reduce emissions to make our industry “greener,” what are some of the options that we can apply?

For the first time, attendees will have open access to both societies’ technical programs, a combined exhibit floor, and joint networking events.

Denbury Resources needs enhanced debt reduction. The company that does enhanced oil recovery using carbon dioxide it produces and transports has skipped a payment to creditors while it seeks a deal that would reduce its debts.

Operations during the COVID-19 pandemic and actions to decarbonize operations are among the highlights.

In response to increasing demand for remote offshore services, Fugro has completed the Middle East’s first fully autonomous geophysical shallow-water route survey.