North Sea
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Updates about global exploration and production activities and developments.
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The $1.24 billion project is expected to tap up to 90 million BOE.
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This paper assesses the opportunity for an integrated and circular approach to developing the offshore energy sector for the energy transition. It evaluates how offshore wind, green hydrogen production, and heritage oil and gas expertise can be brought together to benefit all sectors to support a viable green hydrogen and wind economy.
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The North Sea Transition Authority has previously said failure to invest in platform electrification could threaten future production rights.
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The project aims to store 5 million tons of CO₂ annually, equivalent to a third of the total CO2 emissions from Dutch domestic vehicles in 1 year.
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A pilot project will explore onboard carbon capture for container ships, and two heavy-hitters are teaming up to find decarbonization paths in the Asia Pacific region. Elsewhere, wind and solar are on track to pass coal in the race to generate electricity.
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Updates about global exploration and production activities and developments.
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The Haewene Brim FPSO will need repairs to a pair of mooring connections before it can restart operations.
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Find could hold as much as 130 million BOE.
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The subsea field tied back to Grane is expected to produce 60,000 B/D at peak.