offshore

The UK’s offshore oil and gas industry has committed to halving operational emissions in the next decade, confirming its pathway to becoming a net-zero emissions basin by 2050.

Potential suitors to acquire Chevron’s stake in the LNG project include co-owner and operator Woodside.

A new idea from Equinor calls for autonomous submarines to transport CO2 from the surface to the seabed. The Norwegian operator says the shuttles could also carry oil and water for injection.

The meeting with project partners comes less than a month after Mammoet was awarded an unloading, transportation, and installation contract.

Although these look like ordinary tankers, they are unique and run on LNG and recovered oil vapors.

A blockchain pilot program conducted by an oil and gas consortium has shown promise in automating payments for oilfield water handling.

The complete paper discusses a method of stimulating deep, high-temperature offshore wells by combining an efficient single-phase retarded acid (SPRA) system and an engineered, degradable, large-sized particulate and fiber-laden diverter (LPFD).

The contract is Mammoet’s biggest in terms of aggregate tonnage. The Arctic LNG 2 project reached FID in September 2019.

Schlumberger plans to restructure by focusing on basins and divisions in line with customers’ E&P workflows.

While a year with less than 200 subsea tree awards seems uncommon, a year with less than 100 awards is an even rarer sight. It has only happened once before since the turn of the century, in 2016 following the oil price crash of 2014–2016.