A consortium of TotalEnergies, Corio Generation and Qair has been pre-selected by the French Directorate General for Energy and Climate to participate in a competitive tender to develop two floating windfarms in the Mediterranean Sea. SourceContinue Reading
The C-Kore tools were used to test the electrical integrity of the subsea assets, giving quick feedback to the operator for their maintenance decisions on the field. SourceContinue Reading
OPEC+ responded to months of diplomatic efforts from US President Joe Biden with one of the smallest oil production increases in its history. SourceContinue Reading
Oil-watchers are skeptical that OPEC+ will answer President Joe Biden’s call for more oil supplies when it meets on Wednesday, expecting the coalition to preserve its remaining capacity for another time. SourceContinue Reading
Out of $8.45 billion in profits BP posted for the second quarter, $3.5 billion will be used to buy back the company’s own shares, and the dividend will rise by 10%. SourceContinue Reading
Quarterly and annual results only give you a snapshot showing what has been happening in recent months, so they do not tell you much about longer-term trends, said Will Webster, energy policy manager at Offshore Energies UK. SourceContinue Reading
CGG, a global technology and HPC company, announced a major multi-year global data transformation and curation agreement with bp, that will play a key role in supporting bp’s Subsurface digital strategy. SourceContinue Reading
Wood has been awarded the Principal Designer and Pre-FEED scope for Salamander, the 100MW floating wind farm development located 35km off Peterhead in the East Coast of Scotland. SourceContinue Reading
Eni SpA is planning a second liquefied natural gas production vessel offshore Mozambique that could be built in less than four years to help Europe diversify supplies of the fuel, according to a company executive. SourceContinue Reading
The report highlights the need to fully understand the scope and scale of the challenge for these sectors and identifies a significant gap versus the pace of decarbonization necessary to achieve net-zero goals to limit global warming to 1.5C by 2050. SourceContinue Reading
