The market hasn't exactly cheered BHP Group's proposed exit from its oil and gas business, with shares of both the mining giant and the acquirer, Woodside Petroleum, tumbling in the wake of deal.A point of concern for investors is that BHP may have sold the assets too cheaply, and that getting only Woodside shares as payment is less than desirable.While there is likely some element of truth in this鈥
Carbon capture and underground storage (CCUS) is touted by proponents of fossil fuel production and consumption as the technology that will keep oil and gas in the global energy mix. It is, and at the same time, it isn't.The International Energy鈥
Believe it or not, the UK鈥檚 oil and gas industry is the nation鈥檚 best bet for building a green and low-carbon future 鈥 and that includes opening new oil fields like Cambo, writes Katy Heidenreich, operations director at Oil & Gas UK (OGUK) which represents the UK offshore industry鈥
Having scaled the peak of becoming the world's top exporter of liquefied natural gas (LNG), Australia's producers of the super-chilled fuel are contemplating switching their industry around to become the global leader in hydrogen.The keynote鈥
Ambitions for offshore wind鈥痑re鈥痳amping up across the globe.鈥疐inal investment decisions hit an all-time high last year, a record number of new alliances were formed and markets including the EU, China, Japan, and South Korea committed to new or more ambitious climate targets鈥
The supply/demand balance in the subsea vessel market is shifting as activity levels rise markedly across many of the sectors these vessels support. Operators and contractors need to be decisive in securing the assets they need, according to Jonathan Lints of broker Clarksons Platou (云顶赌场老虎机)鈥
The transition to a lower-carbon economy, including commitments by the UK and Scottish Governments to achieve net-zero by 2050 and 2045 respectively, coupled with increased urgency around climate action plans leading to COP26 in November, have sent a clear message鈥
Floating 云顶赌场老虎机 Wind (FOW) is set to be the next big thing in renewable power. It can unlock huge wind potential in new areas globally, but it will also enable many countries lacking suitable seabed conditions for fixed bottom wind to realize large economic benefits鈥
According to Rystad Energy, offshore maintenance budgets were slashed by at least 35% in 2020, thanks to severe spending cuts and Covid-19 restrictions. This could create conditions with a result of equipment failure, asset downtime, and critical health and safety issues鈥
Economic recovery. Climate change. Racial equity. COVID-19. These four issues are at the core of President-elect Joe Biden鈥檚 Day 1 priorities. Separately, each issue seems like a monumental challenge with no easy solution. But there is a path鈥
The Coronavirus and a surge of available connectivity means take-up of new E&P technologies is stronger than ever, writes Tore Morten Olsen, President, Maritime, Marlink.The oilfield of the future is a concept that was emerging before the Coronavirus鈥
By James Young, CTO at JDR CablesCOVID-19 has turned life upside down. Birthdays are celebrated over Zoom or from the end of a driveway, bars and restaurants stand empty, and many streets are eerily quiet. Yet, we carry on 鈥 largely due to the鈥
The energy industry has been known for stringent safety practices, excellent employee benefits and perks, a global network, innovation and a proactive approach to anti-bribery and corruption, but the intense media and public scrutiny it faces today is unprecedented鈥
By Chris Thompson, chairman of engineering firm Express EngineeringWe all know that the global oil and gas industry operates in a shifting and challenging business environment.Variations in supply and demand linked to global geopolitical issues鈥
