In the wake of the coronavirus and collapse in crude oil prices, chemical, and oil and gas, and midstream companies will all slash capital spending (capex) for growth projects to preserve cash. As a result, […]
Fugro, Geo-data specialist, has announced a strategic partnership with SEA KIT International, winner of the Shell Ocean Discovery XPRIZE. SEA-KIT is a global provider of hi-tech solutions to maritime and research industries, to develop a […]
The Norwegian Government has proposed a continuation of the financial support for the Technology Centre for CO2capture at Mongstad (TCM) through 2023. TCM, in Alver municipality in the Vestland county, has for several years been […]
The effect of the COVID-19 virus on global demand for oil and gas, along with an ongoing price war that has sent oil prices tumbling at an unprecedented rate, are poised to wreak havoc on […]
Recent high-level reports have tagged carbon capture and storage (CCS) as critical for achieving the UN’s global emissions reduction goals, with the maritime transport of CO2 emerging as an essential link in the decarbonisation chain. […]
Together with Shell and Total, Equinor has completed drilling a test well for CO2 storage in the North Sea. The objective is to investigate whether the reservoir in the area is suited for storage of […]
Equinor and partners Shell and Total have completed the drilling of confirmation well 31/5-7 Eos south of the Troll field in the North Sea. The purpose was to determine the suitability of the reservoir in […]
Equinor and Shell have signed a Memorandum of Understanding on digital collaboration to develop solutions and methods together through the exchange of expertise within areas like data science, artificial intelligence and 3D printing. The collaboration […]
The technology group Wärtsilä has been selected to supply the cargo handling system for a new 18,000 cbm LNG bunkering vessel. The ship is being built for Korea Line at Hyundai Mipo Dockyard in Korea. […]
Shell has chosen Maersk Convincer as Jack-up Rig of the Year 2019, recognising the rig’s successful operation offshore Brunei. The award is justified by consistent high performance across all parameters. In September 2017, Maersk Convincer […]
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