Cloud computing allows oil and gas companies to scale their data management and storage, driving greater flexibility in infrastructure costs. The high computing power delivered via cloud platforms supports the adoption of other technologies such […]
Several large and small independent US oil and gas producers have filed for bankruptcy this year as their debt burden peaked and hopes of cash flow recovery plunged due to the downturn caused by the […]
Fugro has mobilised two additional vessels off the coast of New Jersey to support their ongoing site characterisation work for Atlantic Shores Offshore Wind, a joint venture between Shell New Energies US LLC (Shell) and […]
DNV GL has approved as qualified, technology for a full-scale demonstration project to remove carbon emissions at a waste-to-energy plant in Oslo, Norway. Gassnova, the Norwegian state agency for carbon capture and storage projects, is […]
International energy logistics provider Peterson has agreed a contract extension with Shell to provide quayside, warehousing and transport services from Peterson’s Lowestoft base. Peterson has supported Shell from the east coast of England since 2015 […]
A Rystad Energy assessment of the temporary tax relief package for the petroleum industry that Norway recently approved reveals that the move will improve exploration and production companies’ short-term liquidity and reduce breakeven prices for […]
Upwing Energy, an artificial lift technology company, and Mitsubishi Heavy Industries (MHI), an industrial firm, have been awarded the next phase of the Magnetic Drive System™ (MDS) project by DeepStar, a global offshore research and […]
Cyberhawk, global provider of drone-based inspection and creator of iHawk, a cloud-based asset visualisation software, has announced that it has secured a 5-year, multimillion-dollar software contract with Royal Dutch Shell plc (Shell). iHawk will become […]
Siemens has been awarded an order from Danish customer Semco Maritime to provide the main electrical equipment for the electrical service platform (ESP) of the offshore wind project Mayflower Wind LLC (Mayflower Wind). The project […]
Investments in solar and wind energy projects by the world’s oil majors until 2025 are expected to exceed USD 18 billion, a Rystad Energy analysis finds in an updated analysis adding clarifications and Repsol 2020 […]
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