Energy Transition
News
April 17, 2024
In the Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasted that U.S. liquefied natural gas (LNG) exports will keep leading the U.S. natural gas sector as three LNG export projects soon begin operations and reach full production by the end of 2025.
News
April 17, 2024
The collaboration combines Seatrium’s insights into trends and opportunities within the O&M sector with the research capabilities of A*STAR and its National Platforms such as the Technology Centre for Offshore and Marine, Singapore. The parties aim to boost the O&M sector’s pivot to new energies efficiently and reliably, and support the global transition to a low-carbon economy.
News
April 16, 2024
Once completed, the N05-A Platform will be the first electrified gas production platform in the North Sea, which will run entirely on offshore renewable energy from the nearby Riffgat offshore wind farm.
News
April 16, 2024
The Future Energy Fund III “enables Chevron to see around corners, evaluate long horizon bets not currently connected to our business,” the company said, citing fusion, direct air capture and batteries as examples.
News
April 14, 2024
In a session entitled, "Electrification of Subsea Developments and Brownfield Infrastructure," at the 2024 Marine, Construction & Engineering/Deepwater Development Conference in Amsterdam, panelists from SLB, Saipem and FASTsubsea addressed what is one of the more intensive efforts in upstream oil and gas—electrification of deepwater assets.
News
April 08, 2024
Jamie Dimon said U.S. delays of liquefied natural gas (LNG) projects were done for “political reasons” to pacify those who believe oil and gas projects should be stopped — a position he calls “wrong” and “enormously naïve.”
News
April 08, 2024
Baker Hughes will supply a range of turbomachinery equipment, including four electric-driven main refrigeration compressors, two electric-driven boil-off gas compressors and six centrifugal pumps.
News
April 07, 2024
Chevron New Energies, a division of Chevron U.S.A. Inc., announced a lead investment in ION Clean Energy, a Boulder-based technology company that provides post-combustion point-source capture technology through its third-generation ICE-31 liquid amine system.
News
April 04, 2024
Johnson, speaking in an Easter interview on Fox News Sunday, hinted that he planned to bring a Ukraine aid package that could include language reversing the permitting pause to the floor after the House returns from its spring recess April 9.
Article
March 2024
Coiled tubing drilling is an excellent example of how existing technology can help move the oil and gas sector towards net zero.
News
April 04, 2024
All installations on the Utsira High are now receiving power from shore, saving emissions amounting to about 1.2 million tonnes of CO₂ per year.
News
U.S. shale drillers to reduce Permian drilling emissions, increase reliability with nuclear reactors
April 01, 2024
Diamondback, the largest independent producer headquartered in the shale-oil region, has signed a nonbinding letter of intent with Oklo Inc. to deploy small reactors for some of its future power needs, according to Diamondback President Kaes Van’t Hof.
News
March 31, 2024
Seaway7’s scope includes the transport and installation of four substations. Offshore activity is scheduled to take place in 2026 utilizing both our heavy lift and heavy transportation vessels.
News
March 31, 2024
The 19 conventional LNG vessels have a capacity of 174,000 m3 each and will be equipped with the latest LNG shipping technologies to achieve optimal fuel efficiency and reduce carbon emissions.
News
March 31, 2024
The main objective of the MOU is to evaluate the feasibility of the CCS value chain, including capture of CO2 emitted from industries located in Japan, including JX’s affiliates, and transportation by ship from Japan to Chevron’s greenhouse gas storage portfolio in Australia.
News
March 28, 2024
Bringing together complementary technology portfolios, leading process design expertise and an established project delivery platform, the combination will leverage ACC’s commercial carbon capture product offering and SLB’s new technology developments and industrialization capability.
News
March 26, 2024
The Scarborough field is located approximately 375 km off the coast of Western Australia and the reservoir contains less than 0.1% carbon dioxide. Scarborough gas will be processed at the Pluto LNG facility, where Woodside is currently constructing Pluto Train 2. Woodside is operator of Pluto LNG and Pluto Train 2.
Article
March 2024
Electrification is the most practical solution for decarbonization, especially as renewable generating capacity increases and momentum to electrify vessels, including FPSOs, continues to build. However, the industry still faces headwinds, including high upfront costs, a lack of supporting infrastructure and properly trained personnel, and gaps in standards.
News
March 25, 2024
Shell New Energies US LLC has sold its 50% equity share in SouthCoast Wind Energy LLC to joint venture partner Ocean Winds North America LLC.
News
March 25, 2024
JERA will consider buying 500,000 tons a year, or half the ammonia produced from Exxon’s proposed low-carbon hydrogen project in Baytown, Texas, the companies said in a statement. Hydrogen can be converted into ammonia for shipping and storage, then burned cleanly to produce electricity.
News
March 22, 2024
During the late morning of last Monday, March 18, a CERAWeek session entitled “Strategic Choices in a Net Zero World” prompted a lively discussion among several panelists. Among the panelists were Liza Mustapha, Executive Vice President & Group Chief Financial Officer, Petronas; Jean Paul Prates, Chief Executive Officer, Petrobas; and Meg O’Neill, Chief Executive Officer & Managing Director, Woodside Energy.
