Oil & gas news
Natural carbon sinks absorb 40% of human CO2 emissions and are not valued in most climate models, says Wood Mackenzie
New analysis finds land and ocean sinks are weakening and carbon prices and coverage fall short of what is needed to protect them, leaving net zero strategies built on unverified foundations.
Baker Hughes collaborates with OGDC to optimise existing well production, supporting energy continuity in Pakistan
Baker Hughes, an energy technology company, announced on Wednesday a multi-year contract with Oil & Gas Development Company (OGDC) to maximise production performance from its mature oil and gas fields.
Form first oil to late life
James Ferguson, Hunting Subsea Technologies, describes a lifecycle approach to subsea engineering that connects standardised hardware, intervention capability, and enhanced reservoir recovery.
DNV: the growing tail of oil demand destruction
Sverre Alvik, VP and Energy Transition Outlook director, DNV, argues that the longer the Hormuz crisis lasts, the heavier the tail of permanent demand destruction.
The International Gas Union and Snam release the 2026 Global Gas Report
Following a record gas demand in 2025, the 2026 global gas report shows a more resilient gas system faces a more demanding energy future.
A practical path to security of supply
Andreas Fliss, Norway Country Manager for James Fisher, explores how electrification, digitalisation, and asset intelligence in Norway’s upstream sector is supporting both energy security and net zero targets simultaneously.
DNV acquires Equinor digital solution to enhance subsea wellhead fatigue management
DNV, the independent energy expert and assurance provider, has agreed to acquire WellSpot, a digital solution that Equinor has developed and operated over the past 15 years.
Rockwell Automation helps Petrobras cut time, cost, and engineering effort through advanced process control and automation solutions
Faster and easier integration delivered by ‘Connected Vessel’ control and safety solutions.
Australian government awards Zenith Energy Australia contract to lead phase 2 of the Northern Endeavour decommissioning programme
The Northern Endeavour decommissioning programme is one of the most significant offshore decommissioning programmes currently underway in the Asia-Pacific region.
New wellbore cleaning solution trials at heart of Pipetech's performance
Denholm Pipetech (Pipetech), a Denholm Environmental subsidiary, is celebrating a summer of activity that included delivering some of its best-known remediation services and a breakthrough in an upcoming wellbore cleaning solution.