Upstream news

Carbon capture and storage projects are designed to reinject the CO2 produced from oil and gas operations, or other industries, back into underground reservoir formations, where it remains permanently trapped.

The Gold Standard award was provided by the Oil and Gas Methane Partnership 2.0, a voluntary initiative launched by the UNEP, and was featured in the UN’s newly-published International Methane Emissions Observatory (IMEO) report.

Validere will validate and organise operational and emissions data into a consolidated platform that PureWest can utilise across multiple emission reduction initiatives.

This sale completion transfers control of SPEX from Shell to Prime Infra effective November 1, 2022. SPEX staff will continue their employment under the new ownership.

Eni has been working with the ‘Ionic Liquids Group’ at the University of Pisa for several years to develop innovative solutions in areas including the extraction of bio-oil from algal mass, the treatment of sulphur, and advanced algorithms for subsurface analysis.

Rough is operating at around 20% of its previous capacity this winter, immediately making it the UK’s largest gas storage site once again and adding 50% to the UK’s gas storage volume.

Third quarter production grew to approximately 360 000 bpd with 1 million bpd targeted by 2030.

The companies aim to provide valuable real-time data about machine oil quality in order to improve machine performance in the field.

Each custom-designed pump is powered by an electric drive motor to create an environmentally sustainable frac unit.

Comprehensive analysis calculates 125 000 undeveloped drilling locations amounting to 60 billion bbl of untapped oil and 320 Tcf of undeveloped natural gas.