Upstream news

New research reveals that the availability of emission-lowering upgrades for offshore rigs has been on the rise but adoption of these new technologies is slow outside of Norway and the US Gulf of Mexico

Tannat 3D PSDM Repro consists of 25 000 sq km covering blocks in the active Uruguay licensing round.

The significant order is for custom 115 t safe working load (SWL) sheaves to overhaul the drilling towers on a fleet of vessels.

Australia’s oil and gas industry has detailed in a new report some of the innovative ways companies are reducing methane emissions.

The reservoir target is the middle and lower Jurassic formations and is expected to be reached at a depth of approximately 2960 m.

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.