Coup in oil-rich Gabon could have implications for global supply chains
Army officers have taken control following President Ali Bongo’s election victory.
31 August 2023
31 August 2023
Army officers have taken control following President Ali Bongo’s election victory.
Production from the Trion ultra-deepwater oil project is scheduled to commence in 2028.
SDX holds oil and gas exploration and development assets in Egypt’s Eastern Desert and the Nile Delta.
Fossil fuel use collapsed by 17%, representing the lowest share in the EU’s electricity mix on record.
The National Hurricane Centre warned of a “catastrophic storm surge and destructive winds” nearing Florida’s west coast.
The deal aims to demonstrate and qualify Nauticus’ leak detection technology using autonomous robots for Equinor.
ONGC will invest in green initiatives while continuing to explore for and produce more oil and gas.
Norway intends to grant new production licences in the specified areas starting in 2024.
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Although quantum computing is still in the R&D stage, its potential use cases in the oil and gas industry are numerous and are likely to expand. Oil majors, such as BP and ExxonMobil have joined IBM’s Q Network to develop quantum computers that will increase the understanding of subsurface geology. Companies are also looking at these computers to study molecular modeling and emission mitigation. Besides, the long-standing problems of matching demand with production and optimizing supply chains could be solved using quantum computing.
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