01 November 2023
01 November 2023
The execution of the complete project contract by the entities is expected in early 2024.
The facility will be deployed at the Petronas LNG Regasification Terminal Pengerang in Johor, Malaysia.
Chesapeake subsidiary Chesapeake Energy Marketing will supply up to one million tonnes per annum of LNG to Vitol.
The sale forms part of a broader global strategic review by Shell in an effort to become a lower-carbon operator.
The ED-2X ST1 well is situated roughly 3km away from the Disouq field, where EGAS and Wintershall Dea are operating the DISOUCO joint venture (JV).
Escalation of the Israel-Hamas war into a broader Middle East conflict could significantly disrupt oil supplies.
Starting in October 2023, Equinor will supply approximately 10–15 terawatt-hours (TWh) of natural gas annually.
The energy company will use SLB’s End-to-end Emissions Solutions (SEES) to measure fugitive methane emissions.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
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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