Total awards pre-FEED contracts to Yinson for projects in Angola and Suriname
The two FPSO will be deployed at Block 20/21 offshore Angola, and Block 58 offshore Suriname.
Technology
Talos form carbon capture and storage JV with Storegga in US
The partners are currently exploring potential opportunities with counterparties along the CCS value chain.
Siemens to provide electrical equipment for Bacalhau field offshore Brazil
Siemens will provide pressure and temperature sensors, and electrical distribution equipment for the Bacalhau field.
Quantum computing beginning to make inroads in the oil and gas industry
Many companies such as ExxonMobil, Total, Shell and BP are opting for quantum computing, which...
Stena Drilling acquires stake in offshore lifting technology firm Intebloc
The deal is expected to help Intebloc accelerate its product development strategy.
Gazprom Neft and Shell to work on hydrocarbon exploration and production
Russia’s Gazprom Neft and Shell have finalised an agreement to extend cooperation in upstream, technology and renewable energy. Under the memorandum of understanding (MoU), the firms will extend their cooperation…
Neptune Energy digitises five offshore platforms in North Sea
Neptune Energy has digitised five of its operated offshore platforms in the North Sea as part of a digitalisation programme. The company, in collaboration with UK-based 3D technology specialist Eserv,…
Venture Global to capture CO₂ at two LNG export plants in US
Venture Global LNG is planning to capture and sequester carbon at its Calcasieu Pass and Plaquemines LNG export projects in the US. The company has already completed comprehensive engineering and…
Maersk to sell Mærsk Inspirer jack-up rig to Havila Sirius for $373m
Maersk Drilling has agreed to offload the drilling and production unit Mærsk Inspirer to Havila Sirius in an all-cash deal worth $373m. The sale is part of the Danish offshore…
Poll on technology replacing human jobs invokes mixed response
The pace of automation and technology deployment is only expected to increase over the next few years as businesses aim to digitalise their operations. Verdict has conducted a poll to…
ExxonMobil’s path to net zero needs to begin in the boardroom
Companies can no longer afford to be inactive when it comes to their environmental impact, and ExxonMobil is case in point. The once climate change denying oil supermajor has found…
