Chevron New Energies, a division of Chevron U.S.A. Inc., and JERA have signed a Memorandum of Understanding (MOU) that provides a framework for their collaboration on carbon capture and storage (CCS) projects in the United States and Australia.
Sercel Awarded Major Contract for GPR300 Seabed Nodal Solution in China
CGG has announced that Sercel has made a major sale of its GPR300 seabed nodal solution to Chinese O&G company, Sinopec.
Gas and LNG prices pick up slightly, but remain deflated says Rystad Energy’s Gas and LNG Market Update
Rystad senior analyst Lu Ming Pang says gas and LNG prices have picked up slightly, but continue to remain deflated worldwide.
O&G Sector Puts Net-Zero Front and Centre with Oil Production at Record Low and LNG Exports Peaking
Industry Launches Public Awareness Campaign: Gas Key to Australia’s Cleaner Energy Future
Australia’s oil and gas industry has launched a new public awareness campaign, Natural Gas – Keeping The Country Running, highlighting the importance of natural gas to the nation.
Seequent Introduces Leapfrog Energy to Power the Energy Transition
Seequent, a subsidiary of Bentley Subsurface Company, has announced the Leapfrog Energy software suite, expanding the company’s offering to the energy industry which it says will “help solve the challenges of the rapidly evolving transition”.
Increasing Offshore Projects and Burgeoning Shale Gas Production will Spur Requirement for Drilling Risers
The increasing number of offshore projects along with the rising production of shale gas globally will garner the requirement for offshore drilling risers.
CSIRO Launches $10m Project to Build Australia’s First Movable Hydrogen Generator
Australia needs hydrogen to help reach net zero emissions by 2050, said CSIRO as it unveiled ground-breaking new technology to help reshape the nation’s energy landscape by safely generating hydrogen at off-grid locations.
PGS Secures Large MultiClient Project in Norwegian Sea
PGS has secured industry pre-funding for another large multi-season MultiClient survey in the Norwegian Sea. The first phase of the survey will be acquired in 2023 by the Ramform Hyperion.
IEA Says China Resurgence is Driving World Oil Demand Says IEA
The IEA Oil Market Report has forecast that world oil demand will rise by 2.2 mb/d year-on-year in 2023 to an average 102 mb/d, 200 kb/d above last month’s Report.