The oil and gas industry needs a decommissioning strategy to help meet the UK’s Paris Accord commitments and the net zero carbon emissions by 2050 target, as the country moves ahead in its energy transition. Decommissioning is only one strand of the oil and gas sector’s efforts to reduce their carbon footprint and, at the same time, is an essential requirement to ensure continuing investor and government support in new North Sea projects.
This trade war has slowed demand for oil in China, but also in Europe and America itself.
Water jets are no longer used just for thrill-seeking jet-skiers. Now larger boats in a variety of applications are using the technology for propulsion – so what’s powering the trend? The first thing that may come to mind when you think of water-jet propulsion is the jet skis that are […]
Saudi Arabia’s Abqaiq plant has restarted and is now processing about 2 million barrels a day, restoring just under half the output lost after the facility was damaged in an attack.
Productivity gains have caused record production, falling prices and a year-long decline in drilling and well completions.