There is no “utopian answer” to meet the UK’s 2050 net zero goal as the solution will require a “whole host of technologies”, the boss of a utility giant has claimed.
In the age of the Great Energy Transition, oil and gas companies face a dual challenge; to reduce operational emissions whilst keeping up with growing energy demand they will need to increase both asset performance and lifetime. With increasing numbers of incumbent O&G players making net-zero commitments, the sector will increasingly be judged both by their cost per barrel / cubic feet AND their carbon footprint per barrel.
A popular annual business event which explores business opportunities in America’s fourth most populous city is to go ahead – in spite of the Covid-19 pandemic.
More than 250 people have signed up to attend OGUK’s first-ever Industry Insights webinar for young professionals as the sector continues to provide a secure and affordable energy supply in the face of economic challenges.
With the transition to net zero gathering momentum, the importance of innovative subsurface technology and expertise to maximise economic recovery and diversify the energy mix will be the focus of two upcoming SPE Aberdeen events.
Safety and engineering experts will deliver talks at PIM’s upcoming integrity management event, ‘Sustainability, integrity management and the North Sea’.
Energy transition is happening across Europe, driven by net-zero policy targets and innovation, but the sector still accounts for two-thirds of Europe’s emissions.
A boss at Baker Hughes has hailed the "innovative atmosphere" and "pioneering spirit" on show at this year's Subsea Expo conference and exhibition in Aberdeen.
A start-up company led by two oil and gas stalwarts is launching a digital platform that aims to solve one of the most pressing problems facing the sector.
Investors who want to reduce their environmental footprints are in a “real quandary” because oil and gas still offers better returns than renewables, an analyst has said.
A North Sea minnow outlined plans to put its Greater Buchan Area (GBA) development project at the heart of the energy transition at Subsea Expo yesterday
Officials from Mozambique have showcased the level of investment in the prolific Rovuma basin in a bid to attract the expertise of North Sea companies to its supply chain.
Ten subsea companies have pledged £65,000 towards a medical research project which aims to determine the best procedure for resuscitation of divers in a diving bell.
Mozambique’s oil and gas regulator, the National Petroleum Institute, and senior representatives from SOCAR, the State Oil Company of the Azerbaijan Republic, will be actively promoting business opportunities for UK subsea companies at Subsea Expo.