Europe’s oil and gas majors could access a wide pool of investors and “unlock value” by spinning off their renewables assets in initial public offerings (IPOs).
ShipFC, a frontier-busting, pioneering maritime innovation project looking to install the world’s first ammonia-powered fuel cell on a ship, has taken an important step forward with the award of a contract to the German institute Fraunhofer IMM to develop a catalytic afterburner system.
Westwood Global Energy reports that there were four exploration well programmes active as of December 28. Three exploration well programmes were spudded in December and two exploration programmes completed.
Shell and Equinor have announced plans to team up to further the use of advanced analytics on historical data to improve operational spare part inventories.
Aker Solutions has signed a £43 million contract to deliver hook-up and commissioning assistance of the P2 processing platform at Equinor’s Johan Sverdrup field offshore Norway.
Aker Solutions has signed a letter of intent with Equinor for the delivery of a subsea production system to the Kristin Sor oil and gas satellite fields in the North Sea.
The largest political party in Norway is arguing that the state should take a more activist role in Equinor, sparking debate on how it will use its two-thirds stake in the oil giant going forward.
Oil companies, EPCs, refineries, pipeline operators and drilling contractors will join the AUTOMA Congress next April to discuss the asset management approaches in Upstream, Midstream and Downstream markets.