Petrobras on agreement with Shell

Petróleo Brasileiro S.A. - Petrobras announces that its CEO Jean Paul Prates, and Wael Sawan, Shell´s CEO, signed today a Memorandum of Understanding, during CERAWeek, in Houston, in order to encourage discussion and collaboration between the companies. The companies will work together on identifying potential upstream opportunities, sharing experience and best practices on reducing carbon... Continue Reading →

The Crown Estate and Crown Estate Scotland Survey Industry on Carbon Capture Utilisation and Storage

The Crown Estate and Crown Estate Scotland have started the first round of formal engagement with developers on Carbon Capture Utilisation and Storage (CCUS).  The two organizations, one responsible for the seabed around England, Wales, and Northern Ireland, the other for areas off Scotland, have issued a joint survey to industry stakeholders to explore and... Continue Reading →

‘Radical but durable’ paradigm needed for delivery of low-carbon energy infrastructure in race to net-zero – Long read

(OEM) Australia’s engineering company Worley has partnered with Princeton University’s Andlinger Center for Energy and the Environment to measure the indicators of change in the journey to net-zero by 2050, outlining that countries need to move from years to weeks to develop and build their low-carbon energy infrastructure to meet the net-zero challenge. According to Dr Fatih... Continue Reading →

Talos Energy Completes EnVen Acquisition

Talos Energy Inc., a U.S.-based offshore oil and gas producer, has completed its previously announced acquisition of EnVen Energy Corporation ("EnVen").  Talos, which owns oilfields in both the U.S. side and the Mexican side of the Gulf of Mexico, first said in September 2022, that it would buy EnVen, a private operator in the deepwater... Continue Reading →

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