SLB Introduces Carbon Storage Location Screening Tool

(OE) SLB has launched a carbon storage screening and ranking solution that increases confidence in site selection decisions based on scientific analysis of the long-term integrity and economic potential of an asset. The solution helps customers avoid suboptimal storage sites with risk factors that can waste valuable time and resources as well as decrease the probability of a carbon... Continue Reading →

Wind Power Industry Drifts Off Course

(Reuters) A perfect storm of supply chain delays, design flaws, and higher costs in the offshore wind industry has put dozens of projects at risk of not being delivered in time for countries to meet climate goals, industry executives, investors, and analysts said. The race to reduce reliance on fossil fuels is putting pressure on... Continue Reading →

International Energy Majors Interested In Colombia’s Offshore Gas

(OP) International oil and gas majors, including UK-based Shell and Brazil’s Petrobras, have shown interest in expanding their participation in natural gas projects offshore Colombia, Ricardo Roa, the head of Colombia’s state energy firm Ecopetrol, has told Bloomberg in an interview. Colombia’s Caribbean coast has several promising offshore gas projects and recent deepwater discoveries have raised the... Continue Reading →

Tullow’s Gabon Licenses Extended to 2046

(OE) Oil and gas firm Tullow said Wednesday it had received approval from the Government of Gabon for the extension of several of its Gabon licenses to 2046. "The license extensions increase the value of Tullow's resource base through the addition of c.5mmbbls net 2P reserves that will deliver c.100% 2P reserves replacement in Gabon... Continue Reading →

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