ExxonMobil Hires PGS for 4D Survey Offshore Guyana

Norwegian offshore seismic surveyor PGS has been awarded a 4D seismic acquisition contract by ExxonMobil for work offshore Guyana. PGS will deploy a Titan class seismic acquisition vessel in the fourth quarter of 2021 with the acquisition slated for completion in the first quarter of 2022.  President & CEO in PGS, Rune Olav Pedersen said: "We... Continue Reading →

Cost cuts for green hydrogen key to wider adoption

(Reuters) - Reducing the cost of producing clean hydrogen, through large investments and government subsidies, will be key in the wider adoption of the fuel in coming years, panelists said during the Reuters Events: Global Energy Transition conference. So-called green hydrogen, made by using renewable energy to power electrolysers to convert water, is being backed... Continue Reading →

Schlumberger commits to reaching net-zero by 2050

Giant oilfield services provider Schlumberger is the next company in line to commit to achieving net-zero greenhouse gas (GHG) emissions by 2050. Schlumberger said on Tuesday that it spent 18 months conducting extensive analysis and working with experts to produce a decarbonization plan. With minimal reliance on offsets, the plan is focused on reducing scope... Continue Reading →

Odfjell Oceanwind, Siemens Gamesa, Siemens Energy Collaborate on Floating Mobile Offshore Wind Units

Norwegian company Odfjell Oceanwind, which describes itself as the mobile offshore wind pioneer, has entered into a non-binding Memorandum of Understanding with Siemens Gamesa and Siemens Energy. Under the MoU Odfjell Oceanwind intends to use Siemens Gamesa and Siemens Energy technologies for its Mobile Offshore Wind Units (MOWUs).  Odfjell Oceanwind is working to develop floating... Continue Reading →

UTC: The Race to the Lowest Emission Barrel

Operators have called for greater certification and ‘provenance’ of oil and gas production and encourage competition when it comes to lowest emission barrels as they position their businesses to align with the energy transition. Speaking at the Underwater Technology Conference (UTC) Wednesday (June 16), Arne Sigve Nylund, EVP for Technology, Projects and Drilling at Equinor, said... Continue Reading →

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