DNV: Oil & gas witnessing confidence resurgence while energy transition price tag hampers net-zero aspirations

(Offshore-energy.biz) As looming political uncertainty prepares the world for the incoming tsunami of elections, optimism still runs strong in the energy industry, especially within the oil and gas sector. While rising costs and supply chain disruptions are putting at risk the viability of many projects and dampening the short-term optimism for electrification and renewables, a new... Continue Reading →

SLB and Aker Carbon Capture Launch Joint CCS Venture

(OE) SLB and Aker Carbon Capture (ACC) have launched a joint venture, set up to enable wider adoption of market-ready and new carbon capture and storage (CCS) technologies for power and hard-to-abate industrial sectors worldwide The new company combines technology portfolios, expertise and operations platforms to support accelerated CCS adoption for industrial decarbonization at scale.... Continue Reading →

Pemex signs Doris for Zama field development

(OM) The Zama Unit partners Wintershall Dea, Pemex (operator), Talos Energy and Harbour Energy have awarded the front-end engineering and design contract (FEED) for the development of the Zama oil field to the French engineering company DORIS.  The FEED work will be based on the scope of the Unit Development Plan approved by the Mexican Hydrocarbon Commission... Continue Reading →

Hitachi Energy investing $4.5B to accelerate energy transition, new jobs on the horizon

(Offshore-energy.biz) Hitachi Energy is planning to invest an additional $4.5 billion in manufacturing, engineering, digital, R&D and partnerships by 2027, doubling the investments done in the last three years, to accelerate the energy transition. The investment, complementing the recently announced $1.5 billion investment to ramp up global transformer production, is expected to enable Hitachi Energy to meet... Continue Reading →

Petrobras and Shearwater Join Forces for Seismic Tech R&D

Brazilian state-owned energy company Petrobras and seismic acquisition company Shearwater Geoservices have signed a memorandum of understanding (MoU) for joint development and execution of scientific research and technology innovation within seismic processing and acquisition focused on data quality, value and efficiency. The five-year agreement comes in addition to previously announced cooperations between the two companies... Continue Reading →

Shearwater and XOCEAN Team Up for CCS and Offshore Wind Markets

(OE) Marine seismic acquisition firm Shearwater Geoservices and ocean data company XOCEAN have entered strategic collaboration to explore opportunities in carbon capture and storage (CCS) and offshore wind markets. Building on the successful joint delivery of several large data campaigns, Shearwater and XOCEAN are now jointly exploring technology and operational synergies to provide integrated data... Continue Reading →

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