Offshore Frontier Solutions (OFS), a Modec group company in Singapore, has partnered with Toyo Engineering to establish a global capability centre in Bengaluru, India.
Overseas, CNOOC Ltd.’s production in the first three quarters of 2024 increased 12.2 percent year-over-year to 172.9 MMboe, driven by the Payara oilfield in Guyana’s Stabroek block.
A judicial review brought jointly by the environment groups Greenpeace and Uplift is due to be heard at the Court of Session in Edinburgh.
Melissa Troutman, climate and energy advocate for WildEarth Guardians, told the Journal via email the oil and gas industry is misleading the public “by claiming they already disclose all their chemicals.”
Shell has said before it was investing some “10 to 15 billion dollars between 2023-25 in low-carbon energy solutions,” representing 23 percent of its total capital expenditure.
During court hearings in April 2024 in The Hague, Shell’s lawyer Daan Lunsingh Scheurleer said that the case had “no legal basis” and “obstructs the role that Shell can and wants to play in the energy transition.
According to NUPRC, Nigeria’s current production rate, including crude oil and condensates, has reached 1.8 million barrels per day (bpd), up from 1.54 million bpd in September, with plans to push this figure to 2 million bpd by year-end.
All priority areas such as agriculture, including fisheries; physical infrastructure and service delivery in education and health; and roads, rail and other critical infrastructure received funding in the period under review with the exception of industrialisation.
According to the operator, Tyra II will ensure continued production of natural gas with 30% less CO2 emissions than before the shutdown and will contribute to energy security and independence in Denmark and Europe through the export pipelines to Nybro and Den Helder.
A collaborative effort by Blockchain for Energy (B4E) and Enovate Ai, B4ECarbon™ is an emissions management solution to streamline emissions tracking and reduce the environmental impact of operations.