UK regulator advances lease process for two 100 MW floating wind sites in the Celtic Sea
British Isles seabed regulator The Crown Estate has confirmed an intention to move forward with the lease process for two 100MW floating wind test and demonstration sites in the Celtic Sea to Llŷr Floating Wind Limited.
Corva and NexTier partner to improve ESG and innovation delivery via remote completions management
By leveraging the combined strengths of their digital oilfield solutions, the partnership provides a single, unified solution to accelerate innovation and optimize every completions operation.
Eni grows its European wind and solar presence in clean energy push
The transactions are the latest evidence that major oil companies are coming out of the Covid-19 downturn with the intention of channeling extra investment into renewable energy. Eni, like its European peers, has pledged to achieve net-zero carbon emissions by the middle of this century.
Shell commits to Whale development in deepwater Gulf of Mexico
The Whale development, owned by Shell Offshore Inc. and Chevron U.S.A. Inc., is expected to reach peak production of approximately 100,000 barrels of oil equivalent per day and currently has an estimated, recoverable resource volume of 490 million barrels of oil equivalent.
Reveal Energy Services enhances ORCHID with distributed acoustic sensing interpretation tools
The platform now enables operators to integrate DAS data with offset pressure, microseismic, tracers, logs, and geologic information for a 360-degree interpretation of the physics driving well, pad, and unit development performance.
Brazil’s offshore revival seeks to double crude output by 2030
Outside of the U.S. and OPEC, Brazil is set to add more crude production through 2026 than any other country. It wants to double crude output by 2030 to become the world’s fifth-largest exporter, and even if it doesn't hit that target, low-cost oil plays have positioned the country well to emerge as one of the world's most important sources...