Although daily natural gas deliveries to U.S. facilities that produce LNG for export were a record 9.8 billion cubic feet per day (Bcf/d) in late March 2020, deliveries fell to less than 4.0 Bcf/d in June, EIA reported.
The UK’s offshore oil and gas industry revealed a roadmap to halve its operational emissions in the next decade, confirming its pathway to become a net zero emissions basin by 2050.
The oil market collapse caused by the COVID-19 pandemic is set to delay several oil and gas developments in Western Europe, putting capital expenditure in the offshore sector on a continued downwards trajectory through 2022, data by Norway-based research firm Rystad reveals.
Oil and gas companies currently have assets for sale with recoverable reserves of more than 5 billion barrels of liquids and 7.5 billion barrels of oil equivalent (boe) of natural gas, Norwegian research firm Rystad Energy estimates.
The US was the world’s largest CO2 emitter from oil and gas in absolute terms in 2018. Among the top 10 oil and gas producing countries, Canada had the highest CO2 emission intensity per boe produced, while Norway had the lowest, Rystad Energy says.
Total value of the global pool of decommissioning projects that will accumulate through 2024 could reach $42 billion, dominated by UK North Sea, estimates Rystad Energy.
The production of natural gas from the UK Continental Shelf (UKCS) creates less than half as much greenhouse gas as imported LNG, according to data published by the Oil and Gas Authority (OGA).
When an oil platform worker registered a fever, the doctor advised him to self-isolate. However, being on an oil platform off the Mexican coast, he could only be reached with a helicopter, while in the meantime he shared a bedroom with three other workers. This has risen questions about Pemex’s actions to tackle COVID-19.
Equinor and Perenco are among at least five oil producers that have reported COVID-19 cases among employees or contractors at facilities off Brazil.
ABS has launched a support package for offshore operators in Brazil’s complex regulatory environment. It also published a technical advisory and two new notations.
