Tag: oil and gas industry

The contradictory reputation of the oil and gas industry is hardly a new topic, but an expected boom in the rise of oil and gas projects has recently created concerns about the future of decarbonization for the world to meet its ambitious climate targets.

IMCA published a ‘Global Specialist Offshore Support Vessel Market Overview’ report highlighting the risks to the US offshore energy industry, should the crewing legislation, referred to as the American Offshore Workers Fairness Act, be passed into law by the US Senate.

In 2022, BSEE observed two hand injuries in the Gulf of Mexico from pressurized hoses during coil tubing operations. In both cases, the injured parties were not wearing proper impact gloves to help reduce the severity of a hand injury.

Ukrainian forces attacked drilling platforms in the Black Sea owned by a Crimean oil and gas company, the pro-Russian head of the annexed peninsula said on June 20.

Ten armed men have reportedly carried out a heist in the Gulf of Mexico, stealing equipment, tools, materials and other items from a Campeche Bay oil platform, that is owned by Pemex.

OCIMF published its annual report for 2022 outlining its work during 2021, its programmes, and some information about the upcoming SIRE 2.0.

Research scientists from SINTEF and Norwegian University of Science and Technology (NTNU) are working to develop technologies and concepts to make the oil and gas industry more energy-efficient and reduce emissions from offshore production.

Energy major Shell announced the Board’s decision to change its name to Shell plc in last December as part of a move to London from The Hague and following plans of a major overhaul. This change has now taken effect.

Global oil and gas investments will expand by $26 billion this year as the industry continues its protracted recovery from the pandemic,

Shell announced a proposal to simplify the company’s share structure to increase the speed and flexibility of capital and portfolio actions.