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Energy majors team up with Techouse to cut emissions from offshore installations

(WO) — Technology company Techouse has teamed up with several energy companies, including TotalEnergies and Equinor, plus SINTEF Energy Research, to develop and test a compact, lightweight once-through steam generator (OTSG) that can enable substantial […]

Suriname will not consider loan offers against $26 billion oil patch

(WO) — Suriname, which is on the verge of becoming a major South American energy producer, is ruling out more borrowing against future oil production, according to its finance minister. TotalEnergies SE and […]

Lokpobiri unveils plans for increased oil exploration in Kogi, others

Sen Heineken Lokpobiri Mkpoikana Udoma Port Harcourt — In a significant move to boost Nigeria’s oil production output, the Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has announced plans for increased exploration activities […]

Russia ready to keep gas transit via Ukraine, but Kyiv rejects deal extension

Ukraine has already said it does not want to renew the deal. Putin also told a television interviewer that Russia was ready to continue gas supplies to Europe using, if needed, several alternative routes. Reporting […]

Italy’s Eni sees 2.5-billion-euro net proceeds from disposals in 2025

The group announced on Thursday that U.S. investment group KKR WOULD BUY 25% of its biofuel unit Enilive for 2.9 billion euros as part of Eni’s strategy to spin off new businesses with high growth […]

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OEUK urges against windfall tax for offshore oil and gas assets crucial to local economy

(WO) — Leading trade body Offshore Energies U.K. (OEUK) urges the Chancellor to use next week’s Autumn Statement to back the U.K.’s homegrown offshore energy sector and make the U.K. an irresistible place for energy […]

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IMF urges African oil exporters’ reforms to boost ‘subdued’ growth

*The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas – Commodity exporters’ growth below regional rate– IMF official says oil economies need to reform– […]

Subsea technology- Corrosion monitoring: From failure to success

by AUDUN O. PEDERSEN and GEIR INSTANES, ClampOn A measurement principle for full-area wall thickness monitoring. In the early 2000s, ClampOn developed their CEM Corrosion-Erosion Monitor, a non-intrusive instrument for monitoring the wall thickness of […]

Subsea technology- Corrosion monitoring: From failure to success

by AUDUN O. PEDERSEN and GEIR INSTANES, ClampOn A measurement principle for full-area wall thickness monitoring. In the early 2000s, ClampOn developed their CEM Corrosion-Erosion Monitor, a non-intrusive instrument for monitoring the wall thickness of […]

Goldman sees oil prices holding around $76/b in 2025 on ample supply

*Crude oil vessel. Bengaluru — Goldman Sachs expects oil prices to average $76 a barrel in 2025 based on a moderate crude surplus and spare capacity among major producers, with concerns easing over a potential […]