Europe
International , Emissions
Oil and Gas Producer Wintershall Dea Aims for Net Zero by 2030
‘We’re realistic,’ German energy giant’s CEO says in announcing targets.
Earnings , Exploration & Production , Technology
Wintershall Dea Looks beyond Pandemic, Costs to Fall, Volumes to Rise
German oil and gas company Wintershall Dea said Nov. 23 the low commodity prices caused by the coronavirus crisis had hit its third-quarter results, but that sustainably lower operating costs and higher output would help long-term.
Emissions , Digital Oilfield
McDermott Wins Pre-FEED Contract for Tata Steel EVEREST Project
McDermott International Ltd. has been awarded a pre-FEED contract from Tata Steel BV on Nov. 19 for the Enhancing Value by Emissions Reuse and Emission Storage (EVEREST) Project.
Exploration & Production , Lease Sales
Norway Offers 136 Arctic Oil Exploration Blocks
The blocks include eight regions of the Arctic Barents Sea and one in the Norwegian Sea.
Renewables , Acquisitions & Divestitures
Italy’s Snam to Boost Green Hydrogen with 33% Stake in De Nora
Deal worth $1.4 billion will strengthen Snam’s ambitions to lead in green energy.
Investment , Emissions , Renewables , Digital Oilfield
Panasonic, Equinor, Hydro to Explore Potential for European Battery Business
The companies will work together towards summer 2021 to assess the market for lithium-ion batteries in Europe and mature the business case for a green battery business located in Norway.
Highlights
E&P Plus: November 2020 International Drilling Activity Highlights
Check out the latest oil and gas drilling activity highlights from around the world featured in the November issue of E&P Plus including an exploratory test offshore Guyana by Exxon Mobil plus a deepwater gas discovery in the Turkish sector of the Black Sea.
Logistics
ASCO Wins Contract Extension from Equinor
Global integrated materials and logistics management company, ASCO, said Nov. 16 that its Norway operation has been granted a two-year extension by Equinor for terminal and warehousing services in Sandnessjøen.
Field Development
Aker BP, Partners Begin Production at Ærfugl Field in Norwegian Sea
Phase 1 includes three wells in the southern part of the field, while Phase 2 will consist of three more wells in the northern part of the field.
Business , Exploration & Production , International , Acquisitions & Divestitures
Nigeria Case Against JP Morgan over Oil Deal to Go to Trial
The lawsuit against JP Morgan filed in the English courts in 2017 relates to the purchase of the offshore OPL 245 oil field in Nigeria by oil majors Shell and Eni in 2011.