‘We’re realistic,’ German energy giant’s CEO says in announcing targets.
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.
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.
Deal worth $1.4 billion will strengthen Snam’s ambitions to lead in green energy.
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.
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.
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.
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.