Europe
Exploration & Production , Energy Transition , Technology
Opinion: Huge Opportunity for UK Experience in Growing US Offshore Wind
The U.S. offshore wind industry is on the verge of significant acceleration over the coming years, which creates opportunities for experienced U.K. companies, says Jeff Tingley, head of strategy and market development at Xodus.
Investment , Policy & Regulations , Energy Transition , Technology
Britain Strikes $552 Million Partnership with Bill Gates to Supercharge Green Tech
Speaking at a Global Investment Summit alongside U.K. Prime Minister Boris Johnson, Bill Gates said investment was needed to further develop new technologies that were currently too expensive for the consumer market.
Investment , Legislation , Emissions , Energy Transition
UK Sets Net-zero Ambition as Part of Strategy to ‘Build Back Greener’
British Prime Minister Boris Johnson presented his net-zero strategy on Oct. 19 that aims to secure 440,000 jobs and unlock $124 billion of private investment by 2030.
Highlights , Shale Plays
Best of This Week’s Drilling Activity Highlights (Oct. 15, 2021)
Several Wolfcamp Shale discoveries by Pioneer in the Midland Basin and Devon in the Delaware, plus Marcellus well completions by the recently merged Coterra Energy and a giant gas find in the Black Sea top this week’s oil and gas drilling activity highlights from around the world.
Business , Exploration & Production , Energy Transition
Shell Names New Upstream Director after Wael Sawan Moves to Renewables Role
Zoë Yujnovich, currently head of Shell’s conventional oil and gas operations, has been named as upstream director, replacing Wael Sawan who will now lead the global supermajor’s integrated gas and renewables division.
Field Development , Subsea
Schlumberger Wins Contract for Development of Turkey’s Largest Gas Field
The Sakarya offshore greenfield represents the largest gas reserve ever discovered in Turkey. The subsea development will be located approximately 100 nautical miles into the Black Sea.
Discoveries
Norway to Continue Search for Oil, Gas, Incoming Government Says
Norway will continue to explore for oil and gas in the next four years, with most new drilling permits to come in mature regions of its oceans, the incoming government said on Oct. 13.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Oct. 13, 2021
Here’s a snapshot of recent energy deals including Comstock Resources’ Bakken exit in a $154 million sale plus the $419 million cash acquisition of Tapstone Energy and SilverBow’s largest acquisition to date.
Methane , Emissions
US, EU Line Up over 20 More Countries for Global Emissions Pact
The U.S. is due to release oil and gas methane emissions regulations in the coming weeks, and the EU will unveil detailed methane legislation later this year.
Liquefied Natural Gas (LNG) , Natural Gas , Trade , International , Midstream
Tellurian’s Souki: European Gas Crunch Must Be a Wake-up Call to America
Here’s what the U.S. can learn from Europe’s gas shortage, according to Charif Souki, the LNG tycoon.