SAP SE and DNV GL have teamed up to deliver a new industry cloud solution, Corrosion Under Insulation (CUI) Manager, designed to tackle a major problem facing the integrity of oil and gas plants
Gas
McKinsey: COVID-19 and electrification bring hydrocarbon demand peak forward to 2027
According to research by McKinsey & Company, aggregate fossil fuel demand is set to peak in 2027, with oil peaking in 2029 and gas in 2037, partially due to the impacts of COVID-19
SNOC launches gas storage project
Sharjah National Oil Corporation (SNOC) has announced the start-up of its new gas storage project following a small-scale pilot phase using existing infrastructure that has been running since early 2017
SNOC and Eni announce production start-up of the Mahani Gas Field
Sharjah National Oil Corporation (SNOC) and its partner Eni have announced the start-up of Mahani-1 gas well, marking the commencement of gas production from the Mahani Field, in Sharjah Area B
WoodMac: Over three quarters of new LNG supply could be impacted in 2-degree world
Over three quarters or 77% of new LNG supply are at risk under a 2-degree scenario, suggests Wood Mackenzie’s latest report