National Oil Companies (NOC) need to rethink their operating model and clearly link it with their strategic objectives to deliver the expected future production, cost and greenhouse gas reduction impacts, according to a new BCG report
Exploration & Production
Saipem scoops more than US$1bn of contracts in the Middle East
Saipem has been awarded several onshore and offshore contracts in the Middle East worth around US$1.25bn
Hyzon Motors and Schlumberger to collaborate in reducing emissions
Hyzon Motors, a global supplier of zero-emissions hydrogen fuel cell powered commercial vehicles, is teaming up with Schlumberger Limited, a technology company specialising in energy, to reduce emissions in upstream oil & gas operations
Aramco releases first sustainability report in quest to reach net-zero
The Saudi Arabian Oil Company (“Aramco”) has published its first sustainability report, with the aim of reducing its carbon emissions through reliable and affordable energy solutions
QatarEnergy selects TotalEnergies as first international partner in NFE expansion project
QatarEnergy has selected France’s TotalEnergies as its first international partner in the North Field East (NFE) LNG expansion project, designed to increase Qatars total LNG export capacity from 77 Mtpa to around 110 Mtpa by 2027