Whatever path the world follows in its efforts to limit the rise in global temperatures, intensifying climate impacts will increase the pressure on all industries to find solutions
Industry
SNC-Lavalin wins oil and gas contract from UAE’s Al Dhafra Petroleum
Engineering company SNC-Lavalin has been awarded an engineering services contract from Al Dhafra Petroleum, a joint venture company between ADNOC and the Korea National Oil Corporation and GS Energy
ADNOC, Eni sign strategic framework agreement on CCUS, R&D
The Abu Dhabi National Oil Company (ADNOC) has signed a strategic framework agreement with Italy’s energy company Eni to explore new opportunities for collaboration in carbon capture utilisation and storage, CCUS, and additional strategic opportunities in research and development across the oil and gas value chain
Oil prices poised for slide as tensions cool, says Rystad Energy
Rystad Energy continues to see a downward risk to prices, with further pressure on OPEC to implement even deeper production cuts in order to keep Brent oil prices around US$60 per barrel through 2020
Major questions facing oil and gas companies operating in Iraq
Rystad Energy stated that the US and Iran seem to have stepped back from the brink of armed conflict, at least for now, but many oil and gas companies still face serious decisions about their short-term and mid-term plans in neighbouring Iraq, where tensions remain high
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