The use of carbon capture and storage (CCS) could have a material impact on LNG projects’ carbon emissions and, depending on the strategy adopted, more than 25% of overall carbon emissions could be removed, according to Wood Mackenzie, a Verisk business
Industry
ChampionX’s technologies to support net-zero emission targets in oil and gas sectors
ChampionX has unveiled three new solutions with an aim to address the oil and gas industry’s drive toward net-zero emissions targets, delivering substantial results for its customers in the first 12 months as well as carbon emissions reductions for the company
Shell and Baker Hughes launche VitalyX
Shell has announced the launch of VitalyX, powered by Shell Remote Sense and Bently Nevada, a Baker Hughes business, as an intelligent, advanced analytics-based oil condition monitoring and machine health service for the marine sector
Oil price windfall a ‘golden opportunity’ to speed up sector’s decarbonisation
Oil and gas companies must use the current cash flow windfall opportunity to speed up decarbonisation of their businesses, according to natural resources consultancy Wood Mackenzie’s report
ADNOC signs agreements worth almost US$1bn for project services
ADNOC has signed framework agreements valued at around US$1bn for Concept and Front-End Engineering Design (FEED) services relating to major projects across its full value chain to support the delivery of its 2030 strategy