Posted inNewsProducts & Services

HSE must be driven by people, not milestones

During the Oil & Gas Future Forum, Shaun Hannam, EMEA head of HSES at McDermott commented on the company's HSE focus areas in the future, and how the sector and its KPIs must transform

How have your priorities shifted due to the pandemic? On the human side of HSE, we are capitalising on the visibility of our leadership and they appreciate the power of close interaction with people across the company, of being active, and of simply listening to employees. That is something we have maintained, and we have […]

Posted inExploration & Production

US to release crude oil from strategic petroleum reserve

US President Joe Biden will release 50 million barrels of crude oil from the nation's Strategic Petroleum Reserve

On 23 November, US President Biden announced the release of 50 million barrels (mbbl) of crude oil from the US Strategic Petroleum Reserve (SPR).   Wood Mackenzie vice president Ann-Louise Hittle said: “Of the release, 32 mbbl is a loan for delivery by end-April next year. The other 18 mbbl is a direct sale and […]

Posted inNews

IBM, AWS to accelerate digitalisation in oil & gas sector

The collaboration will bring together AWS and IBM Open Data for Industries for a comprehensive OSDU data solution

IBM and Amazon Web Services will work together to pair IBM Open Data for Industries for IBM Cloud Pak for Data and the AWS Cloud to serve energy customers. The solution is built on Red Hat OpenShift and will run on the AWS Cloud, simplifying the process of running workloads in the AWS cloud and on-site. The companies also […]

Posted inEnergy Transition

Energy industry needs COP26 ‘post-mortem’: OPEC’s Barkindo

The energy transition must take place at a reasonable pace, and investments are still needed in the sector, according to a ministerial panel at ADIPEC

OPEC Secretary General Mohammad Barkindo has warned that the energy sector must “take stock” and perform a “holistic post-mortem” following the COP26 climate conference. During a panel at ADIPEC in Abu Dhabi, he said that the oil and gas sector was “targeted” during COP26, and that it was “clearly stated that this industry has no […]

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