Posted inEnergy Transition

Exclusive Q&A: Engineering the energy transition

Rachel Clingman, McDermott’s Executive Vice President of Sustainability and Governance at McDermott, answers our questions about engineering the energy transition

What are McDermott’s priorities in relation to the energy transition?We have a number of priorities based on the belief that multiple avenues will be needed to decarbonize capital infrastructure at scale and at the pace required while maintaining accessibility and affordability. We are actively partnering with clients and other innovators in five areas where we […]

Posted inEnergy Transition

Climate change discussions rise as US firms take action: GlobalData

Climate change was mentioned more than 210,000 times in GlobalData's Filing Analytics database for 2020 and 2021

Climate policy is a hot topic in the oil & gas (O&G) industry, with the theme ‘Climate Change’ mentioned over 210,000 times in GloblaData’s Filing Analytics database of global O&G company filings in 2020 and 2021 combined – a 41% increase from the 2018-2019 period. The leading data and analytics company says that climate change […]

Posted inExploration & Production

Oil-producing countries could lose a combined $82bn a year due to gas flaring

Algeria, Iran, Iraq and Libya were counted among the biggest gas flarers globally

Gas flaring – the combustion of unwanted natural gas produced during oil recovery – is losing many oil-producing countries up to $82bn*, according to GlobalData. The data and analytics company notes that, even though technological solutions exist to avoid gas flaring, many countries persist with the activity, including developed countries such as the US and […]

Posted inEnergy Transition

GCC producers may be better placed than oil and gas majors during energy transition

NOCs and other government-owned players could have an easier time navigating the energy transition, S&P Global Ratings says

S&P Global Ratings thinks the Middle East’s national oil companies (NOCs) and state-owned players in the energy sector are better placed than most global peers to weather the increasing and accelerating impact of the energy transition, according to a new report. “Notably, we believe regional shareholder structures, benefiting from government ownership and the expectation of […]

Posted inEnergy Transition

Hydrogen must take centre stage at COP26

Having net zero targets are increasingly common and hugely important, but COP26 must go far beyond setting new emissions targets

Hydrogen is likely to play a crucial role in the pursuit of energy transition over the coming years. However, the UN Climate Change Conference of the Parties (COP26) in Glasgow in November will be the acid test that determines whether involved players are now prepared to put their words into action. Having net zero targets are […]

Posted inEnergy Transition

Major technologies to boost efficiency and decarbonise oil and gas operations

Honeywell shares some of the key technologies that are having an impact on carbon emissions

The oil and gas sector is increasingly embracing new technologies across the value chain, with the hopes of making operations more efficient. But which of these have potential to lower carbon emissions? Honeywell weighs in with some of the solutions that could have the greatest impact on oil and gas decarbonisation efforts. UNISIM DESIGN UniSim […]

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