$77 million paid back on schedule, new senior note issued, and order book expands by $15 million as fleet utilisation rate increases
James Fisher Subsea Excavation, with a range of inhouse excavation equipment and experience, will be moved under the umbrella of James Fisher Offshore
The acquisition, effective January 14, 2020, includes the Feubo facility located in Hattingen, Germany
The development strategy for the new joint venture is aimed at addressing the challenge of digitally transforming the oil and gas sector through the application of Industry 4.0 technologies
He noted Baker Hughes' decision to reduce its carbon footprint by 50% by 2030, with the goal of being net zero by 2050, and urged others to take on their carbon footprints
Amin Nasser noted that while climate change concerns increase the complexity of business for Aramco, the company s taking a "pragmatic" approach to the energy transition
OPEC Secretary General Mohammed Barkindo was also optimisic about maintaining balance in the market throughout the year.
During the event, Shell will host discussions and events with company leaders and experts to engage and inspire visitors around the changing global energy system and energy innovations
The company’s pilot line to be developed at the Parker Filtration Innovation Center
Dr. Sultan Al Jaber said that the company was taking a "comprehensive and holistic approach" to sustainability.
Azelio signs MoU for energy storage project in Jordan
The company will use data provided by the conference organiser to calculate CO2 emissions, and will compensate for them using its nature-based carbon credits
Dr. Sultan Al Jaber, CEO of ADNOC Group, said that the company should reach its target for 2020, and is working to achieve gas self-sufficiency
Natural gas is now 85% of Crescent Petroleum’s production, which has helped avoid 33 million tonnes of CO2 emissions by replacing diesel with gas to generate electricity
Oil and gas companies discovered 12.2bn barrels of oil equivalent in 2019