With the global energy crisis unfolding and energy prices soaring, governments and companies are ramping up investments in renewables, energy efficiency and clean technologies.
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A study, undertaken to assess potential routes for electrification of oil and gas platforms, has found four options to make this happen.
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Woodside, BP, MIMI, Shell, and Chevron will join forces to evaluate the potential for a large-scale, multi-user CCS hub off Australia.
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UAE’s ADNOC has awarded framework deals described as “largest-of-its-kind” totalling $1.83 bln for drilling-related services to five firms.
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The Australian energy crisis highlights the challenge of finding the balance between energy security and net-zero goals, says Wood Mackenzie.
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