oil and gas

The president of the Energy Institute spoke to ELN at the Energy Live Expo event in London last week, which attracted more than 450 people from across industry

The discovery has been made at the Echino South prospect near the Fram field

The Hywind Tampen development will consist of 11 wind turbines, with a total capacity of 88MW

It now intends to sell stakes in 95 companies compared to initial plans to divest from 134 firms involved in oil and gas exploration and production

Gas cloud imaging technology has already been tested and installed in existing facilities such as the giant natural gas Khazzan field in Oman

They say the oil and gas industry produces 2.5 quintillion bytes of data every day but only 1% of this is analysed, which they believe is a ‘missed opportunity’

Oil and Gas UK’s roadmap reinforces the importance of the sector to the economy and to meeting the energy needs of consumers for decades to come

It has received backing from major companies including BP, Equinor, Shell, Siemens, Total and Wood

It will focus on all areas of energy-related research, with an emphasis on supporting the oil and gas industry in the transition to clean energy and renewables

The transaction is part of BP’s plan to divest $10bn of assets over 2019 and 2020