Tag Archives: Offshore

The International Energy Agency says oil and gas companies. with their ‘extensive know-how and deep pockets’. can play a crucial role in accelerating the deployment of offshore wind. carbon capture and hydrogen.

That’s the warning from Chairman of the Oil and Gas Authority. Tim Eggar. who has said the sector must do more to drive down emissions.

OPEC’s latest forecasts suggested a weaker outlook for global oil markets this year as surging supplies from competitors from Norway to Guyana threaten the group’s efforts to defend crude prices.

BP was the first oil major to commit significant capital to renewable projects. such as wind and solar. from 1980 onwards.

The Iranian Offshore Oil Company (IOOC) has successfully indigenized the technical savvy for production of wellhead reducer to be used in South Pars Oil Layer (SPOL).

The S1 Platform of Salman Oilfield. built by relying on domestic capabilities. has been loaded from Khorramshahr Yard.

This information is vital for the development of infrastructure such as offshore wind and tidal energy generation.

LNG is normally ferried by large vessels with 70.000-ton capacities.

The third offshore platform of phases 22 to 24 of South Pars Gas Field came on stream.

It has also set near term goals to cut emissions in Norway by 40% by 2030 and 70% by 2040.