Lloyd’s Register supports Equinor’s decarbonisation agenda

nathan forbes 58uZ3FW7FB4 unsplashLloyd’s Register (LR) has secured a contract for Human-Machine Interface (HMI) engineering services - part of an integrated scope awarded to Wood by Equinor to support Hywind Tampen, a floating wind farm to power offshore oil and gas platforms

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COVID-19 driving historic reallocation of investment, impacting future energy developments

atr trme 24 JuneThe energy industry was under strain even before the pandemic, which exacerbated these weaknesses and led to the biggest ever decline in energy demand and sharply lower oil and gas prices, according to the World Energy Council’s global survey

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DeepTech Oil Services adds new testing pool and crane to its Cairo facility

Ahmed Soliman Managing Director of DeepTech Oil ServicesDeepwater remote operations specialists DeepTech Oil Services has expanded its premises with a new testing pool and crane to its 3600 sq m custom built facility in Cairo

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Global oilfield services demand to drop by 25 per cent due to COVID-19 downturn

5894614162 a82a72d1f7 cThe downturn caused by COVID-19 is projected to cause an annual 25 per cent decline in global demand for oilfield services (OFS), a Rystad Energy analysis shows

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Recoverable oil loses 282bn bbl as COVID-19 hastens peak oil

random sky GpTiWwvFMvA unsplashThe 2020 release of Rystad Energy’s annual global energy outlook reveals that the COVID-19 downturn will accelerate peak oil demand, put a lid on the exploration efforts in remote offshore areas and reduce the world's recoverable oil by around 282bn bbl

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