The world will need less energy from the 2030s onwards, but it will still require a significant amount of oil and gas in the lead-up to mid-century, according to DNV GL’s 2018 Energy Transition Outlook, an independent forecast of the world energy mix in the lead-up to 2050
Downstream
Unique Group and Innovo complete major Middle East offshore project
Unique Group, one of the world’s leading integrated subsea and offshore solution providers, and Innovo have signed a decommissioning contract for Italian global marine, oil and gas contractor Saipem for an offshore project in the Middle East
Tata Steel targets carbon neutral mission to oil and gas industry
Tata Steel has announced its ambition to become a carbon neutral producer of steel to the oil and gas industry from 2050 at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC)
Eni continues to support Libyan oil and gas activities
The head of the presidential council of the Libyan government of national accord, Fayez al-Sarraj, met with the CEO of Eni, Claudio Descalzi, in Tripoli and discussed the general situation of the country, addressing the security situation in particular
Seplat Petroleum continues to record strong financial performance
Seplat Petroleum Development Company Plc, a Nigerian independent oil and gas company, continues to record strong financial performance and sustained profitability, with the revenue boosted to US$568mn for the nine months ended on 30 September 2018, up from US$279mn in the same period in 2017