Angola’s national oil company Sonangol has responded to the changing global financial landscape by accelerating its restructuring programme and exploring new financial solutions
Sonangol accelerates divestment and explores novel financing solutions
Industry
Aberdeen-based ZynQ 360 wins US$5mn contract
Aberdeen-headquartered software company ZynQ 360 is set to increase their headcount significantly following a series of global contract awards totalling in excess of US$5mn
ChampionX’s technologies support industry’s net-zero goals
ChampionX has unveiled three new solutions with an aim to address the oil and gas industry’s drive toward net-zero emissions targets, delivering substantial results for its customers in the first 12 months as well as carbon emissions reductions for the company
Wood Mackenzie: Carbon capture and storage can impact LNG projects
The use of carbon capture and storage (CCS) could have a material impact on LNG projects’ carbon emissions and, depending on the strategy adopted, more than 25% of overall carbon emissions could be removed, according to Wood Mackenzie, a Verisk business
Shell and Baker Hughes to deliver smart oil condition monitoring service
Shell has announced the launch of VitalyX, powered by Shell Remote Sense and Bently Nevada, a Baker Hughes business, as an intelligent, advanced analytics-based oil condition monitoring and machine health service for the marine sector
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