According to Mohammad Sanusi Barkindo, secretary-general of OPEC, the enormous and unprecedented oil market imbalance facing the industry in April following the COVID-19 pandemic required an unparalleled response from producers
Industry
Strategically investing in energy transition must be immediate priorities, says IRENA
Governments can align immediate economic stimulus needs with medium to long-term decarbonisation and sustainable development objectives by targeting policy measures and public spending towards the energy transformation, according to the International Renewable Energy Agency (IRENA)
Lloyd’s Register supports Equinor’s decarbonisation agenda
Lloyd’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
COVID-19 driving historic reallocation of investment, impacting future energy developments
The 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
DeepTech Oil Services adds new testing pool and crane to its Cairo facility
Deepwater 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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