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The people in the offshore oil and gas industry have an expectation that they can work each day with zero harm to their safety or the environment. The Ocean Energy Safety Institute and the Research Partnership to Secure Energy for America have teamed up to create a roadmap to reach this goal. The Research Partnership to Secure Energy for America (RPSEA) has released its Technology Roadmap, a plan that outlines the challenges and research needs of the US onshore and offshore oil and gas industry for the coming decade.
Two former SPE presidents, Nathan Meehan and Darcy Spady, and SPE board member Johana Dunlop have contributed their thoughts on continued efforts toward decarbonization amid an oil price war and a global pandemic. The Technology Outlook report from DNV GL identifies three technologies that have the potential to decarbonize carbon-dioxide-heavy industries significantly by 2030: new battery storage chemistries, high-temperature heat pumps, and green hydrogen.
The Bureau of Ocean Energy Management has released its Studies Development Plan, its roadmap for acquiring the scientific information it uses to make its decisions, for the upcoming fiscal year. The US Bureau of Ocean Energy Management (BOEM) has issued a final environmental impact statement (PEIS) for proposed geological and geophysical surveys of the Gulf of Mexico regarding possible oil and gas development. After the 2010 Gulf oil spill, the Obama administration broke the scandal-plagued federal agency that policed offshore drilling into separate bureaus. Now, the Trump administration is considering putting it back together again.
The largest US clean energy incubator has selected the city as the site for its second location, expanding Houston’s role as energy capital of the world beyond oil and gas. A recent report details national and global security threats related to climate change in the hopes that decision-makers and leaders will recognize the relationship between global warming and security. With a $10 million commitment from Shell, Rice University has launched Carbon Hub, a research initiative with the goal of creating a zero-emissions world by using oil and gas to create clean energy. French oil giant Total said it will not renew its membership of the American Fuel and Petrochemical Manufacturers association because the organization’s stance on climate issues does not align with its own. In this video from Bloomberg, Eldar Saetre, chief executive officer and president of Equinor, talks about the company's increased push into the offshore wind power market. Wood Mackenzie energy transition experts take on some of the trickiest questions about how to meet the world’s future energy needs while managing climate change.
The 10,000 mirrors arrayed around the Crescent Dunes Solar Energy plant are striking and seem to suggest the concept is on a path to efficient and reliable renewable energy. But, recently, the plant’s operator threw in the towel and filed for Chapter 11 bankruptcy protection. E&B Natural Resources Management, an independent oil and gas company based in California, is investing in solar electricity to help run its oil production activities in two counties. E&B’s solar initiative will reduce its greenhouse gas emissions from the two projects.
Researchers at OU have received $2.5 million of US Department of Energy funding for a three-phase study to develop technologies to increase power production from geothermal wells. The geothermal development research site in Southern California sits on the US Navy’s largest single landholding. For the first time, the University of Oklahoma has offered a Human Factors in Oil and Gas Operations class. The offered course fulfilled the mission of training petroleum engineering students to make an impact on oil and gas industry.
Williams Companies announced a near-term goal of a 56% absolute reduction from 2005 levels in greenhouse-gas emissions by 2030, aiming for net-zero carbon emissions by 2050. Why is this significant, and where can emissions be mitigated in the midstream natural-gas gathering and boosting segment? Researchers at OU have received $2.5 million of US Department of Energy funding for a three-phase study to develop technologies to increase power production from geothermal wells. The geothermal development research site in Southern California sits on the US Navy’s largest single landholding. The largest US clean energy incubator has selected the city as the site for its second location, expanding Houston’s role as energy capital of the world beyond oil and gas.
Shell invested in a Singapore solar company and signed an agreement to purchase a Texas company with solar and other renewable assets. Along with its minority stake in a company that uses solar to generate steam for EOR in the Middle East, Shell catches some rays in the Asia Pacific, US, and Oman. The Asia Pacific region is expected to be the fastest-growing region in deepwater development in the next 5 years.
Recent exploration success in the North Sea has motivated Total to invest some $10 billion in the basin over the next 5 years. The biennial SPE Offshore Europe conference will explore a diverse set of topics, including the application of digital technologies and preparing for a low-carbon energy future and ongoing work around standardization and decommissioning.
Compared to oil in the ground, the sun looks like a limitless energy source. Making comparisons of the two by calculating the equivalent of barrels of reserves for a solar project seems like an odd notion, but experts say it can and should be done. Wind power via floating turbines could be used to pump oil from remote offshore fields in the way windmills were once used to pump water from wells in arid West Texas.