Mitsui and PGS have signed an agreement to develop Artificial Intelligence driven solutions to image subsurface structures.
Industry
India to account for over 50% of crude oil refinery projects in Asia by 2025
India is likely to start the operations of 85 crude oil refinery projects, accounting for about 52% of the upcoming crude oil refinery projects in Asia between 2021 to 2025, driven by rising consumption of oil and economic growth, according to GlobalData, a data and analytics company.
EIG signs Agreement to Acquire 10% Interest in APLNG for US$1.6 Billion
EIG, a leading institutional investor to the global energy and infrastructure sectors, has announced it will acquire a 10% interest in Australia Pacific LNG from Origin Energy for $1.592 billion.
Sercel launches Bluepulse for seismic acquisition in sensitive areas
Sercel has announced the launch of Bluepulse, an innovative marine acoustic source it says offers the “most advanced frequency control technology” on the market.
Putin steps on the gas at Moscow Conference
The current energy crunch around the world and the intensifying climate change debate serve to highlight the serious need to embed natural gas as part of a long-term solution to energy market stability and transition.
LNG binding producers-consumers together in abruptly changing energy landscape
The unique flexibility of liquefied natural gas (LNG) to deliver natural gas to all corners of the world is saving the day for both producers and consumers in the face of shortages of other energy sources.
PGS Unveils new Imaging Tool to Provide ‘Better Images Faster’
At IMAGE21, PGS has presented a “game-changing” realisation of several decades of industry ambition with PGS Ultima as a move away from traditional sequential processing to a simultaneous inversion combining velocity model building and least-squares imaging.
‘Defining moment for the world on natural gas’: GECF Annual Workshop
The cleanest of all the fossil fuels has entered its most defining moment as the world gets back to the twin ambitions of economic recovery and sustainable progress, delegates were told at the GECF Annual Workshop on Promotion of Natural Gas Demand.
ACCC LNG netback review Final Decision Paper
The voice of the oil and gas industry says the Australian Competition and Consumer Commission’s (ACCC) final report on netback pricing confirmed the current mechanism appropriately reflected the Australian market.
CSIRO and Partners scope Top End Hub to Lower Emissions and boost Investment
CSIRO, the Northern Territory Government, industry and engineering companies have joined forces to develop a path towards rapid emissions reduction across the energy sector in Northern Australia.