The total length of the global trunk/transmission pipeline network is likely to be 2.28 million kilometres (with start years up to 2028), of which, crude oil pipelines account for 18%, petroleum products pipelines constitute 12%, natural gas pipelines account for 64%, and natural gas liquid (NGL) pipelines account for 6%.
Brazil’s Grupo Matrix Energia and Argentina’s TotalEnergies have confirmed their first deal with YPFB, to transport natural gas from Argentina’s Vaca Muerta shale formation.
Oil and Natural Gas Corporation (ONGC) is reportedly exploring partnerships with domestic shipyards to construct two offshore jack-up drilling rigs valued at approximately $500-550m.
Reconnaissance Energy Africa has completed drilling operations on the Naingopo exploration well, , onshore Namibia.
The European Court of Justice’s lower court has rejected Nord Stream 2’s challenge to the EU’s unbundling rules for gas transmission pipelines.
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Union Jack Oil, an onshore hydrocarbon production and exploration company, has announced a positive drilling update for the Taylor 1-16 well in Seminole County, Oklahoma, where it holds a 45% working interest.
ADNOC has announced the launch of XRG, a new international investment company specialising in lower-carbon energy and chemicals, with an enterprise value exceeding $80bn.
Ashtead Technology, a provider of subsea technology solutions to the offshore energy sector, has completed acquisition of Seascan Limited and its subsidiaries (known as Seatronics) and J2 Subsea in a deal worth £63m ($81.6m).
Two members of the respected London Business School faculty weigh in with their motivating advice on leadership.
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