Shell withdraws from discussions to build petrochemicals plant in Iraq
The project faced setbacks due to financial and contractual disagreements.
14 February 2024
14 February 2024
The project faced setbacks due to financial and contractual disagreements.
Woodside operates the Trion oil and gas project with a 60% stake while PEMEX owns the remaining 40%.
A containment operation is under way to prevent the spill from worsening, although little information is known about the substance being released or the vessel releasing it.
Methane is more damaging to the environment in the short term than carbon dioxide (CO₂).
Coretrax specialises in performance drilling tools, wellbore clean-up, well integrity and production optimisation solutions.
DOF will be responsible for the project management, engineering, transportation, installation and hook-up of two floating units.
Bilfinger will be responsible for delivering access, insulation, coating and fireproofing services.
The Permian Regional Carbon Storage (PRCS Hub) project, part of the US Department of Energy's (DOE) Carbon Storage Assurance Facility Enterprise (CarbonSAFE) Initiative, aims to address carbon dioxide (CO₂) storage requirements in the Delaware Basin.
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