11 July 2024
11 July 2024
The company has put forward two scenarios: the world’s current energy transition trajectory and the road to meeting net-zero targets by 2050.
The World Bank recently offered up a slightly lower prediction, arguing that global economic growth would stay at 2.6%.
Some 33% of respondents claimed emerging oil patches of Guyana-Suriname could be the largest growth engine for oil development.
This marks the first appraisal well to be drilled in production licence 1184 S, which was awarded as part of the Awards in Predefined Areas (APA) 2022.
The contract entails the supply of nearly 5,000 tonnes (t)of oil country tubular goods (OCTG) solutions and associated services.
ADNOC has also secured new long-term liquefied natural gas (LNG) sales agreements with Shell and Mitsui.
Starting in July 2024, Woodside will deliver approximately six million tonnes (mt) of liquefied natural gas (LNG) to Taiwan on a delivered basis.
Europe’s strategic shift away from Russian energy exports is anticipated to benefit US shale oil and gas drillers.
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