Hydrogen Market Expected To Surge

Hydrogen will be a significant part of the global energy mix within 10 years, according to more than half (52%) of the 1,000-plus senior oil and gas professionals contributing to a new DNV GL report. Despite the recent shocks to the oil market, a fifth (21%) of industry leaders say their companies have already entered the hydrogen market, and 60% of the survey participants say their organizations are actively adapting to a less-carbon-intensive energy mix—up from 44% in 2018.

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A Return to Normal in China Means Air Pollution is Back in Force

The welcome return of China’s economy is bringing with it some unwelcome company

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Artificial Intelligence, 3D Scanning Being Used To Improve Safety at Oil and Gas Sites

A technology company based in Edmonton, Alberta, is using artificial intelligence (AI) to spot potential safety risks at oil and gas facilities.

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Past SPE Presidents Weigh In on Decarbonization

Two former SPE presidents, Nathan Meehan (2016) and Darcy Spady (2018), have contributed their thoughts on continued efforts toward decarbonization amid an oil price war and a global pandemic. Meehan and Spady, as well as SPE board member Johana Dunlop, have written essays included in the latest Forum journal from The Oxford Institute for Energy Studies.

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Shell deepens emission targets to become net-zero by 2050 or sooner

Shell has deepened its carbon emissions targets promising to become a net-zero emissions energy business by 2050 or sooner as pressure mounts on oil majors to help mitigate climate change.

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Industry Players Take Sweeping Precautions Against Coronavirus

As the coronavirus pandemic spreads, major energy companies are taking sweeping precautionary measures.

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FPSO Aligns Barrier-Based Risk-Reduction Measures With Major Accident Scenarios

As the world’s energy demand continues to increase, the industry faces even more challenges in terms of safety and environment risks associated with meeting this demand. Over the years, the focus had been on managing risks of high occurrence and low consequence, whose effectiveness is monitored with indicators such as total recordable injury rate (TRIR) and lost time injury frequency (LTIF). Although the offshore industry has been successful at reducing these occupational incidents, not much improvement has happened in major accidents trend globally. The proposition is that relying on safety management system is less effective for major accident prevention. However, the North Sea has seen a reduction in major accidents, with two total loss events over 8 years and none in the subsequent 25 years period, which DNV attributes to the focus on barriers.

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Coronavirus Confirmed on Rig Offshore Norway

Equinor announced that one person at the Martin Linge field in the North Sea offshore Norway has tested positive for the coronavirus. The company says the person is not seriously ill.

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