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Petronas, F1 Team Join Hands to Support Research on Mangrove CCS

Rigzone

By 2030 Petronas aims to have “Biodiversity Action Plans” for all “very high” and “high” risk areas that host sites under Petronas’ operational control. “Where not feasible, PETRONAS establishes comparable areas to substitute the loss.

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Egypt Revamps Mining Law for Economic Growth, Investment

Egypt Oil & Gas

It also grants it broad powers to develop sector strategies, regulate mineral exploration and exploitation operations, localize mining industries, and promote transparency and attract investments. This law acts as a qualitative leap in the development of the Egyptian mining sector, following integrated efforts.

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Understanding the price of decarbonization

McKinsey

In the initial global MACC, the abatement potential for passenger EVs by 2030 was estimated at 0.05 The initial MACC reported more than three gigatons of potential abatement from CCUS, but the technology has not scaled as expected; only about one-thirtieth of those three gigatons will be captured by 2030. gigatons as of 2024.

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Vallourec Signs Contract to Supply OCTG for Qatar Drilling

Rigzone

Image by Toa55 via iStock Vallourec said it has secured a large contract to supply oil country tubular goods (OCTG) for drilling operations in Qatar, representing over $50 million in potential revenue. Vallourec Group Chairman and CEO Philippe Guillemot said, “Vallourec has been a reliable supplier to operators in Qatar for decades.

Oil 62
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Checking out Vaeridion's electric 'microliner' concept

Oilholics Synonymous Report

The plane itself will run on a single propeller, but with multi-engine support of two mechanically and electrically segregated motors. The microliner will have a dual flight deck and can be operated by a single pilot. The electric power train would be supported by rechargeable high voltage batteries integrated in the plane's wing.

Engineer 157
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Oil Review Middle East - Untitled Article

Oil Review Middle East

Additionally, they offer an opportunity to expand John Cranes dry gas mechanical seals and wet mechanical seals offerings within major petrochemical companies' operations. Our asset management solutions will enhance our customers operational efficiency and reliability, ensuring long-term success.

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Oil Review Middle East - Untitled Article

Oil Review Middle East

LRs modelling suggests that LNG-fuelled vessels could generate substantial compliance savings compared to ships running on very low sulphur fuel oil (VLSFO), with additional benefits from regulatory mechanisms such as pooling. There are several opportunities to improve the long-term sustainability of LNG.