1. The number of active oil and gas drilling rigs in the United States declined for the first time in 25 months
Baker Hughes, an oil service company, said in its closely watched rig report that as of the week of August 26, the number of active oil and gas rigs in the United States, which are the leading indicators of future production, increased by 3 to 765. However, the number of oil and gas drilling rigs decreased by 2 in August, the first decline in 25 months, although the oil price remained at a relatively high level.
2. Egypt’s sczone is expected to sign a $25 billion green energy agreement at the cop27 Conference
Egypt’s Suez Canal Special Economic Zone (sczone) is expected to sign a green energy agreement worth about $25 billion at cop27. In November, the twenty seventh conference of the parties (cop27) of the United Nations Framework Convention on climate change will be held in the coastal city of Sharm el Sheikh, Egypt. Egypt aims to increase the proportion of renewable energy to 42% by 2035.
3. Aker BP will invest more than $15 billion in the Norwegian continental shelf development project
Aker BP, an oil and gas company, will invest $15 billion in the development of the Norwegian continental shelf in the next five to six years.
After the merger with Lundin energy, Aker BP became the second largest oil and gas producer on the Norwegian continental shelf after equinor. At present, Aker BP has carried out a total of 15 development projects on the Norwegian continental shelf, of which the largest development project is in the noaka area of the North Sea. The coordinated development of multiple oil fields has a total investment of about US $10 billion.
4. Norway North Sea oil exhibition (ONS) held this week
The biennial Norwegian North Sea oil exhibition (ons2022) resumed offline again from Monday to Thursday after four years (the 2020 edition was held online). According to the organizer’s data, a total of more than 600 enterprises participated in the conference. With the development and evolution of the energy industry, this exhibition also specially added the “net zero” theme to discuss the development and future of the core areas of the net zero market – offshore wind energy, hydrogen energy, carbon capture, solar energy and battery / energy storage.
Post time: Sep-06-2022