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SLB to Acquire Majority Ownership in Aker Carbon Capture

SLB has announced an agreement to combine its carbon capture business with Aker Carbon Capture (ACC) to support accelerated industrial decarbonization at scale. Bringing together complementary technology portfolios, leading process design expertise and an established project delivery platform, the combination will leverage ACC’s commercial carbon capture product offering and SLB’s new technology developments and industrialization […]

March 28, 2024 Read More

Carbon Markets to Play Important Role in Energy Transitions

Carbon markets will play an important role in achieving climate, energy security, and sustainable development goals by boosting the efficiency of energy transitions and raising money for clean energy projects, according to Joseph McMonigle, Secretary General of the International Energy Forum. McMonigle was speaking at the launch of a new report entitled “The Role of […]

March 28, 2024 Read More

7th Gen Drillship Stena Evolution to see 20,000-PSI Equipment Upgrade

Stena Drilling announced a significant equipment upgrade for its state-of-the-art 7th Generation Drillship, “Stena Evolution”. With this enhancement, Stena Evolution will be capable of drilling and completing wells requiring 20,000 psi (20K) pressure control, enabling drilling in previously inaccessible reservoirs for our clients. Stena Evolution is already equipped to handle a wide range of drilling […]

March 28, 2024 Read More