US President Trump’s recent decision to pull out of the Iran deal has, as expected, rocked the oil industry and sent the price per barrel above $80. We take a look at the fallout from this move, and chart a timeline of other geopolitical events that have rocked the oil industry.
In April, Statoil began laying a cable that will supply onshore power from Norway to the gigantic Johan Sverdrup field, a technological feat that will make it one of the oil fields with the lowest CO2 emissions. We take a look at this project and find out how oil fields are conventionally powered.
Also in the next issue, we speak to ABB about the Subsea Power Joint Industry Program which aims to relocate production facilities to the seabed, map out the world’s biggest offshore gas projects, and look into the UK Health and Safety Executive’s call for better leadership in tackling gas releases in the North Sea.
Plus, we take a look at new exploration and development efforts off the coast of Nova Scotia, and speak to Lloyd’s Register about its newly launched collaborative supply chain approach to global decommissioning.
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