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Green energy production with grid energy storage solutions
Oilfield Jobs

Powering the Future: Employment Opportunities in the Booming Energy Storage Industry

The energy landscape is undergoing a seismic shift. As renewable energy sources like solar and wind gain prominence, the challenge of integrating their variable output into the grid becomes paramount. This is where energy storage steps in, playing a critical role in ensuring a stable and reliable power supply. This burgeoning industry is creating a […]

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Quantum computing and AI revolutionizing the oil and gas industry
Articles

AI and Quantum Computing Are Reshaping Oil & Gas

The downstream sector of oil and gas, encompassing refining, transportation, and marketing, is on the cusp of a transformative era. Sure, whispers of AI and quantum computing have been swirling for years, but these technologies are finally becoming reality. Even in the early phases, we’re seeing a glimpse into a future of optimized operations, smarter […]

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natural gas as a transition fuel
Articles

LNG: Navigating the Transition to Renewable Energy

Natural gas and liquefied natural gas (LNG) are often touted as pivotal elements in the transition towards a more sustainable energy system. As the world grapples with the need to reduce greenhouse gas emissions and combat climate change, the role of these resources in the energy mix has become a subject of intense debate. The […]

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Energy transition and employment in the oil and gas industry
Oilfield Jobs

The Uncertain Future of Jobs in the Oil and Gas Industry

In the ever-evolving landscape of global energy dynamics, the future of jobs and employment in the oil and gas industry appears increasingly uncertain. As technological advancements, environmental concerns, and shifting market demands reshape the sector, the question arises: Should students still pursue careers in this field, and is related education worth the investment? The Current […]

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Frozen LNG Natural Gas Facilities
Oilfield Jobs

The Impact of the US LNG Freeze on Jobs and Employment

The Biden administration’s recent halt on new licenses for liquefied natural gas (LNG) exporters has sparked heated debates about its ramifications on employment, both present and future. This move isn’t just shaking things up in the United States but also drawing attention from other nations like Canada, which could potentially gain from this policy shift. […]

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Oilfield Jobs

The Future of Energy: AI and Quantum Computing in the Oil and Gas Industry

The advent of artificial intelligence (AI) and quantum computing is not just a fleeting trend; it’s a paradigm shift that’s reshaping the fabric of various industries, including the stalwart oil and gas sector. The implications for employment are profound and multifaceted, affecting both current job landscapes and future career prospects. Let’s explore these impacts in […]

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Oil & Gas News

DeepOcean and ExxonMobil Partner for Subsea Operations in Guyana

DeepOcean, a leading provider of ocean services, has announced a significant contract with ExxonMobil Guyana for the provision of subsea construction and inspection, maintenance, and repair (IMR) services offshore Guyana, South America. The contract covers a wide range of subsea activities, including subsea construction and jumper installations as well as subsea IMR work, at ExxonMobil […]

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Oil & Gas News

Barclays Drops Funding for Upstream Oil and Gas Projects

Barclays, the second biggest funder of fossil fuels in Europe, has announced that it will no longer finance new oil and gas fields, in a move that has been welcomed by climate campaigners. The British bank unveiled a range of restrictions for its oil major clients, which include ExxonMobil, Shell, TotalEnergies and BP, in its […]

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Oil & Gas News

Borr Drilling Announces Contract Commitments

Borr Drilling has announced new contract commitments for three of its jack-up rigs, totaling 495 days and $82.2 million in contract revenue, excluding mobilization and demobilization. Borr Drilling is an offshore drilling contractor that owns and operates a fleet of modern jack-up rigs. BW Energy has extended the contract for the Norve by approximately two […]

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Oil & Gas News

Alberta Utilities Commission fines Avex Energy for Illegal Power Plant Operation

Canadian natural gas producer and power generator Avex Energy has been fined $240,000 by the Alberta Utilities Commission (AUC) for operating a natural gas-fired generator without regulatory approval. According to an agreed statement of facts, Avex Energy ran the Red Willow power plant in Stettler Country from April to December 2021, without being licensed by […]

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