American oilfield services company SLB is acquiring majority ownership in Norwegian pure-play carbon capture company Aker Carbon Capture (ACC) as part of an agreement under which the two parties will combine their respective carbon capture businesses. SLB will pay NOK 4.12 billion (around $379.4 mil
UK regulator North Sea Transition Authority (NSTA) has launched a new emissions reduction plan highlighting that action is required for production decarbonization, including action on flaring and venting and the electrification of oil & gas installations, to ensure the future of the industry and ach
