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We are an Exploration Team testing new business models and accelerating exploration at NCS by providing Regional Studies and Ready-to-Drill Prospects

Stavanger, Norway
Joined August 2016
Photo by ExploCrowd (@ExploCrowd)Photo by ExploCrowd (@ExploCrowd)Photo by ExploCrowd (@ExploCrowd)Photo by ExploCrowd (@ExploCrowd)Photo by ExploCrowd (@ExploCrowd)Photo by ExploCrowd (@ExploCrowd)Photo by ExploCrowd (@ExploCrowd)Photo by ExploCrowd (@ExploCrowd)Photo by ExploCrowd (@ExploCrowd)Photo by ExploCrowd (@ExploCrowd)
OIL MARKET: Goldman Sachs reckons that global oil demand has surpassed 99m b/d, and will "shortly hit its pre-COVID level of 100m b/d as Asia rebounds post the Delta wave" | #OOTT #COP26Glasgow #COP26
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Lindsø: “It was a surprise to me that we are talking about abundant natural oil leakages that are up to 10 kilometres long and several hundred meters wide,” she said.
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Sidsel Lindso, a geologist and head of Norwegian exploration consultancy Explocrowd, said this study finds new indications of significant amounts of oil and gas in areas that either have not yet been explored. She urged politicians not to close off this area for oil and gas.
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What happens when energy producers stop investing and demand remains strong: Asian spot coal benchmark prices (Newcastle 6,000kc) have surged this week to a 10-year high of more than $123 per metric tonne
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Mark you calendars: June 29 is the next JTC, 30 June is the JMMC and 1 July the opec plus meeting #OOTT #opec
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Undervurdert i vestlig politikk og vestlige medier for tiden. Da jeg startet å følge energispørsmål for 15 år siden var dette problemstillinger både bransjen og politikerne var bevisste på. Og selv om jeg har passert 40, - maktbalansen har ikke utviklet seg i positivt siden da.
This quoted post is unavailable.
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Only just the other day I realised that we have actually made it in @ExploCrowd - achieving what we started out to do, which was to build an #unboss (network based) organisation. This was of course greatly inspired by @boetter and @kolind, but we have confirmed they were right:
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And yes, there's a permanent loss of demand, due to the impact of covid (as there's a GDP permanent loss). But, as the @IEA says, "in the absence of more rapid policy intervention and behavioural changes, longer-term drivers of growth will continue to push up oil demand" | #OOTT
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A sobering reminder of how staggeringly difficult a goal like net zero is. At its peak, 85% of the global economy was in lockdown. Emissions back to pre-pandemic levels by end of the year. Total decline for the year 5.4%. And peak decline year-on-year was ONLY 18%.
A new estimate of fossil CO₂ emissions in 2020 from @Carbon_Monitor, showing a decline in the full year of 5.4% (1900MtCO₂). The dip was largest in the first COVID19 wave in ~April, but at the end of 2020, monthly emissions were similar to 2019. 1/ arxiv.org/abs/2103.02526
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ExploCrowd retweeted
Two of the biggest banks on Wall Street are calling a new “supercycle” in oil, with JPMorgan Chase and Goldman Sachs both predicting prices will soar when the pandemic abates.../1 #OOTT @OilSheppard @ftenergy #Oil #COVID19 must read: 👇 ft.com/content/f87ce114-f437…
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OIL DEMAND: French road fuel demand (gasoline and diesel) posted in Sep its first y-on-y increase since Feb, up 0.7%. Another sign people using their cars instead of public transport. However, total oil demand still down, weighed by jet-fuel | #OOTT ufip.fr/actualites/la-consom…
U.S. oil executives surveyed by @DallasFed say that the American oil rig count won't start increasing significantly unless WTI reaches >$51 a barrel (right now, WTI is at ~$40 a barrel) #OOTT Link: dallasfed.org/-/media/Docume…
And if you are curious about the RE:initiative - read more here, or get in touch! explocrowd.com/reinitiative Delivering #energy you can trust - from companies you can believe in #CCS #ReduceEmissions #accelerate
We have full speed ahead on our RE:initiative with the ambition to help accelerate the 50% reduction of CO2 emissions before 2030, kindly supported by @InnovasjonNorge Our latest blog post explains the importance of #CCS related to #blueHydrogen explocrowd.com/explocrowd-bl…
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Life is beautiful not because of the things we see or the things we do. Life is beautiful because of the people we meet.
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Today, I experienced ‘Master suppression techniques’ in action against me for the first time in my career. So I just want to reach out with a tribute to all the wonderful modern men that I have been lucky to work with through all those years! Thank you! 😘
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OIL MARKET: Goldman Sachs, which turned bearish oil earlier this summer, is now turning bullish, particularly for 2021. GS sees now Brent at $44.5 a barrel in 4Q 2020 (previously $37) and $48 a barrel in 4Q (vs $43). And for 2021, it forecasts an average of $59.4 (vs $48) #OOTT
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ExploCrowd retweeted
OPEC projects oil demand exceeding pre-virus levels in 2021. ow.ly/5Gh950AxRzZ #coronavirus #Covid19 #OPEC #oildemand #oilandgas #production #oilndgasnews
#twitter universe, I’m curious of your thoughts! Some countries try to secure medical equipment and vaccine exclusivity for themselves, but we also see incredible and fast-forward moving #COVID19 collaboration at #EU, #UN and even OPEC++ levels. What will we see more of?! 🧐
60%More global collaboration
40%More natnl protectionism
10 votes • Final results
I am having flashbacks
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As we digest the #oil market opening, spare a thought for everyone in the industry. Some people would make lots of money tonight. But if the price war goes on, people would lose jobs, companies would go bankrupt, and entire oil countries would crumble. Terrible times | #OOTT
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