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Waterborne Signs MoU with Hydrogen Europe

May 14, 2019

Hydrogen Europe and the Waterborne Technology Platform signed a Memorandum of Understanding (MoU) on 13 May 2019  to foster opportunities of hydrogen based fuels as part of zero-emission waterborne transport.The European research and innovation…

Revenue Leakage: A Cost of Doing Business or Ripe for Change?

Apr 29, 2019

Talk to any business leader in the oil and gas industry and they’ll likely tell you that revenue leakage is an unfortunate cost of doing business. It’s no secret, it’s just something that happens. And most CFOs don’t know that there are solutions…

GA Drilling Gets Capital Boost

Apr 01, 2019

Slovakia-based GA Drilling has received a boost to help develop, test and commercialize its innovative plug and abandonment (P&A) technology. The company has signed a £4.2 million ($4.7 million) funding agreement with Budapest based venture capital firm Lead Ventures…

Schlumberger, Rockwell Form Automation JV

Mar 21, 2019

Industrial automation and information company Rockwell Automation and oilfield services provider Schlumberger have teamed up to create what they're calling the first fully integrated digital oilfield automation solutions provider.The new Houston based joint venture…

Woodside Invests in Cyber Security

Mar 18, 2019

Australia's largest independent oil and gas company said it has invested in a Western Australian company specializing in the protection and security of critical infrastructure.Woodside will take a 10% shareholding in Sapien Cyber, subject to satisfaction of conditions precedent…

Repsol, Emerson Pact for Geoscience R&D

Mar 13, 2019

Emerson and Repsol announced they have established a strategic alliance to deliver advanced subsurface geophysical technologies to reduce the time to prospect and produce first oil.Emerson, a global engineering and technology company,  will…

Oil, Gas Majors Join Blockchain Consortium

Feb 27, 2019

A group of seven major oil and gas companies, including ExxonMobil Corp., Chevron Corp. and ConocoPhillips, announced a partnership to establish the first industry blockchain consortium in the United States.With several use cases across the industry value chain…

Welcon to Build World's First TetraSpar Foundation

Feb 17, 2019

Denmark’s Welcon has received the order to produce the first TetraSpar floating offshore foundation for a consortium comprising Shell, Innogy and Stiesdal Offshore Technologies.We are very proud to be involved in this exciting project, which…

Eni, SABIC Form Gas Venture

Feb 12, 2019

Italian multinational oil and gas company Eni and Saudi Arabian chemical giant SABIC have signed a Joint Development Agreement to further develop an innovative technology for natural gas conversion into synthesis gas that can be further transformed into high value fuels and chemicals…

BP Invests in New AI Technology

Jan 28, 2019

BP has invested further in artificial intelligence (AI) technology as part of an effort to accelerate project lifecycles, from exploration through to reservoir modeling.The super major announced Monday that its technology investment arm BP Ventures…

BIOFUELS: Clariant, ExxonMobil, REG Partners on Research

Jan 23, 2019

Clariant  signed a joint research agreement with ExxonMobil and Renewable Energy Group (REG) to evaluate the potential use of cellulosic sugars from sources such as agricultural waste and residues to produce biofuel, which has the potential to play a role in reducing greenhouse gas emissions…

UK Opens National Decommissioning Center

Jan 14, 2019

The National Decommissioning Centre (NDC) is opened by Lord Duncan, UK Government Minister for Scotland and Paul Wheelhouse MSP, Scottish Energy Minister, in Newburgh, in North-East Scotland’s Energetica Corridor.The Centre aims to work in partnership…

Tendeka Secured AICD Contract in the Middle East

Jan 10, 2019

Independent global completions service company Tendeka reports it has secured a further multimillion-dollar contract with a major national oil company in the Middle East.The agreement will see Tendeka provide reservoir modelling and the installation…

SurfWEC to Tap Ocean Wave Power

Jan 10, 2019

New Jersey based marine engineering firm Martin & Ottaway together with industry partners, has formed a new company, SurfWEC LLC, that will develop Wave Energy Converters (WECs) using patented features that are expected to increase energy recovery…

Chevron, Occidental Invest in CO2 Removal Technology

Jan 09, 2019

Canada-based Carbon Engineering said on Wednesday it had received investment from a subsidiary of Occidental Petroleum Corp. and the venture capital arm of Chevron Corp. for its technology that removes carbon dioxide directly from the air.Oxy Low Carbon Ventures…

Current News

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Unique Group Acquires Subsea Innovation

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ConocoPhillips Misses Quarterly Profit Estimates

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Taliban Plan Regional Energy Trade Hub with Russian Oil in Mind

Russia Shipping Oil to North Korea Above UN Mandated Levels

Russia Shipping Oil to North Korea Above UN Mandated Levels

Yinson Completes $1.3B Financing for Agogo FPSO

Yinson Completes $1.3B Financing for Agogo FPSO

Sapura Energy Hooks Subsea Services Contract from Thai Oil Major Off Malaysia

Sapura Energy Hooks Subsea Services Contract from Thai Oil Major Off Malaysia

Philippines' PXP Energy Eyes Petroleum Blocks in Non-Disputed Areas

Philippines' PXP Energy Eyes Petroleum Blocks in Non-Disputed Areas

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