Oil, Gas and Shale
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NEWS Click on text to read news by category: General | Product | People | Worldwide

Beyond Limits Secures $20 Million to Advance Its Industrial-grade AI Software

June 26, 2017

Artificial intelligence (AI) and cognitive computing firm Beyond Limits has raised $20m in Series B funding from BP Ventures. BP Ventures is a corporate investment arm of global energy business, BP Beyond Limits will use the funding to accelerate the

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Duke Energy and Siemens Ink Deal to Deploy Advanced Gas Turbine Technologies

June 20, 2017

Duke Energy and Siemens have forged an innovative agreement for deploying advanced gas turbine technologies at the former’s Lincoln County Combustion Turbine (LCCT) generation site in North Carolina, US. In this regard, the American utility Duke Energy has proposed expansion

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Emerson’s Enardo Reduces Storage Tank Emissions, Conserves Tank Contents

June 14, 2017

Emerson’s Enardo™ Model ES-665 offers users industry-leading performance to address emissions regulations Emerson Automation Solutions has introduced the Enardo ES-665 spring-loaded thief hatch for use on low-pressure storage tanks in oil and gas and other industries. Storage tanks can emit

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James Fisher Subsea Excavation Launches New Innovative MultiROV System

June 14, 2017

Leading M/CFE excavation specialist James Fisher Subsea Excavation (JFSE) has launched the innovative new MultiROV system to satisfy additional client requirements. The MultiROV brings new levels of controllability and productivity for excavation requirements in the offshore oil & gas and

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Oil Spill Response, Trendsetter, Halliburton to Develop Integrated Subsea Well-capping Solutions

June 9, 2017

Oil Spill Response (OSRL), Trendsetter Engineering and Halliburton have signed a Memorandum of Understanding (MoU) for integrated subsea well-capping response solutions. With the MOU, the companies will create a strategic alliance for oil and gas exploration and production companies globally,

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Xvision Software Launches Cloud-Based Technology FieldAP to Digitize Offshore Field Development

June 9, 2017

Xvision Software has launched FieldAP, the first 100 percent cloud-based technology for the energy industry providing offshore project managers with an online tool for visual field development, digital planning and cost containment. The online tool is capable of accelerating project

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Halliburton, Trendsetter and C-Innovations Form Gulf of Mexico Subsea Alliance

June 9, 2017

Halliburton, Trendsetter Engineering and C-Innovations have formed a strategic alliance to provide Gulf of Mexico (GOM) customers with technologically advanced, integrated offshore well intervention packages. The alliance leverages the companies’ strengths to create subsea solutions for hydraulic interventions. The combined

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Tendeka Rolls Out PulseEight Wireless Completion Technology for Oil Fields

June 9, 2017

After significant R&D focus, Tendeka has recently launched PulseEight, the latest advance in wireless intelligent completion technology for the digital oilfield. Tendeka’s PulseEight system uses unique pressure pulse telemetry to channel wireless communication between a well’s downhole monitoring and control

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Florida International University Researchers Develop New Tool to Assess Oil Spills

May 31, 2017

Researchers at Florida International University (FIU) have developed a new tool to assess oil spills. Little is known about the chemical make-up of oil and how it acts when it mixes with seawater or sunlight during a spill. But by

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Eni Partners with Fincantieri for Natural Gas Power Systems Development

May 31, 2017

Eni has signed a bilateral Memorandum of Understanding with Fincantieri establishing a research and development partnership. The agreement covers a wide range of potential partnerships including the study of initiatives related to the natural gas transport chain, LNG, and the

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