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Baker Hughes Unveils New Digital Solutions for More Intelligent Operations and Cleaner Energy
February 24, 2023
Baker Hughes has introduced multiple new digital solutions and investments to advance more intelligent and energy-efficient operations. The result of detailed research conducted with oil and gas, heavy industry, and broader industrial customers and partners, the solutions focus on improving
Baker Hughes Forms Digital Collaboration with Corva to Enhance Well Construction Efficiency
February 22, 2023
Baker Hughes entered a strategic investment and collaboration agreement with Corva. Corva a Houston-based company that delivers cloud-based well construction digital solutions, to bolster oil and gas customers’ rig visualization and drive enhanced decision making across the well lifecycle. Corva
ExxonMobil to Deploy Honeywell’s Carbon Capture Technology at Its Baytown Complex, Texas
February 20, 2023
Honeywell said ExxonMobil will deploy one of Honeywell’s carbon capture technologies — Honeywell’s CO2 Fractionation and Hydrogen Purification System — at its integrated complex in Baytown, Texas. This technology is expected to enable ExxonMobil to capture about 7 million tons
Transocean Wins Contracts and Extensions Worth $488 Million for Five Drilling Rigs
January 5, 2023
Transocean Ltd. has secured contract awards or extensions for five of its drilling rigs. Together, the fixtures represent approximately $488 million of firm backlog. Deepwater Invictus, an ultra-deepwater drillship, was awarded a new three-well contract with an estimated 100-day duration
Apache Corporation Selects Omnira Software for Reserves Management
December 21, 2022
Omnira Software, the creator of MOSAIC, the market leader in providing solutions for reserves management and petroleum economics, said that Apache Corporation, a global leader in the exploration and production of oil and natural gas, has selected MOSAIC™ to modernize
Nabors Marks Milestone with Modular Rig Upgrade that Automates Routine Drilling Activities
December 7, 2022
Nabors Industries Ltd. has launched its Canrig Red Zone Robotics (RZR) Rig Floor Module, a modular rig upgrade that automates routine drilling activities. Nabors retrofitted an existing rig — X29 — with RZR (pronounced razor) and has successfully drilled multiple
Vertice Oil Tools Expands Its Portfolio with Acquisition of MorphPackers’ Assets
December 6, 2022
Vertice Oil Tools has acquired substantially all the assets of MorphPackers Limited. This acquisition bolsters Vertice’s re-completions capabilities, enabling Vertice to address the rapidly growing re-frac market. “We are excited to announce the complementary acquisition of Morph’s re-frac business. Morph’s
ChampionX Releases New XSPOC 3.2.2 Software to Extend Optimization Capabilities
December 6, 2022
ChampionX has releases its new XSPOC™ production optimization software, XSPOC 3.2.2. This release expands the software’s core artificial lift capabilities to include wellsite surveillance and chemical optimization. Continuing to build on autonomous control features previously introduced for rod lift and
Babcock & Wilcox and Chart Industries to Collaborate on Hydrogen Innovation
December 5, 2022
Babcock & Wilcox (B&W) has entered into an agreement with Chart Industries to collaborate on the further deployment of B&W’s BrightLoop™ hydrogen generation technology, utilizing Chart’s integrated hydrogen liquefaction and cryogenic carbon capture equipment and expertise. Together, this solution provides
Whip Around Launches New Document Management Solution for Fleet Managers and Drivers
December 5, 2022
Whip Around has launched a new document management solution for fleet managers and drivers, a move designed to improve compliance and ensure their drivers are road ready at all times. Poorly managed or missing documentation consistently features in the top
