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Maersk Drilling Invests in New Technology to Facilitate Carbon-neutral Drilling
August 3, 2020
Maersk Drilling has entered an agreement to invest USD 1 million in the California-based company Clean Energy Systems to help develop a new technology called Carbon-Negative Energy. The concept builds on proven technology originally developed for the aerospace industry, which
Black & Veatch Collaborates with Hexagon on Intelligent Tools
July 23, 2020
Black & Veatch and Hexagon’s PPM division launched a new technology partnership that will advance engineering design further into the digital age. Oil and gas industry issues remain top of mind across the globe, as growing demand for cleaner, more
Weatherford Signs $15 Million Two-Year Contract with Major Independent Operator in Argentina
July 23, 2020
Weatherford International has been awarded an exclusive two-year, $15 million contract with a major independent operator in Argentina. Weatherford will provide 146 surface pumping units, including the Maximizer® II surface pumping unit and the Rotaflex® 2.0 long-stroke pumping unit. Both
Halliburton Forms Agreement with Microsoft and Accenture to Advance Digital Capabilities
July 22, 2020
Halliburton, Microsoft and Accenture have announced they have entered into a five-year strategic agreement to advance Halliburton’s digital capabilities in Microsoft Azure. Under the agreement, Halliburton will complete its move to cloud-based digital platforms and strengthen its customer offerings by:
Snam and Baker Hughes Test Hybrid Hydrogen Turbine for Gas Networks
July 22, 2020
Italian energy infrastructure firm Snam and US-based oilfield services company Baker Hughes announced the successful completion of testing for what it claims to be the world’s first ‘hybrid’ hydrogen turbine for gas networks. The NovaLT12 turbine, which allows transportation pipelines
Halliburton and TechnipFMC Launch Joint Subsea Fiber Optic Service
July 21, 2020
Halliburton Company and TechnipFMC introduced Odassea™, the first distributed acoustic sensing solution for subsea wells. The technology platform enables operators to execute intervention-less seismic imaging and reservoir diagnostics to reduce total cost of ownership while improving reservoir knowledge. The Odassea
TGT Oilfield Services Launches Industry First in Well Integrity Diagnostics
July 14, 2020
TGT has launched of Pulse1, the industry’s first slimhole tube integrity technology that delivers actual wall thickness measurements in eight sectors with “all-around” sensing of tube wall condition. This advanced diagnostic capability underpins new answer products and enables operators to
DCP Midstream, Kairos Aerospace Launch Methane Management Initiative Driven by Emerging Technologies
July 14, 2020
DCP Midstream and Kairos Aerospace has launched a groundbreaking new methane management initiative across DCP’s portfolio of natural gas assets. The initiative will use Kairos’ sophisticated airborne methane monitoring techniques and advanced data analytics to digitally enable DCP’s goals of
Tallgrass Energy Enters Agreement With ECOVAP for Wastewater Management Technology
July 9, 2020
Tallgrass Energy, through its Tallgrass Water division, has entered into a multi-year agreement with ECOVAP, a leader in wastewater elimination that gives Tallgrass Water exclusive rights within the oil and gas industry to use the company’s patented and patent-pending wastewater
TGS Unveils Its Dynamic Matching Full Wave Inversion Technology
June 29, 2020
TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, today announced its Dynamic Matching Full Wave Inversion (DM FWI) technology. The new imaging approach uses seismic reflection and refraction information to automatically update the velocity
