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NEWS Click on text to read news by category: General | Product | People | Worldwide

GE and Noble Unveil New Digital Drilling Vessel for Offshore Drilling Industry

February 26, 2018

GE and Noble have launched what it claims to be the world’s first digital drilling vessel, designed to achieve 20 percent operational expenditure reduction across the targeted equipment and improve drilling efficiency. This is a concrete step forward to unlock

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GTC Technology and Total to Partner on Natural Gas Conversion Process

February 15, 2018

GTC Technology has entered into a cooperative agreement with French oil and gas major Total to develop an innovative natural gas conversion process. The process will use less energy to manufacture the raw material used in the making of plastics

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ExxonMobil and MagnaBond to Partner on New Well Integrity Evaluation Technologies

January 22, 2018

ExxonMobil Upstream Research has signed a three-year joint development agreement with MagnaBond to develop new technologies that could improve cost-effective evaluation of well cementing, casing and tubing. The agreement was facilitated by the Industry Technology Facilitator as part of its

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Netzsch Unveils New Range of Multiple Screw Pump

January 15, 2018

Netzsch Pumpen & Systeme has unveiled its NOTOS line of multiple screw pumps which it claims is ideal for demanding pumping applications in the oil & gas, marine, power, and general industrial markets. Netzsch’s Multiple Screw Pumps are designed to

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SoCalGas to Develop New Technology to Convert Natural Gas to Carbon Fiber

January 15, 2018

Southern California Gas is partnering with a development team to advance a new process that converts natural gas to hydrogen, carbon fiber, and carbon nanotubes. The low-emission process, selected for funding by the U.S. Department of Energy’s (DOE) Fuel Cell

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MHI to License CO2 Capture Technology for Metafrax’s Chemicals Plant, Russia

January 5, 2018

Mitsubishi Heavy Industries (MHI) has signed an agreement to license flue gas carbon dioxide (CO2) capture technology for Russian chemical company PJSC Metafrax. The technology, known as the KM CDR Process, will be used for the Metafrax’s new chemical plant

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Alco Bio Fuel to Deploy GE’s Asset Performance Management Software

January 5, 2018

Alco Bio Fuel, a Belgium biorefinery will deploy GE Power’s Predix-based Asset Performance Management (APM) solution to future-proof the refinery’s power-generation unit’s refinery field operations. The service contract will last for 10 years, and GE will also be responsible for

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

December 20, 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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Billion Electric to Introduce SCADA Control Solution for Natural Gas Operations

December 20, 2017

Billion Electric has entered into a partnership with a natural gas company by providing industrial SCADA control solution with hundreds of Billion M100, the 4G LTE IoT Industrial Router, for real-time monitoring, data mining, and operation & maintenance for a

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Honeywell Deploys Its Advanced Process Control at Bashneft Refining Complex in Russia

December 19, 2017

Honeywell Process Solutions (HPS) has deployed its advanced process control (APC) at the Bashneft oil refining complex in Russia, owned by Rosneft Oil Company. Honeywell Profit® Controller and Profit® SensorPro allowed the Bashneft refineries to significantly increase the output of

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