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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
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
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
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
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
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
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
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
KBR and IBM Partner to Develop Digital Solutions for Hydrocarbons Industry
May 16, 2017
KBR and IBM have signed an agreement to collaborate on the development of digital products and services to help oil and gas and petrochemical customers reduce costs and increase profit, reliability and safety. Falling crude prices, volatile socio-economic and political
ABB Secures Research Council of Norway Grant to Develop Subsea Power Systems
May 16, 2017
ABB has secured a NOK10m research grant from the Research Council of Norway to develop subsea technology for use on the Norwegian continental shelf and the Barents Sea. This is the third award for ABB as part of the Council’s
