World Oil Digitalization is changing the face of drilling, allowing rig owners to improve performance and reducing operational costs for operators. The value of this transformation is evident but making the most of it requires an investment that not every company has the resources to make. Nabors has developed technology that not only enhances the performance of its own fleet but also
World Oil (Bloomberg) — It’s been a blockbuster summer for major oil companies. Exxon Mobil Corp. and Chevron Corp. posted record profits thanks to surging energy prices. The new U.S. climate bill includes concessions to oil and gas companies. There are other, quieter beneficiaries: Microsoft Corp., Amazon.com Inc. and the other cloud-services companies that are increasingly responsible for the computing horsepower behind
World Oil DNV, an independent energy expert and assurance provider, has joined ExxonMobil Upstream Research Company and Microbial Insights, Inc. in a Joint Industry Project (JIP) to develop the next generation of microbiologically influenced corrosion (MIC) detection, monitoring and mitigation technology. With global costs of corrosion estimated at $2.5 trillion, the project aims to significantly enhance detection and monitoring methods
Yahoo News LONDON- – U.S. energy tech firm Wildcat Discovery Technologies said on Wednesday that it has raised $90 million from investors to develop a high energy density battery cell for electric vehicles. The Series D funding round was led by Koch Strategic Platforms, the investment arm of industrial conglomerate Koch Industries, and included investments from Eastman Kodak and venture
Nasdaq The global offshore wind industry had a record year in 2021 in terms of new capacity but is still projected to fall short of the International Energy Agency’s net zero goals by 2030, a Global Wind Energy Council (GWEC) report said on Wednesday. More giant offshore turbines were installed in 2021 than in any previous year, with 21.1 gigawatts
World Oil Global digital services leader Asset Information Services (AIS), a James Fisher company, announced on Monday its business development and account management expansion plans, which includes new hires in key global regions for its rapidly growing customer base. In 2022, AIS is expanding its international team, putting boots on the ground in Indonesia, UAE, Nigeria, and Mexico through the
Oil and Gas 360 Publisher’s Note: LandGate was a presenting company at the 2022 The Energy Venture Investment Summit presented by EnerCom and Colorado School of Mines and EnerCom Dallas. For more information about presenting at an EnerCom conference, please contact EnerCom at conferences@enercominc.com. DENVER–(BUSINESS WIRE)–LandGate Corp., the United States’ leading marketplace and data provider for commercial land and its
Oil and Gas 360 Publisher’s Note: Exum Instruments was a presenting company at the 2022 The Energy Venture Investment Summit presented by EnerCom and Colorado School of Mines. You can view a replay of Exum’s presentation at The Energy Venture Investment Summit website at https://theenergyventuresummit.com/exum-instruments. For more information about The Summit please contact Dan Genovese at dgenovese@enercominc.com. DENVER, April 26, 2022 /PRNewswire/
World Oil Halliburton Company today introduced StrataStar™, a deep azimuthal resistivity service that provides multilayer visualization to maximize well contact with the reservoir and improve real-time reserves evaluation. The StrataStar service is the latest addition to Halliburton’s iStar™ intelligent drilling and logging platform, which combines deep subsurface insights with artificial intelligence for improved drilling performance and consistent well delivery. For more decisive
Oil and Gas 360 Publisher’s Note: William Foiles, Co-Founder and Chief Operating Officer at Project Canary will be participating on the Path to Net Zero Panel – 3pm – 4pm CT on Thursday, April 7, 2022 at EnerCom Dallas – The Energy Investment & ESG Conference (www.enercomdallas.com). Headwinds tied to sustainability concerns and environmental, social, and governance (ESG) reporting are
Oil and Gas 360 Publisher’s Note: William Foiles, Co-Founder and Chief Operating Officer at Project Canary will be participating on the Path to Net Zero Panel – 3pm – 4pm CT on Thursday, April 7, 2022 at EnerCom Dallas – The Energy Investment & ESG Conference (www.enercomdallas.com). Headwinds tied to sustainability concerns and environmental, social, and governance (ESG) reporting are
Oil and Gas 360 Publisher’s Note: FLITE presented at the 2022 The Energy Venture Investment Summit presented by EnerCom and Colorado School of Mines on Thursday, February 17, 2022 on the Colorado School of Mines campus in Golden, Colorado. You can view company summaries and all the presentations from The Energy Venture Investment Summit at https://theenergyventuresummit.com/presenting-companies. For more
