Alternative Technology Archives

Halliburton to provide digitalization for PETRONAS exploration activities

July 28, 2020

Halliburton Deploying DecisionSpace® 365 powered by the iEnergy® Cloud to integrate and streamline upstream operations HOUSTON–(BUSINESS WIRE)–Jul. 28, 2020– Halliburton Company (NYSE: HAL) today announced it received a scope expansion from Petroliam Nasional Berhad (PETRONAS) to support their upstream digitalization initiatives and reduce exploration time by increasing collaboration and efficiency. PETRONAS is the custodian of Malaysia’s oil and gas resources

Rosen Group Unveils New Tank Bottom Inspection Service

July 23, 2020

360 Feed Wire Stans, Switzerland, July 2020 – The ROSEN Group introduces the new TBIT Ultra service for inspection of Aboveground Storage Tanks. The complex nature of corrosion has compelled ROSEN’s inspection and integrity specialists to consistently improve their knowledge, build experience, and advance technology in automatic corrosion detection and defect quantification. Early identification and repair of time-based threats, such

Chart Industries Reports 2020 Second Quarter Results

July 23, 2020

ATLANTA, July 23, 2020 (GLOBE NEWSWIRE) — Chart Industries, Inc. (NASDAQ: GTLS), a leading…… Username or E-mail Password Remember Me Forgot Password

CARBO Ceramics emerges from Chapter 11 under new ownership, successfully completes financial restructuring

July 20, 2020

Oil and Gas 360 HOUSTON, July 20, 2020 /PRNewswire/ — CARBO Ceramics Inc. (“CARBO” or “the Company”) announces that it has emerged from Chapter 11 bankruptcy protection. This marks the successful and expeditious completion of CARBO’s financial restructuring process along with the implementation of the Company’s Plan of Reorganization (the “Plan”), which was confirmed by the U.S. Bankruptcy Court for the Southern

Gore Street acquires 50MW Scottish storage project

June 22, 2020

Oil & Gas 360 Publishers Note: One of the energy topics we are watching is energy storage. Storage is critical for renewable energy projects. Energy storage investment fund Gore Street has reached a deal to acquire 100% of the 50MW Ferrymuir project in Fife, Scotland. Ferrymuir, which has been acquired from a group of investors comprising Abbey Properties, Yoogen and

BC Ferries’ Hybrid-electric Newbuilds Enter Service – A new update to a proven technology for WWII submarines

June 19, 2020

MarineLink Oil & Gas Publishers Note: Have you ever been on a WWII submarine, or met one of the veterans that served on them? The diesel-electric hybrid submarines played a critical role in defeating the Axis Powers. I would love to meet some of the submarine veterans on one of the BC Ferries to get their opinions of the vast

Shell, other oil companies seek less Saudi crude in April due to weaker demand -sources- oil and gas 360

Shell and IBM Team up to Accelerate Digitalization in the Mining Industry

June 17, 2020

NEW YORK, June 18, 2020 /PRNewswire/ — Shell and IBM (NYSE: IBM) today launched Oren, a global B2B Digital mining services marketplace platform, co-developed by the companies aimed at helping mining companies find solutions related to safety, sustainability, mine planning and operational efficiency.

Equinor testing new LNG-powered shuttle tankers

June 10, 2020

Offshore Energy Norwegian energy giant Equinor is testing two newbuild liquefied natural gas-powered shuttle tankers it chartered for operations in the North Sea. The first tanker Eagle Blane is owned by Malaysian shipowner AET, while the second vessel Rainbow Spirit belongs to Teekay’s Altera. Eagle Blane recently conducted its first LNG bunkering in the port of Rotterdam prior to heading to Amoyfjorden

Carnot Compression Inc. announces the launch of a reg CF raise on StartEngine

June 9, 2020

Oil & Gas 360 Carnot Compression Inc. is pleased to announce the launch of a Reg CF offering on StartEngine. Proceeds from the offering will be used to continue developing Carnot’s proprietary isothermal compression technology. About Carnot’s Patented Technology The revolutionary CarnotTM Compressor uses centrifugal waterfalls to entrain and compress gas. It is designed to operate as a true

Quorum Donates Land Management Software to the Texas Tech University Rawls College of Business

June 3, 2020

Quorum Software, the leader in digital transformation for the oil and gas industry, recently donated student licenses of its myQuorum Land Management Software to the Texas Tech University Rawls College of Business. This partnership provides students interested in energy career opportunities experiential learning as part of the Energy Commerce program.

Google plans to stop making A.I. tools for oil and gas firms

May 20, 2020

CNBC Google has pledged to stop building customized artificial intelligence (AI) tools that help oil and gas firms to extract fossil fuels worldwide. The pledge came after a Greenpeace report on Tuesday highlighted how Google, Microsoft, and Amazon use AI and warehouse servers to help the likes of Shell, BP, and ExxonMobil to locate and retrieve oil and gas deposits from the earth. A Google spokesperson confirmed to CNBC

Advanced Reactor Concepts (ARC) and Centrus Energy Sign Letter of Intent for HALEU Supply

April 28, 2020

WASHINGTON and BETHESDA, Md., April 28, 2020 /PRNewswire/ — Advanced Reactor Concepts, LLC, and Centrus Energy Corp. (NYSE American: LEU) have signed a letter of intent to cooperate in supporting deployment of U.S. uranium enrichment capacity to produce High Assay, Low Enriched Uranium (HALEU) – an advanced nuclear fuel that could power both existing and next-generation nuclear reactors, including ARC’s innovative sodium-cooled fast reactor

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