Technology

Interoperability: The next step in our tech evolution – Standards may – or may not – be a good thing

Interoperability: The next step in our tech evolution – Standards may – or may not – be a good thing

Oil & Gas


Oil & Gas 360 Publishers Note: The financial world started using MiFD II as a standard of regulation in the EU, and ESG also has standards being built for corporate measurements. It would stand to reason that

September 9, 2020 - 5:48 am Industry Insights, International, Technology
ArtNew joint venture moving forward with Permian carbon capture plant

ArtNew joint venture moving forward with Permian carbon capture plant

MRT


The Permian Basin has been the center of oil and gas production nationally – even globally – amid its unconventional shale boom.

Now the region stands to be the global center of efforts to capture and eliminate carbon emissions, …

August 23, 2020 - 10:38 am Climate Change, Energy News, Natural Gas News, Technology
Technology and efficiencies are not an option in the Oil and Gas market, if survival is the goal

Technology and efficiencies are not an option in the Oil and Gas market, if survival is the goal

Publisher's Note: Please join us today on Day 3 of The Oil & Gas Conference. We have fantastic presentations from Cimarex Energy, Avant Natural Resources, Core Lab, Pipestone Energy, and Project Canary. The Capital Accelerators are available for 1x1 meetings.

Technology and efficiencies are not an option in the Oil and Gas market, if survival is the goal

Technology and efficiencies are not an option in the Oil and Gas market, if survival is the goal

Publisher's Note: Please join us at The Oil & Gas Conference tomorrow morning Tuesday, August 18, 2020 at 7:00am for the Incubator Group Q&A. They are also available for 1x1 meetings.

 

The major economic shock events of 2020, including

Source: Locus Bio Energy

Oil & Gas in 2020: The road to financial recovery

Oil & Gas 360 Publisher’s Note:  Locus Bio-Energy Solutions will be presenting on Monday, August 17, 2020 at 3.30pm Mountain Time during the Energy Innovation Capital Accelerator Session at the 25th Anniversary of EnerCom’s The Oil and Gas Conference.

Interested

TGS Commences Egyptian Multi-Year Geophysical Survey

TGS Commences Egyptian Multi-Year Geophysical Survey

TGS


Oslo, Norway (11 August 2020) – TGS, a leading provider of multi-client geoscience data for exploration and production companies, today announced that it has commenced its first-ever regional airborne Enhanced Full Tensor Gravity Gradiometry (eFTG) multi-client survey – together

Weatherford remotely installs liner hanger on russian offshore platform during COVID-19 lockdown – Tech that can save lives

Weatherford remotely installs liner hanger on russian offshore platform during COVID-19 lockdown – Tech that can save lives

Oil&Gas


Remote training and monitoring procedures enable successful installation using a restricted crew

Weatherford International plc (OTC Pink: WFTLF) announced it successfully and remotely used a restricted crew to install a 16-inch liner hanger on an offshore platform in Sakhalin …

August 3, 2020 - 6:00 am Crude Oil News, International, Offshore, Tech Corner, Technology
Source: Reuters

Halliburton to provide digitalization for PETRONAS exploration activities

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 …

Rosen Group Unveils New Tank Bottom Inspection Service

Rosen Group Unveils New Tank Bottom Inspection Service

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, …

July 23, 2020 - 11:31 am International, Press Releases, Technology
Chart Industries Reports 2020 Second Quarter Results

Chart Industries Reports 2020 Second Quarter Results

ATLANTA, July 23, 2020 (GLOBE NEWSWIRE) — Chart Industries, Inc. (NASDAQ: GTLS), a leading…

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

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

Oil and Gas 360


HOUSTONJuly 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 …

July 20, 2020 - 2:30 pm Closing Bell Story‎, Energy News, Technology
Gore Street acquires 50MW Scottish storage project

Gore Street acquires 50MW Scottish storage project

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 …

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

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

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

Source: Reuters

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

NEW YORKJune 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, …

June 17, 2020 - 12:01 am Press Releases, Tech Corner, Technology
Eagle Blane (Image: Inger Johanne Stenberg/Equinor)

Equinor testing new LNG-powered shuttle tankers

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 …

June 10, 2020 - 8:00 am International, LNG, Marine Shipping, Technology, Transportation
Carnot Compression Inc. announces the launch of a reg CF raise on StartEngine

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

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.

Carnot Compression Inc. announces the launch of a reg CF raise on StartEngine- oil and gas 360

 

About Carnot’s Patented Technology

June 9, 2020 - 10:00 am Closing Bell Story‎, Energy News, Technology
Carnot Compression Inc. Announces the Launch of a Reg CF Raise on StartEngine

Carnot Compression Inc. Announces the Launch of a Reg CF Raise on StartEngine

360 Feed Wire


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.  For more information on the offering, …

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

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

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 …

Source: CNBC

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

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 …

New WolfePak Software Pumper App Automates  Field Data Capture and Analysis for Production and Well Data

New WolfePak Software Pumper App Automates Field Data Capture and Analysis for Production and Well Data

360 Feed Wire


ABILENE, Texas, May 7, 2020  — WolfePak Software, a leading provider of oil and gas accounting, regulatory compliance and automation software, today announced its new native Pumper solution for automated data collection, reconciliation and management of …

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

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 …

April 28, 2020 - 6:30 am Nuclear, Press Releases, Technology
Cosmo Oil Adopts SAP® Ariba® Solutions for Procurement Efficiency

Cosmo Oil Adopts SAP® Ariba® Solutions for Procurement Efficiency

360 Feed Wire


SAP NEWSBYTE — April 22, 2020 — SAP SE (NYSE: SAP) announced today that Japanese petrochemical company Cosmo Oil Co. Ltd. has rolled out SAP® Ariba® solutions to help it more efficiently procure indirect materials.

As a …

Quorum Software Focuses on Speed and Support in its Commitment to Customer Centricity

Quorum Software Focuses on Speed and Support in its Commitment to Customer Centricity

Quorum Software (Quorum), the leader in digital transformation for the oil and gas industry, today announced its expansion of Rapid Deployments, along with a new customer support model to support the adoption of faster, cloud-based software deployments by enterprise …

Quorum Software Releases “Modernizing Oil and Gas: Insights on the State of the Industry”

Quorum Software Releases “Modernizing Oil and Gas: Insights on the State of the Industry”

360 FeedWire


Quorum Software Releases “Modernizing Oil and Gas: Insights on the State of the Industry” to Guide the Oil and Gas Industry to Achieve Efficient and Agile Operations

Data Shows Only 13% Of the Oil and Gas Industry’s Leaders

April 15, 2020 - 10:08 am 360 Company Releases, Industry Insights, Technology
Royal Dutch Shell reskills workers in artificial intelligence as part of huge energy transition

Royal Dutch Shell reskills workers in artificial intelligence as part of huge energy transition

CNBC


Working at Royal Dutch Shell’s Deepwater division in New Orleans gives Barbara Waelde a front-row seat to how the right data can unlock crucial information for the oil giant. So when her supervisor asked her last year if …

April 3, 2020 - 1:30 pm Closing Bell Story‎, Energy News, Technology
Enverus helps steer energy companies enduring market challenges

Enverus helps steer energy companies enduring market challenges

Enverus – Oil & Gas News Feed


Recent acquisition of RS Energy Group helps create single-source, public ‘home base’ to deliver insights into energy market conditions.

Austin, TX (March 19, 2020) Enverus announces the launch of timely insights to help …

Validere Raises $15M USD Series A Funding led by Wing VC to Accelerate Supply Chain Efficiencies in the Energy Industry

“Forty trillion dollars of physical oil and gas is traded annually and 3 – 5% of that value evaporates due to opaque and fragmented product quality data,” said Ahmad, CEO at Validere. “As oil changes hands multiple times across the …

March 12, 2020 - 9:00 am Canada, Crude Oil News, Press Releases, Technology
Superior Drilling Products, Inc. Achieves 2019 Preliminary Revenue of $19 Million Driven by Growth in Middle East

Superior Drilling Products, Inc. Achieves 2019 Preliminary Revenue of $19 Million Driven by Growth in Middle East

Superior Drilling Products, Inc. (NYSE American: SDPI) (“SDP” or the “Company”), a designer and manufacturer of drilling tool technologies, today announced unaudited preliminary revenue for the year ended December 31, 2019, was $19.0 million, up 4% from the prior year. …

ERF Wireless, Inc. Forms New Subsidiary to Acquire Oil and Gas Assets

ERF Wireless, Inc. Forms New Subsidiary to Acquire Oil and Gas Assets

DALLASFeb. 21, 2020 /PRNewswire/ — ERF Wireless, Inc. (OTC PINK: ERFB), today announced that the board of directors have voted to form a new wholly owned private Texas subsidiary corporation named Zona Resources, Inc. The purpose of this …

Quorum Software Acquires EnergyIQ

Quorum Software Acquires EnergyIQ

Oil & Gas 360 News Wire ‘


Leader in Digital Transformation for Oil and Gas Enhances Software and Services Portfolio with Acquisition of the Industry Leader in Well Master Data Management

HOUSTON, February 18, 2020 –  Quorum Software (Quorum), the …