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Tech’s New Frontier? Oil and Gas

November 20, 2019 - in Energy, News, Oil & Gas

READ THE EXECUTIVE SUMMARY FOR "THE DIGITAL TRANSFORMATION OF OIL AND GAS" BOSTON - According to a new report from Lux Research, the oil companies of the future may resemble the tech companies of today. Moreover, if these companies fail to adapt to the changing…

Oil and gas projects led by Chinese contractors in the Middle East region stand at US$75.3bn, says GlobalData

November 15, 2019 - in Energy, News, Oil & Gas

The total value of oil and gas projects awarded to Chinese contractors in the Middle East and North Africa (MENA) region, from stage of announcement to…

API Issues Three New Integrity Management Standards for Offshore Natural Gas and Oil Production

September 11, 2019 - in Energy, News, Oil & Gas

WASHINGTON - Today, API published three new Integrity Management (IM) standards to ensure the continued reliable and efficient operation of offshore floating…

China Set to Contribute 34% of Asia and Oceania’s Crude Distillation Units’ Capacity Growth by 2023, Says GlobalData

August 30, 2019 - in Energy, News, Oil & Gas

China is expected to drive capacity growth of 34% in Asia and Oceania’s refinery crude distillation units (CDUs) from planned and announced (new-build) projects between 2019 and 2023, according to GlobalData, a leading data and analytics company. The company’s…

Low-carbon Neste MY Renewable Diesel now available in Oregon, US

August 16, 2019 - in Energy, News, Oil & Gas

With climate change at the forefront of the global conversation, Neste, the world’s largest producer of renewable diesel fuel, is making reducing CO2 emissions more accessible to fleet owners in Oregon, US. The company is proud to announce an exclusive partnership…

Germany Set to Have 635bcf New-Build LNG Regasification Capacity, Contributing 31% of Europe’s Capacity Growth by 2023, says GlobalData

August 14, 2019 - in Energy, Oil & Gas

Germany is expected to drive capacity growth in Europe’s liquefied natural gas (LNG) regasification industry from planned and announced (new-build) projects during the outlook period 2019 to 2023, contributing around 31% of Europe’s total growth,…

Terra Drone Europe Conducts Oil Rig Platform Survey and 3D Modeling for Shell

August 2, 2019 - in Energy, News, Oil & Gas, Technology

Using modern GNSS techniques, the location of each and every asset on the rig platform was determined to facilitate accurate drill rig positioning Terra Drone Europe, a group company of Terra Drone Corporation, has successfully completed the aerial 3D survey…

Wärtsilä Gas Engine Solutions Will Support Local Industry by Increasing Egyptian Power Plant’s Capacity by Two Thirds

July 29, 2019 - in Energy, News, Oil & Gas

The technology group Wärtsilä will supply additional capacity for an existing power plant located in Borg El Arab, an industrial city some 45 kilometres southwest of Alexandria, Egypt. The plant is owned and operated by the National Electricity Technology…

Wärtsilä Engines Will Support Modernising of Michigan State University’s Power System

June 19, 2019 - in Energy, News, Oil & Gas

The technology group Wärtsilä has been chosen to provide a flexible power generation solution based on three gas fueled Wärtsilä 34SG engines to ensure operational flexibility in the power generation system of Michigan State University’s (MSU) East Lansing…

RigNet’s Intelie Delivers Machine Learning-Based Analytics for Advanced Fracturing Operations

April 22, 2019 - in Energy, Oil & Gas, Technology

HOUSTON - RigNet (NASDAQ: RNET), the leading provider of ultra-secure, intelligent networking solutions for distributed oil and gas operations, announced today that Intelie Live, RigNet’s machine learning-based analytics platform, is now broadly available…