Innovation

LATEST
NEWS

All News For
Innovation

OMV and Cognite Extend Collaboration to Accelerate Digitalization Transformation Program

An agreement has been reached to extend and accelerate a digitalization transformation program. According to a news release, Norwegian software as a service company Cognite announced an extension of its long-term frame agreement with OMV, the international, integrated oil, gas, and chemicals company headquartered in Vienna, Austria. Using Cognite’s Industrial DataOps platform, Cognite Data Fusion,

READ MORE »

Shell Makes The Case for 3D Printing in the Oil & Gas Industry

According to 3dprint.com, Oil & gas majors are at what is perhaps the greatest crossroads in their history, with the largest fossil fuel conglomerates bringing in record profits, receiving record amounts of social and political backlash, and facing unprecedented uncertainty in terms of both supply and demand. Beyond the oft-discussed windfall taxes by governments, and

READ MORE »

Acteon Launches Cloud-Based Platform for Offshore Energy Subsea Assets and Data

The offshore energy industry could now have a method to monitor subsea assets in a new way. According to Offshore Energy, Acteon, through its geo-services brand UTEC, has launched a cloud-based platform that gives the offshore energy industry a 360° visualization of subsea assets and data. Designed to meet the needs of the offshore renewable

READ MORE »

DOE Invests $47 Million to Reduce Methane Emissions From Oil and Gas Sector

The Biden administration just made a major investment in methane reduction. According to an announcement from the Department of Energy, the DOE announced nearly $47 million in funding for 22 research projects. These projects are intended to progress the development of new technologies to help detect, quantify, and reduce methane emissions across the oil and

READ MORE »

Chevron Enters Agreement with Norwegian Tech Firm to Digitize Global Assets in Multi-year Deal

An oil and gas major is taking another significant step toward digitalization. According to Offshore Engineer, Kongsberg Digital has entered an agreement with Chevron Technical Center, a division of the U.S. oil major Chevron, to digitize its global assets using Kongsberg Digital’s digital twin technology. The agreement includes a multi-year commitment.  “We are extremely pleased

READ MORE »

AI Projected to Grow at 13% Rate in Oil and Gas Market Through Forecast Period

A researcher on business trends is forecasting a major growth in artificial intelligence use in the oil and gas industry. According to a news release, the Business Research Company’s “AI In Oil And Gas Global Market Report 2023” (an information source that covers AI in the oil and gas market) is projecting AI in oil

READ MORE »

NESR Inaugurates Flagship Innovation Center NORI In Saudi Arabia’s Dharan Techno Valley

A major innovation hub is opening in the Middle East. According to a news release, National Energy Services Reunited Corp. (NESR), an international provider of integrated energy services in the Middle East and North Africa region, announced the opening of its NESR Oilfield Research & Innovation (NORI) Center in Saudi Arabia’s Dharan Techno Valley. NESR

READ MORE »

Partnership Made Between Mitsubishi, Magellan X for Maritime, Oil and Gas Digitalization

Two major international corporations have agreed to work together to promote digitalization in oil and gas. According to World Oil, ESG technology company Magellan X has finished a successful trial of the SOL-X innovative safety solution with MC Shipping Ltd., a global shipping company and a subsidiary of Mitsubishi Corporation. Magellan X is known for building

READ MORE »

Telecommunications Company to Roll out Europe’s Largest Distributed Virtual Power Plant

A Finnish telecoms company will use a multi-million dollar grant from the Finnish government to deploy a ‘Distributed Energy Storage’ solution across its network. According to Energy Monitor, telecommunications company Elisa was awarded a €3.9m ($4.16m) grant from the government of Finland to move forward with a ‘Distributed Energy Storage’ (DES) solution across its network.

READ MORE »

Hydrogen Funding Awarded $20 Million by the Hydrogen Centre of Excellence

A research and innovation agency is making a major investment in Canada’s hydrogen infrastructure. According to a company news release, the Alberta Hydrogen Centre of Excellence (HCOE) is awarding $20 million to 18 successful projects to advance innovations in hydrogen through its first funding competition. “Unlocking the potential of clean hydrogen is an essential part

READ MORE »

Tidal Power Project Hits Major Milestone, Energy Company Announces

A UK based energy company is among those leading the way for tidal power development. According to CNBC, an Edinburgh-headquartered firm said that its tidal power project had achieved a world first by producing 50 gigawatt hours of electricity. “During the early hours of this morning … our tidal stream array off the coast of

READ MORE »

Exxon to Use Honeywell Carbon Capture Tech at Hydrogen Facility

An oil and gas major has entered a new partnership for a new hydrogen facility. According to Reuters, Exxon Mobil Corp is partnering with Honeywell International Inc. to use technology to capture carbon dioxide at a proposed hydrogen production facility in Texas, Honeywell said. Honeywell said the technology allows Exxon to capture approximately 7 million

READ MORE »

UPCOMING CONFERENCES

JOB LISTINGS

All Job Listings
For Innovation

THE ENERGY CONFERENCE NETWORK COMMUNITY

Blockchain

VIEW CHANNEL

Decarbonization

Discuss & debate the latest in Decarbonization. Leave comments, share ideas, or have a look at what others think.

VIEW CHANNEL

Digitalization

Discuss & debate the latest in Digitalization. Leave comments, share ideas, or have a look at what others think.

VIEW CHANNEL

Energy Efficiency

Discuss & debate the latest in Energy Efficiency. Leave comments, share ideas, or have a look at what others think.

VIEW CHANNEL

Energy Storage

Discuss & debate the latest in Energy Storage. Leave comments, share ideas, or have a look at what others think.

VIEW CHANNEL

Hydrogen

Discuss & debate the latest in Hydrogen. Leave comments, share ideas, or have a look at what others think.

VIEW CHANNEL

Midstream & Downstream Oil & Gas

Discuss & debate the latest in Midstream & Downstream Oil & Gas. Leave comments, share ideas, or have a look at what others think.

VIEW CHANNEL

Renewables

Discuss & debate the latest in Renewables. Leave comments, share ideas, or have a look at what others think.

VIEW CHANNEL

Supply Chain

VIEW CHANNEL

Upstream Oil & Gas

Discuss & debate the latest in Upstream Oil & Gas. Leave comments, share ideas, or have a look at what others think.

VIEW CHANNEL

Utilities

Discuss & debate the latest in Utilities. Leave comments, share ideas, or have a look at what others think.

VIEW CHANNEL

Get In Touch

Untitled

Energy Conference Network

Join the Energy Conference Network and gain insight from industry leaders, peer forums, and events. Promote your business through our member directory and be the first to hear about upcoming webinars & events.

Register Today