Upstream Oil & Gas
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SLB and TotalEnergies today announced a 10-year partnership to co-develop scalable digital solutions for enabling access to energy resources, with improved performance and efficiency. The partnership establishes a flexible framework for the companies to work together on addressing key challenges across the energy value chain, including carbon capture, utilisation, and sequestration (CCUS). The companies will
READ MORE »The University of Houston, the energy university with multiple energy-focused research centers, last week signed two memorandums of understanding with industry partners Promethean Energy and Endeavor Management. The agreements formalize the partnership to address the challenges of repurposing offshore infrastructure for clean energy use. Both companies will work closely with UH Energy, the University’s interdisciplinary energy initiative,
READ MORE »AIQ, the Abu Dhabi-based AI champion with innovative solutions for the energy sector, and Halliburton’s Landmark on Monday announced a partner agreement under which AIQ’s RoboWell autonomous well control (AWC) solution will be made available through Halliburton’s Landmark iEnergy hybrid cloud. The agreement marks a step in AIQ’s goal to expand the adoption of AI-enabled
READ MORE »Despite unprecedented energy challenges, 68% of oil and gas industry leaders express optimism for sector growth in the coming year. This confidence, revealed in a survey by DNV, underscores the sector’s resilience as it balances immediate demands with long-term environmental responsibilities. The latest DNV survey, “The paradox of petroleum – How the oil and gas
READ MORE »The U.S. Environmental Protection Agency and the U.S. Department of Energy have announced that applications are open for $850 million in federal funding for projects that will help monitor, measure, quantify and reduce methane emissions from the oil and gas sectors as part of President Biden’s Investing in America agenda. Oil and natural gas facilities are
READ MORE »Rebellion Energy Solutions‘ initial methane-abatement project on June 12 received a BeZero Carbon Rating of “A.” The designation from the independent, global carbon-credits ratings agency ranks Rebellion’s project in the top 6% of projects on which BeZero has issued ratings. The A rating represents agency’s opinion at publication of a “high likelihood” that each carbon credit generated by Rebellion’s
READ MORE »Seeq, a leader in industrial analytics, AI, and monitoring, and Equinor, an international energy company, today announced a multi-year commercial agreement for the Seeq Industrial Analytics and AI platform to be leveraged across Equinor’s global assets to further accelerate digital transformation outcomes. Through the agreement, Equinor will implement Seeq to empower its engineering teams to optimize production and
READ MORE »Viasat has announced that its Energy Services division has launched a purpose-built managed communications service for remote oil and gas customers that expands the capacity and capabilities of its connectivity service. The new solution, part of Viasat Energy Services’ range of offerings for the Energy sector, has been expanded to seamlessly incorporate low earth orbit
READ MORE »Cairn Oil & Gas, part of Vedanta Group and India’s leading private oil and gas exploration and production company, has set an ambitious goal to become Net Zero Carbon by 2030. This commitment underscores Cairn’s pioneering role in promoting Environmental, Social, and Corporate Governance (ESG) across the exploration and production (E&P) value chain. Over the
READ MORE »Pioneer Energy announced today that the company has been selected by the U.S. Department of Energy for a $10 million grant to advance their Emission Control Treater™ (ECT). This breakthrough well pad processing technology eliminates routine flaring and nearly all methane and conventional emissions from oil and gas production sites. The grant, awarded by the
READ MORE »Aramco, one of the world’s leading integrated energy and chemicals companies, has signed an agreement with Pasqal, a global leader in neutral atom quantum computing, to install the first quantum computer in the Kingdom of Saudi Arabia. The agreement will see Pasqal install, maintain, and operate a 200-qubit quantum computer, which is scheduled for deployment
READ MORE »ADNOC Drilling Company has been awarded a AED6.24 billion contract by ADNOC to provide drilling and associated services for the recovery of unconventional energy resources. The contract will see Turnwell deliver 144 unconventional oil and gas wells. To service the contract and explore the considerable future opportunities in unconventional resources, ADNOC Drilling has incorporated a new company, Turnwell
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