Nippon Foundation, DeepStar Launch Joint Decarbonization R&D Program
The Nippon Foundation signed a Memorandum of Understanding (MoU) with the offshore technology development consortium DeepStar to establish a joint research and development program focused on decarbonization in offshore oil and gas, with a focus on renewable energy and the environment.The initial program budget is up to $10 million through 2026…
Fronius Updates its Welding Systems Portfolio
From the automotive and component supply industry to machine and plant construction, and also the oil and gas industry: mechanized welding processes are indispensable in all metal-working sectors. Fronius Perfect Welding therefore offers a wide range of products and services for automated welding technology.
$3 Bln LNG-to-power Project Planned in Bay of Bengal
Bangladesh's Summit Power International said on Tuesday it signed a memorandum of understanding with Japan's Mitsubishi Corp and subsidiary Diamond Gas International to develop a $3 billion LNG-to-power project. Under the MoU, subsidiary Summit Corp, group company Summit Holdings and the…
DSME, Kongsberg Maritime Join Forces
DSME and Kongsberg Maritime have signed a Joint Development Agreement (JDA) for a new LNG FSRU regasification control system. As part of the delivery scope for a vessel currently under construction at the Okpo shipyard in South Korea, DSME will develop a High Fidelity Dynamic Simulator for the regasification plant.
'Frack now, pay later,' - Top Companies Amid Oil Crash
Business is so tough for oilfield giants Schlumberger NV and Halliburton Co that they have come up with a new sales pitch for crude producers halting work in the worst downturn in years. The moves by the world's No. 1 and No. 2 oil services companies show how they are scrambling to book sales…
Service Firms to Producers: Frack now, pay later
Business is so tough for oilfield giants Schlumberger NV and Halliburton Co that they have come up with a new sales pitch for crude producers halting work in the worst downturn in years. The moves by the world's No. 1 and No. 2 oil services companies show how they are scrambling to book sales…
US to Test 'Submarine' Drone That Can Launch from Ocean Floor
USA’s Defense Advanced Research Projects Agency (DARPA) is testing a drone that can hibernate on the ocean floor for years at a time before being launched to the surface and into the air at the push of a button. The new drones, being developed by the DARPA, are part of a new focus by the…
Total E&P, Talisman to Open Technology Showcase
Oil and gas industry figures will give views on the growing importance of technology in helping the sector tackle cost and efficiency challenges in a difficult business environment at the Technology Showcase in Aberdeen on March 4. The conference, organized by the Industry Technology Facilitator (ITF) in partnership with Oil & Gas UK…
AVEVA Opens Office in Saudi Arabia
AVEVA has announced the opening of its new office in the Kingdom of Saudi Arabia.The office will offer sales and support for all of AVEVA’s solutions and services, with particular focus on Owner Operators (OOs) and engineering, procurement and construction (EPCs) contractors in the oil and gas and power sectors.
RMSpumptools Appoints Boeri VP of Sales
RMSpumptools, specialists innovative artificial lift technology, has announced the appointment of electrical connector specialist Ted Boeri as vice president of global sales. One of the industry’s leading names in electrical connectors, Boeri will head up the Aberdeenshire-based company’s Electrical Penetrator division.
Launch of New Subsea Research Initiative
A major subsea research initiative has launched this month. The National Subsea Research Initiative (NSRI) will be the focal point for the co-ordination of research and development activities for the UK’s subsea oil and gas sector. As a direct link between the subsea community and academia as well as government…
Hearing on Oil Recovery Research & Technology Needs
The Subcommittee on Energy and Environment of the House Committee on Science and Technology conducted a hearing on Research and Technology Needs for Oil Recovery and Effective Cleanup of Oil Spills. Committee Chair Bart Gordon (D-) made an opening statement. Subcommittee Chair Brian Baird (D-) made an opening statement. Mr.
