technology – Page 3 – Oil & Gas 360

Schlumberger becomes SLB, a technology company driving the future of energy

October 24, 2022

World Oil HOUSTON — Schlumberger today announced its new name—SLB—underscoring the company’s vision for a decarbonized energy future and affirming its transformation from the world’s largest oilfield services company to a global technology company focused on driving energy innovation for a balanced planet. Beginning today, the legacy Schlumberger brand and nearly all of its affiliated brands will become one

Drilling automation streamlines operations, improves safety

August 24, 2022

World Oil Digitalization is changing the face of drilling, allowing rig owners to improve performance and reducing operational costs for operators. The value of this transformation is evident but making the most of it requires an investment that not every company has the resources to make. Nabors has developed technology that not only enhances the performance of its own fleet but also

Tech industry helps oil companies pump more, belying climate pledges

August 16, 2022

World Oil (Bloomberg) — It’s been a blockbuster summer for major oil companies. Exxon Mobil Corp. and Chevron Corp. posted record profits thanks to surging energy prices. The new U.S. climate bill includes concessions to oil and gas companies. There are other, quieter beneficiaries: Microsoft Corp., Amazon.com Inc. and the other cloud-services companies that are increasingly responsible for the computing horsepower behind

DNV, ExxonMobil partner to tackle billion-dollar microbial corrosion issue

August 4, 2022

World Oil DNV, an independent energy expert and assurance provider, has joined ExxonMobil Upstream Research Company and Microbial Insights, Inc. in a Joint Industry Project (JIP) to develop the next generation of microbiologically influenced corrosion (MIC) detection, monitoring and mitigation technology. With global costs of corrosion estimated at $2.5 trillion, the project aims to significantly enhance detection and monitoring methods

Wildcat Discovery raises $90 mln for high energy density EV batteries

July 13, 2022

Yahoo News LONDON- – U.S. energy tech firm Wildcat Discovery Technologies said on Wednesday that it has raised $90 million from investors to develop a high energy density battery cell for electric vehicles. The Series D funding round was led by Koch Strategic Platforms, the investment arm of industrial conglomerate Koch Industries, and included investments from Eastman Kodak and venture

James Fisher AIS expands global footprint to meet energy sector digital twin demand

May 17, 2022

World Oil Global digital services leader Asset Information Services (AIS), a James Fisher company, announced on Monday its business development and account management expansion plans, which includes new hires in key global regions for its rapidly growing customer base. In 2022, AIS is expanding its international team, putting boots on the ground in Indonesia, UAE, Nigeria, and Mexico through the

LandGate raises $10M in series B funding round led by NextEra Energy Resources

May 13, 2022

Oil and Gas 360 Publisher’s Note: LandGate was a presenting company at the 2022 The Energy Venture Investment Summit presented by EnerCom and Colorado School of Mines and EnerCom Dallas. For more information about presenting at an EnerCom conference, please contact EnerCom at conferences@enercominc.com. DENVER–(BUSINESS WIRE)–LandGate Corp., the United States’ leading marketplace and data provider for commercial land and its

Brazil showcases oil & gas, technology, opportunities for foreign investors during OTC

May 3, 2022

World Oil ApexBrasil, a Brazilian Trade and Investment Promotion Agency, is partnering with Brazil’s Energy Research Office (EPE), The Brazilian Petroleum and Gas Institute (IBP), The Brazilian National Agency of Petroleum, Natural Gas, and Biofuels (ANP), Petrobras, and the Federation of the Industries of Rio De Janeiro State (FIRJAN) to highlight the country’s burgeoning leadership in the sector at the Offshore Technology Conference (OTC)

Exum Instruments, Inc. successfully oversubscribes their $1.8M launch round

April 26, 2022

Oil and Gas 360 Publisher’s Note: Exum Instruments was a presenting company at the 2022 The Energy Venture Investment Summit presented by EnerCom and Colorado School of Mines. You can view a replay of Exum’s presentation at The Energy Venture Investment Summit website at https://theenergyventuresummit.com/exum-instruments. For more information about The Summit please contact Dan Genovese at dgenovese@enercominc.com. DENVER, April 26, 2022 /PRNewswire/

Halliburton introduces StrataStar real-time multilayer visualization while drilling

April 12, 2022

World Oil Halliburton Company today introduced StrataStar™, a deep azimuthal resistivity service that provides multilayer visualization to maximize well contact with the reservoir and improve real-time reserves evaluation. The StrataStar service is the latest addition to Halliburton’s iStar™ intelligent drilling and logging platform, which combines deep subsurface insights with artificial intelligence for improved drilling performance and consistent well delivery. For more decisive

Four reasons responsibly sourced gas reverses headwinds for upstream operators and helps drive a sustainable future

April 5, 2022

Oil and Gas 360 Publisher’s Note: William Foiles, Co-Founder and Chief Operating Officer at Project Canary will be participating on the Path to Net Zero Panel – 3pm – 4pm CT on Thursday, April 7, 2022 at EnerCom Dallas – The Energy Investment & ESG Conference (www.enercomdallas.com). Headwinds tied to sustainability concerns and environmental, social, and governance (ESG) reporting are

Four reasons responsibly sourced gas reverses headwinds for upstream operators and helps drive a sustainable future

April 4, 2022

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