Technology News


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McDermott Wins Russia Ethylene Tech Contract
Wednesday, March 20, 2019 McDermott will license a 650-kta ethylene plant.

Drillers Turning to Big Data in the Hunt for Cheaper Oil
Wednesday, March 20, 2019 The industry is creating new business opportunities for IT, artificial intelligence, big data processing and analytics providers.

BP Hopes Young Recruits Can Make Oil Cool Again
Tuesday, March 19, 2019 Some Big Oil companies are turning to younger hires for insight on competing with tech for talent.

Woodside Invests in Cyber Security Company
Monday, March 18, 2019 Woodside Energy has invested in Sapien Cyber Ltd, a Western Australian cyber security firm.

ABB Execs Talk Tech's Impact on Oil, Gas and More
Friday, March 15, 2019 Rigzone spoke with ABB executives during the CERAWeek by IHS Markit conference about the oil and gas industry's technological evolution and sustainability in the industry.

Oil, Gas Looks to Create Value in Digital Transformation
Friday, March 15, 2019 Now seems to be the perfect time for the oil and gas industry to leverage digital capabilities to achieve success in the digital transformation.

LNG Expands Reach Through Virtual Pipelines
Wednesday, March 06, 2019 Suppliers are using virtual gas pipelines to extend their markets to areas which are either uneconomic or too difficult to reach.

Lithium Recovery JV Targets Marcellus, Utica Plays
Tuesday, March 05, 2019 Lithium is getting more expensive and the United States is becoming more reliant on lithium imports, according to the U.S. Geological Survey.

Digital Platforms Offer Oil, Gas Workforce Solutions
Tuesday, March 05, 2019 Lloyd's Register executive shares why automation and digitalization are key for oil and gas companies to combat an aging workforce and aging assets.

ExxonMobil Teams with Microsoft in the Permian
Friday, February 22, 2019 The oil major has partnered with Microsoft to bolster its operations in the Permian Basin.

Schlumberger and Rockwell Create Digital Oilfield Solution
Wednesday, February 20, 2019 Schlumberger and Rockwell Automation are teaming up to create a fully integrated digital oilfield automation solutions provider for the oil and gas industry.

Transocean Makes Automation Deal with Equinor
Monday, February 18, 2019 One harsh-environment semi-submersible was fitted with the ADC system two years ago.

How Does Blockchain Technology Fit into Oil and Gas
Friday, February 08, 2019 Let's just say blockchain may only be as strong as its weakest link. Need help understanding it? Read on...

Global Offshore Oil Set to Rebound?
Monday, February 04, 2019 Offshore spending is expected to increase 4-5% in 2019 and even outgrow onshore investment.

BP Invests in Technology to Help Upstream Business
Monday, January 28, 2019 BP Ventures invested $5 million in a Houston technology startup that uses artificial intelligence to help BP experts make more efficient upstream decisions.

Oil-Sands Companies Throw New Tech at Old Foe
Wednesday, January 23, 2019 Canada's oil-sands companies have been ramping up efforts to get their peanut butter-like bitumen to flow through pipelines more easily and cheaply.

Oil and Gas Digital Investment Set to Surge
Thursday, January 10, 2019 Global oil and gas executives are preparing to accelerate their investment in digital technologies, according to a new report from EY.

2019 Downstream Trends: A Preview
Wednesday, January 02, 2019 Downstream industry leaders predict hot topics for 2019.

Planning for Pivotal Moments: Operating at the Forefront of Commissioning
Wednesday, December 26, 2018 Digitizing is repeatedly hailed as the next great step change for many industrial operations.

Watchdog Finds Shortfalls in US Pipe Security
Wednesday, December 19, 2018 Government auditors found widespread shortfalls in how the Transportation Security Administration protects the US network of pipelines.

HR's Role in the Oil and Gas Digital Transformation
Tuesday, December 18, 2018 A new survey by KPMG finds that some oil and gas HR executives are still a bit hesitant to transform their workforces to keep up with the industry's digital transformation.

No Theft in Saipem Cyber Attack
Tuesday, December 18, 2018 Saipem reveals there has been no theft or loss of data in connection with the cyber attack it suffered recently.

Digital Transformation Disrupts Oil and Gas
Monday, December 17, 2018 The oil and gas industry's digital transformation begets a new set of challenges and opportunities.

Complex Oil Refiner Margins Squeezed
Friday, December 14, 2018 Returns at sophisticated refinery units that companies built at great expense are now almost on a par with those at relatively inexpensive and simple plants.

Saipem Reveals Extent of Cyber Attack
Thursday, December 13, 2018 The cyber attack on Saipem hit servers based in the Middle East, India, Aberdeen and Italy.

Cyber Attack Targets Oil and Gas Services Company
Tuesday, December 11, 2018 Saipem suffers a cyber attack on its servers.

Blockchain Platform to Revolutionize Oil Trading
Friday, November 30, 2018 VAKT, a new blockchain-based platform for crude oil traders, is now live.

BHGE Introduces Cost-Saving Subsea Technology
Thursday, November 29, 2018 Baker Hughes says the new technology can reduce the economic development point of subsea projects by 30%.

Unconventional Wells Getting Early Win from Predictive Analytics
Monday, November 12, 2018 More than one-half of the world's top 100 largest oil and gas companies are now using digital tools to predict the future.

Digitalization Can Save Upstream Sector $75B Each Year
Monday, November 12, 2018 A new study by Wood Mackenzie shows how the US Lower 48 has led the way in utilizing technology to transform their business.

Big Oil Tells Big Tech Being Arrogant Will Backfire
Thursday, November 08, 2018 One of the biggest oil bosses in the world has a message for hotshot young tech stars.

3T Energy Group Buys Survivex
Friday, November 02, 2018 Global technology and training organization, 3T Energy Group, acquires offshore training company Survivex.

Oil and Gas Optimism Rises for 2019
Tuesday, October 30, 2018 All subsectors of the industry expressed confidence going forward during the industry's continued recovery, according to a Deloitte survey.

Oil and Gas Travel to Pack More Tech in 2019
Thursday, October 25, 2018 Efforts to protect the safety of workers traveling to and from oil and gas installations worldwide should become more technologically sophisticated in 2019.

BP Taps Technology to Bolster Billions in Savings
Monday, October 22, 2018 BP's use of data has helped the company cut billions of dollars of costs following oil's recent existential slump.

Oceaneering Rides Recovery Wave With New ROV Technology
Thursday, October 18, 2018 Technology is increasingly becoming more important for oilfield services companies to gain an edge in what's still a recovering market.

110MM Barrel North Sea Field Comes Online
Monday, October 15, 2018 The North Sea Oseberg Vestflanken 2 field came online on October 14.

Oil, Gas CEOs Sold on Tech Benefits, but Unprepared for Disruption
Wednesday, October 10, 2018 A new report by KPMG examines how oil and gas CEOs feel they fare in their technology efforts and what still needs work.

Tech Expert on Challenges of IIoT in Oil and Gas
Friday, October 05, 2018 According to one technology expert, security is just one of several challenges facing oil and gas companies deploying IIoT strategies.

Oil and Gas Cyber Attacks Increased in Past Year
Friday, October 05, 2018 Cyber attacks in the oil and gas sector increased over the past year, according to Mike Spear, industrial cyber security global operations director at Honeywell.

Tech Not Making Oil Qualifications Less Important
Thursday, October 04, 2018 Technology is not making oil and gas qualifications less important, according to Jason Urso, vice president and general manager at Honeywell.

BP and Aker BP Form Technology Alliance
Wednesday, October 03, 2018 The two companies have created a strategic venture to add new technologies to their businesses.

Australia Upstream to See Greater Tech Integration
Wednesday, October 03, 2018 Australia's upstream sector will see greater integration of technology over the coming years, according to a new report from Fitch Solutions Macro Research.

Security, Skills Shortage Among Challenges to IIoT in Oil and Gas
Friday, September 28, 2018 New analysis by Inmarsat reveal some of the biggest challenges keeping oil and gas companies from fully deploying IIoT.

Move Over, Permian. Bakken's Making a Comeback.
Wednesday, September 26, 2018 North Dakota oil production reached a record high in July and the Bakken is primed for growth.

Executive Tackles Disruptions in Energy Transition
Friday, September 21, 2018 Oil and gas executives discuss possible disruptions the industry faces during the Houston Energy Breakfast.

BP Launches Skills Refinery to Improve Student Employability
Friday, September 21, 2018 BP launches the Skills Refinery, a new global online portal that aims to improve students' employability.

Machine Learning to Transform Oil and Gas Industry
Thursday, September 20, 2018 In the age of Big Data, the oil and gas industry is taking cues from technology companies to transform its E&P operations.

KBR, ConocoPhillips to Develop Off-the-Shelf LNG Tech
Tuesday, September 18, 2018 KBR and ConocoPhillips will jointly develop a standardized, mid-scale LNG train for both greenfield and brownfield projects.

5 Reasons Your Wells Are Not Delivered On Time
Friday, September 07, 2018 As the oil and gas market begins to swing up, this article troubleshoots the roadblocks to timely well delivery that industry leaders face.