Drone makers are collaborating with oil and gas companies to develop custom drones with data collection technology to obtain real-time insights, according to GlobalData, a leading…
Latest advancements in sensing and imaging technologies are enabling drones to be deployed in a wide range of settings in the oil and gas industry, according…
Several companies in the oil and gas industry, including Shell, ExxonMobil and BP, are using predictive maintenance to evaluate the condition of their operational equipment and…
The digital oilfield concept in the oil and gas industry deals with the application of digital oilfield technologies to processes and workflows in order to maximize…
Data management has become an important theme in the oil and gas industry as the volumes of data generated by the industry have increased significantly, thus…
In view of the increasing competition and narrowing margins among oil and gas companies, asset management is obtaining greater relevance in enhancing operational efficiencies, according to…
Austin, TX – Enverus, the leading energy SaaS and data analytics company, released an update on U.S. hydrocarbon exports showing the impact of recent infrastructure additions…
ABILENE, TX – WolfePak Software, a portfolio company of Charlesbank Capital Partners and leading provider of accounting, regulatory compliance and automation software for the oil and…
3D printing has tremendous potential in the oil and gas industry in delivering productivity gains, says GlobalData, a leading data and analytics company. GlobalData’s latest report,…
Oil and gas companies are analyzing operational data using virtual reality (VR) to enhance their decision-making capabilities, according to GlobalData, a leading data and analytics company.…
HOUSTON – OspreyData, leader in AI-Based Production Optimization solutions for Oil & Gas, announced today that they are launching the Unified Monitor solution, a component of…
Obtaining robust market intelligence for a complete view of the oil and gas industry across the supply chain comes with its fair share of challenges. The…
Following the rapid adoption of virtual reality (VR) technology in consumer markets, the oil and gas industry is witnessing wide-scale deployment of this technology across its…
OILMAN Magazine, a trusted media source has launched its first large scale Oil and Gas Conference & Expo to take place in the United States. This…
Over the last two decades many energy companies that engaged in the purchase and sale of commodities as a matter of course in transacting their day-to-day…
Industrial consumers have more access to data than ever before, but what to do with it? Can advancements in technology really make us better tomorrow than…
The automobile industry has searched for several decades for the solutions to the many problems it faces in developing vehicles powered by batteries solely. General Motors…
Technavio provided a report with supporting market research in January last year in order to shed light on the global situation of enterprise pipeline management solutions…
Among the most important challenges being faced by the oil and gas industry nowadays is the growing complexity of their supply chains. This is due to…
HOUSTON – Stress Engineering Services, Inc., (SES) the global leader in consulting engineering services, has received an OTC Spotlight on New Technology (SONT) Award for its condition…
A hot topic for the oil and gas industry for quite some time now has been the recurring employment problems. One of the top barriers to…
Nowadays, executives in the oil and gas industries have discovered new methods of maximizing the value and reliability of their respective assets with asset management. This…
In the year 2018, there was a lot of evidence for Oil and Gas companies all over the world that required them to step up their…
A noticeable trend in the past couple of years is that the oil and gas industry was constantly experiencing a bumpy road on a global scale.…
With the recent recoveries in oil prices, most oil and gas companies have started to see a light at the end of the tunnel. They are…
Big Data is a concept which signifies the growing volumes, varieties and velocities of data. This concept is very familiar and relevant to the oil and…
Every year, oil and gas companies can be seen investing millions of dollars in order to better understand the future outlook of their job sites. This…
For the past decade, oil and gas operators have been experiencing increasingly rapid and competitive regulatory and market changes. This is due to firms needing every…
Land deeds play an essential role in the oil and gas industry. The complex interplay of property rights and leases is a challenge for exploration and…
To match the United States’ push to maintain its status as the biggest hydrocarbon producer in the world, rigs have been put up at an increasing…
Wireless instruments provide critical information on physical processes such as temperature, pressure, level, flow and humidity to wireless sensing networks, including WirelessHART, ISA100, Zigbee and other…
A few months ago, the world learned of a targeted cyberattack on a petrochemical facility in Saudi Arabia. Now known as TRITON, the Stuxnet-like attack shut…
Technology is outpacing oil and gas in growth, but that’s good for the industries. In addition to the fact that processors, screens, casings and many other…
Artificial Intelligence and Robotics Pushing Boundaries in Offshore O&G To say times were different when the first Gulf oil well went into service is a bit…
Digital innovation strategies incorporating the Industrial Internet of Things (IIoT) are top-of-mind for oil and gas operators working to achieve greater productivity and lower costs, even…
The world is abuzz with Bitcoin, blockchain technology, and the Internet of Things (IoT), with many oil and gas executives asking, “Where do these new technologies…
Leading oil and gas companies haven’t exactly been quick to bring their maintenance systems up to date. And with that comes huge risks to the environment,…
Any oil and gas company that has a fleet to help carry out its business knows all too well how hidden expenditures can significantly eat away…
Microsoft and Halliburton announced plans to enter into a strategic alliance to drive digital transformation across the oil and gas industry. The relationship will combine the…
When discussing ‘attacks’ in the oil and gas industry, the most concern has centred on the digital realm. While we are experiencing a cyber revolution, something…
For OEMs that design and build equipment or machinery, the hydraulic systems that drive the elements that lift, push, pull, drill or dig are often outsourced…
Trendsetter Engineering has successfully completed live well operations with their new 15,000 psi subsea hydraulic intervention system (referred to as STIM). The STIM system, which had…
Clean Chemistry, a chemical technology company, received three patents from the US Patent and Trademark Office that cover formulae, synthesis methods and use of unique oxidant…
The U.S. Department of Energy (DOE) announced the availability of $20 million for cost-shared oil and gas research projects to increase recovery efficiency from unconventional oil…
This article is part two of a four-part series on optimizing IT costs. Past technology investments should have enabled new business improvements or efficiencies, but often…
Lloyd’s Register (LR), a leading global provider of engineering and technology-centric professional services, put delegates attending OTC 2017 in Houston, Texas, through their paces with an…
Exxon Mobil’s and Saudi Basic Industries Corps’ joint plan to build a new petrochemical plant saw significant advancement on March 21, as a school board in…
When oil was selling for more than $100 per barrel, most operators were not concerned about penny-pinching or using the most efficient processes available to reduce…
Cut-and-cap well abandonment procedures are generally dangerous, time and resource intensive processes relying on cooperative weather, and they become more complicated the worse the weather becomes.…
Although the technology of Rapid Prototyping (RP) was born at the Massachusetts Institute of Technology (MIT), it’s found a home in the American automotive industry. Thirty…
