Energy technology company Baker Hughes and oil and gas major Repsol have signed an agreement to collaboratively develop and deploy next-generation artificial intelligence (AI) tool to optimize processes and workflows for oil and gas production…
SLB beat analysts' estimates for second-quarter profit on Friday, as the top oilfield services provider benefited from steady demand for its drilling equipment and technology in international markets.Offshore exploration and production as well as drilling in international markets…
Oilfield procurement specialist Craig International has secured a contract with QatarEnergy LNG, underpinning the company’s growth in the Middle East.The scope of Craig International’s contract with QatarEnergy LNG covers sourcing and supplying products and services for maintenance…
Oilfield services and technology company SLB and Equinor have drilled the most-autonomous well section to-date at Peregrino C platform offshore Brazil, marking a significant step forward to fully autonomous drilling operations.SLB digital technologies for surface automation…
Oilfield services players Halliburton and Oil States Industries have entered into a strategic collaboration that combines their technologies to provide deepwater managed pressure drilling (MPD) solutions.According to Halliburton, MPD provides…
Oilfield services and technology company SLB said Wednesday that a multi-year three-way collaboration agreement was signed to deliver digital end-to-end workflows for Shell, using SLB subsurface solutions on Amazon Web Services' (AWS) cloud infrastructure…
Oilfield services and technology firm SLB has signed a subsurface technology partnership with INEOS Energy, the energy division of INEOS, a global chemical and manufacturing company. INEOS Energy will partner with SLB’s Performance Centre in Aberdeen…
China’s first smart FPSO Hai Yang Shi You 123 has been delivered to CNOOC in Nantong, Jiangsu.Hai Yang Shi You 123 is the first FPSO in China that integrates digital technologies including cloud computing, big data, internet of things, artificial intelligence and edge computing…
Shell Ventures and Idékapital have invested $90 million in Kongsberg Digital, a business area within Norway's KONGSBERG.The funding and new investors will support and accelerate the future growth and development of Kongsberg Digital. The investment…
Oilfield services company Halliburton has launched the Diskos 2.0 National Data Repository (NDR) for the Norwegian Petroleum Directorate. According to Halliburton, Diskos 2.0 stores critical exploration and production data and is vital to drive investments in Norway’s oil and gas industry…
Oilfield services firm SLB, Rockwell Automation, Sensia, and Cognite on Monday announced a collaboration that they say will 'accelerate the evolution' of the offshore industry’s floating production storage and offloading (FPSO) facilities. According to a press statement issued by SLB…
Energy industry technology firm Baker Hughes has partnered up with Houston-based cloud-based well construction digital solution provider Corva, 'to bolster oil and gas customers’ rig visualization and drive enhanced decision making across the well lifecycle…
Oilfield services giant Baker Hughes has appointed Ganesh Ramaswamy as executive vice president (EVP) of the Industrial & Energy Technology (IET) business segment, effective Jan. 16. 'Ramaswamy’s appointment is another step in the company’s…
Top oilfield services firm SLB will raise its quarterly dividend next year by 43% and resume a share buyback program, executives said on Thursday, offering an upbeat view of energy markets. Although annual revenues have fallen every year since 2019…
