Digitalization is a key measure that allows operators to future-proof their asset portfolios by delivering the combination of efficiency, speed, and reliability required by investors and operators to thrive during the energy transition. There is no one-size-fits-all approach to the energy transition, but digitalization is a flexible and robust pathway that can be developed in […]

Signing ceremony at Gastech (from left to right): Dohyeong Lim (CEO, AVIKUS), Won Ho Joo (CTO, HHI), Vidar Dolonen (Regional Manager Korea & Japan, DNV Maritime), Thomas Klenum (Executive Vice President, Innovation and Regulatory Affairs, LISCR) DNV signed a memorandum of understanding (MOU) with maritime industry technology leaders HHI, AVIKUS and Liberian International Ship & […]

Woodside Energy Ltd. Japan Oil, Gas and Metals National Corporation (JOGMEC), Marubeni Corporation (“Marubeni”), Hokuriku Electric Power Company, The Kansai Electric Power Co., Inc., Tohoku Electric Power Co., Inc., and Hokkaido Electric Power Co., Inc. have signed a joint research agreement under which they will jointly conduct a feasibility study (Phase 2) on the establishment […]

Woodside Energy has announced a US$9.9 million equity investment in String Bio Private Limited (String Bio), the developer of a patented process that can recycle greenhouse gases into value-added products such as feed for livestock. String Bio is an award-winning India-based company combining biology, engineering and chemistry in an effort to develop sustainable and scalable […]

Chevron U.S.A. Inc., a subsidiary of Chevron Corporation has announced definitive agreements to supply fuel linked to renewable natural gas for a Walmart Inc. demonstration of Cummins Inc.’s new 15-liter natural gas engine for heavy-duty trucks. As part of the agreements, Walmart will provide heavy-duty trucks for Cummins to integrate with the new 15-liter natural gas engine, the X15N™, which runs on compressed natural […]

Shell’s vision for our subsurface data and workflows is transforming and has collaborated with many industry leaders on this journey. The company has achieved this by migrating to open cloud-based platforms that aim to boost collaboration and innovation. This is helping Shell to overcome the limitations of traditional, discipline-specific software and improve efficiency across our […]

Aker BP ASA, operator of production licence 685, has concluded the drilling of wildcat well 35/4-3. The well was drilled about 20 kilometres southeast of the Knarr field in the North Sea, and 100 kilometres west of Florø. The objective of the well was to prove petroleum in Early Jurassic rocks in the Cook Formation. […]

Maritime Developments (Ltd) has designed a bespoke solution for the transpooling and storage of Magma’s unique Thermoplastic Composite Pipe (TCP) – the m-pipe. The solution consisted of a custom-designed pallet to maintain m-pipe’s MBR (maximum bend radius), with a height to suit a 2x product packing arrangement. The pallet height and outer flange diameter had […]

As part of its commitment to empowering more Nigerians, stimulating economic activities, and widening the broadband envelope in Africa with affordable broadband connectivity, West Africa’s pioneer solar-based internet service provider, Tizeti, has partnered with Microsoft Corp. to roll out high-speed Airband internet infrastructure in Oyo State. With forty percent broadband penetration in December 2021, millions […]

bp ventures has made a £3 million equity investment in Flylogix – a pioneering unmanned aerial vehicle (UAV) business that uses drones to aid methane detection Flylogix leverages unmanned drones to measure methane offshore Investment will spur crossover into renewables industry and entry to new geographies Technology plays critical role in helping bp to reduce its operational […]