Weatherford and LYTT join forces to deliver digital boost for energy assets
Collaboration combines Weatherford’s production optimisation with LYTT’s acoustic sensing to help energy businesses drive efficiency and profitability.
Business news
Advertisement
Twin Brothers appoints Darrell J. Webster as President and Ranis Avet to serve in business development role
The leader in heavy steel fabrication for the oil & gas, infrastructure and renewables industries has appointed Darrell J. Webster as president and Ranis (Ray) Avet to serve in a business development role.
Deep-tech company Prisma Photonics raises US$20 million to monitor large-scale critical infrastructure while protecting the environment
Prisma Photonics announced yesterday that it raised US$20 million in a Series B round led by global private equity and venture capital firm Insight Partners.
Anthony Verberght joins Carboline as new Managing Director, Carboline Europe
Anthony Verberght will join Carboline as Managing Director, effective February 28, 2022.
Element opens Doha environmental testing laboratory
Element Materials Technology (Element) has opened a new environmental testing laboratory in Doha, Qatar bringing greater capacity and capability to customers in the region.
PGNiG wins case concerning Gazprom’s abusive market behaviour
The General Court of the EU has agreed with PGNiG and annulled the decision of the European Commission (EC) rejecting the Polish company’s complaint against Gazprom’s anticompetitive practices.
Jan De Nul orders a seagoing unmanned survey vessel for marine and offshore construction
Jan De Nul Group has ordered Maritime Robotic's well-proven and hybrid Mariner unmanned surface vehicle (USV) as the first step towards unmanned and autonomous offshore survey operations.
TotalEnergies and China National Offshore Oil Corp. (CNOOC) reach Final Investment Decision on the Lake Albert development
The Final Investment Decision (FID) will be critical for both Uganda and Tanzania as they move to establish regional energy security in 2022 and beyond.
Schneider Electric lands on Fortune’s 2022 World’s Most Admired Companies list for the fifth year in a row
This latest accolade reflects Schneider Electric’s commitments towards innovation, sustainability, diversity and inclusion.
Fugro targets reduced carbon footprint in Canada with remote technologies
Fugro is building a remote operations centre in the province of Newfoundland and Labrador, Canada.
Energy Vault, Atlas Renewable and China Tianying announce US$100 million transaction with further licensing and royalty agreement
Energy Vault, Inc. yesterday announced a license and royalty agreement for renewable energy storage with Atlas Renewable LLC and their majority investor China Tianying Inc.
Technical Toolboxes introduces new Encroachment Manager
Technical Toolboxes has launched the Encroachment Manager geared towards creating efficiency by reducing overhead engineering costs.
Uganda & Tanzania: launch of the Lake Albert resources development project
During a ceremony held in Kampala, the Lake Albert Development Project partners announced the final investment decision and the launch of this major project.
Plastometrex secures Innovate UK funding to take on US$24 billion non-destructive testing market
Plastometrex has secured an Innovate UK SMART grant with global testing service providers, ROSEN and Element Materials Technology, and the UK’s National Physical laboratory.
Aker BP and Accenture team up on data factory in the cloud to improve oil and gas operations
Project is central to Aker BP’s data-led digital transformation based on Cognite Data Fusion.