Latest Headlines

  1. API Publishes Updated Safety Standard To Foster Safe Transfer Of Petroleum Products At Storage Facilities 9/17/2020

    The American Petroleum Institute (API) today released the fifth edition of API 2350, a key safety standard designed to help operators of oil storage facilities implement comprehensive overfill prevention systems (OPS), which ensure that oil and other products are transferred to storage tanks safely, without overfilling or mechanical damage.

  2. Wood Strengthens Foothold In Norway’s Onshore Energy Sector 9/17/2020

    Wood has secured a new $42m contract from international energy company Equinor on behalf of operator Gassco to provide EPCI (engineering, procurement, construction and installation) services at the Kollsnes gas processing plant in Norway.

  3. ExxonMobil, National Math And Science Initiative Expand Education Programs To Permian-Area Schools 9/17/2020

    ExxonMobil and the National Math and Science Initiative (NMSI) are bringing college readiness and foundational education programs to students in Permian-area schools in Midland Independent School District and Ector County Independent School District in Texas and the Carlsbad Municipal School District in New Mexico.

  4. Contract Award For Kollsnes MEG Upgrade Project 9/17/2020

    On behalf of the operator Gassco, Equinor has awarded Wood an engineering, procurement, construction and installation (EPCI) contract for the MEG Upgrade project at Kollsnes.

  5. The Hague Court Rules For Chevron In Ecuador Dispute 9/16/2020

    The District Court of The Hague today ruled in favor of Chevron Corporation in its dispute with the Republic of Ecuador, upholding a 2018 arbitral award rendered by an international tribunal administered by the Permanent Court of Arbitration. 

  6. bp And Microsoft Form Strategic Partnership To Drive Digital Energy ‎Innovation And Advance Net Zero Goals 9/15/2020

    bp and Microsoft Corp. today ‎announced that they have agreed to collaborate as strategic partners to further digital transformation ‎in energy systems and advance the net zero carbon goals of both companies.

  7. Khurais Becomes Second Aramco Facility To Join Prestigious WEF Global Lighthouse Network 9/15/2020

    The World Economic Forum (WEF) has recognized Aramco’s Khurais oil facility as a leader in the adoption and integration of cutting-edge technologies of the Fourth Industrial Revolution (4IR).

  8. Quantum Automation Supports Off-Grid Automation With QRTU And QSolarBattery 9/15/2020

    Quantum Automation is shipping the Quantum Remote Telemetry Unit (QRTU) and the QSolarBattery. These standardized yet customizable hardware platforms are part of the growing array of Q-Line products which are enabling end users and systems integrators (SIs) to deploy industrial internet of things (IIoT) and automation solutions anywhere, regardless of whether internet connectivity or power are readily available.

  9. Field-Proven Electro-Hydraulic Setting Tool From Probe Serves Well Intervention & Abandonment Operations 9/11/2020

    The iSet Electro-hydraulic Setting Tool uses touchscreen technology to provide a safe, reliable way to set bridge plugs, packers, gauge hangers and straddles downhole.

  10. Weatherford Appoints Girish K. Saligram As President, CEO And Director 9/10/2020

    The Board of Directors of Weatherford International plc (OTC Pink: WFTLF) (“Weatherford” or the “Company”) announced today that effective October 12, 2020, it will appoint Mr. Girish K. Saligram as the Company’s President and Chief Executive Officer. Mr. Saligram will also serve as a member of the Company’s Board of Directors. Mr. Saligram previously served as Chief Operating Officer at Exterran Corporation.