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Oil and Gas Technology News

01st May 2013

The latest oil & gas news updates for global and emerging petroleum markets

Oil Industry News

The BHP Board has approved $696 million (BHP share) in funding to develop the Atlantis Phase 3 project in the U.S. Gulf of Mexico. This follows sanction by BP, as the operator, of the Atlantis Phase 3 project, announced in January 2019. - 13th February 2019
Total in South Africa
Total has made a significant gas condensate discovery on the Brulpadda prospects, located on Block 11B/12B in the Outeniqua Basin, 175 kilometers off the southern coast of South Africa. - 7th February 2019
Technologies such as artificial intelligence, data analytics and edge computing are now allowing pipeline safety and security to be improved - 7th February 2019
7th February 2019

Motive Offshore Group was crowned subsea company of the year while Jim Milne was recognised for his outstanding contribution to the sector at Subsea UK’s annual awards last night.
6th February 2019

Challenges remain as deepwater sector regroups after downturn according to global natural resources consultancy Wood Mackenzie.
28th January 2019

BP Ventures has invested $5 million in Belmont Technology’s Series A financing to further bolster BP’s artificial intelligence (AI) and digital capabilities in its Upstream business.