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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

CCS JV (a joint venture between Saipem and McDermott) recently selected Siemens Energy to supply emissions-reducing power generation equipment and boil-off gas compressors for the Mozambique LNG Project in the Cabo Delgado province on Africa’s East Coast. - 22nd October 2020
A Rystad Energy analysis of oil production costs has revealed that the average breakeven price for all unsanctioned projects has dropped to around $50 per barrel, down around 10 per cent over the last two years, and 35 per cent since 2014 - 22nd October 2020
According to the latest figures released by Petrobras, its operational performance in 3Q20 was exceptionally good, considering the challenging scenario imposed by the COVID-19 pandemic. - 22nd October 2020
22nd October 2020

FutureOn has secured an investment from the Bentley Acceleration Fund and established a strategic partnership with US-based Bentley Systems to accelerate the digitalization of the oil and gas industry.
22nd October 2020

Cyberhawk has secured a five-year contract with a global LNG producer for the provision of drone inspection, surveying and data visualization services.
22nd October 2020

Beyond Limits and The Carnrite Group have announced a multimillion-dollar revenue driving agreement to provide strategic consulting services on the state of AI technologies and innovative use cases for Carnrite’s client base across the globe in the oil and gas, utilities, power and industrials sectors.