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Norwegian software company FutureOn has secured an investment from the Bentley Acceleration Fund and formed a strategic collaboration with Bentley Systems to accelerate the oil and gas sector digitalisation.
Exploration and production company Kraken Oil & Gas has selected Crusoe Energy Systems to deploy 18 Digital Flare Mitigation (DFM) modules at four sites in Montana and North Dakota.
US oil and gas major ExxonMobil plans to reduce workforce levels across a number of its affiliates in Europe as part of the company’s worldwide review of its operations.
The Government of Australia has unveiled plans to invest A$1.9bn ($1.4bn) in new technologies to reduce emissions.
Oilfield services company Schlumberger, technology company IBM and multinational software company Red Hat have formed a strategic collaboration to accelerate digital transformation in the oil and gas (O&G) industry.
Asset optimisation software provider Aspen Technology has announced that the Heide Refinery in Germany has licensed the Aspen Generic Dynamic Optimisation Technology (GDOT) software.
Sixgill has formed a partnership with US-based CleanConnect.ai to deliver a set of artificial intelligence (AI) solutions to the oil and gas industry.
Oil and gas AI-powered optimisation solutions provider Ambyint has announced that Alta Resources has selected its Ambyint InfinityPL and SmartStream technologies to advance its well optimisation capabilities.
Total (China) Investment will drive digitalisation at its Chinese operations after signing a memorandum of understanding (MoU) to form a strategic collaboration with multinational technology firm Alibaba Group.
The US Department of Energy (DoE) has announced it will provide $33m in financing for the retrofitting of ten natural gas transmission pipelines.
