Business is booming: new issue of Offshore Technology Focus out now
In this issue: South America’s offshore oil boom, small-scale divestment in the UK, learning from the stranded MT Iba seafarers, and more.
Another year, another rise in climate tensions at big oil AGMs
Years of rising support for climate-based resolutions have started to deliver change for investors and...
Dodging greenwashing and humanising oil: PR in the energy transition
Once, the oil and gas industry promised prosperity offshore. Now, how have PR teams adapted to communicate for oil and gas?
An oil Odyssey: lessons to learn from the stranded MT Iba seafarers
In May, five seafarers were finally allowed to return home after being stranded at sea for four years, and without pay for two.
Court orders Royal Dutch Shell to cut emissions by 45%
A Dutch court has ordered oil giant Royal Dutch Shell to cut 45% of its 2019 greenhouse gas emissions by 2030.
Latest Deals
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Tourmaline OilMergers & Acquisitions $908M
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Occidental PetroleumMergers & Acquisitions $508M
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EnbridgeMergers & Acquisitions $943M
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Diversified Energy CompanyMergers & Acquisitions $180M
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Tourmaline OilMergers & Acquisitions $908M
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Occidental PetroleumMergers & Acquisitions $508M
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EnbridgeMergers & Acquisitions $943M
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Diversified Energy CompanyMergers & Acquisitions $180M
Oil and gas companies filing the most patents in Q1 2021 (source: GlobalData)
| Assignee | Filings |
|---|---|
| LG Chem Ltd | 2180 |
| SASAC | 1434 |
| Dow Inc | 633 |
| BASF SE | 610 |
| China National Petroleum Corp | 594 |
| Mitsubishi Group | 590 |
| Saudi Arabian Oil Co | 475 |
| Sumitomo Chemical Co Ltd | 483 |
| Halliburton Co | 457 |
| Toray Industries Inc | 456 |
Latest News
Indonesia seeks bids for six oil and gas blocks
The blocks have combined recoverable resources of 917.93 million barrels of oil and 598.09 billion of standard cubic feet gas.
Equinor extends operations of Heimdal gas centre to 2023
The Heimdal centre, which was originally planned for shutdown in 2021 or 2022, will serve the Valemon field.
Eni teams up with SKK Migas for exploration activities in Indonesia
Italian energy giant Eni will offer its Green Data Centre supercomputers, as well as seismic imaging algorithms.
MOL Norge gets drilling approval for appraisal well offshore Norway
The well, which is planned to be drilled using the Transocean Barents rig, is located about 12km north of the Balder field.
Latest Themes
Cities are imperceptibly becoming Smart Cities. But what does that actually mean?
The term smart city has evoked various descriptions at some point, but the world’s existing cities will need to smarten up as IoT evolves, as Giacomo Lee reports.
Robots make more business sense with AI – just don’t expect fireworks
Robot use is becoming increasingly practical, which means that such machinery is being increasingly employed – and AI can only make robotics better, as Giacomo Lee finds out.
Is the oil & gas sector seeing the beginnings of an AI investment boom?
AI deals, jobs and patents have been booming in the last few years. But is the oil & gas sector keeping up?
Face recognition is just the tip of the AI Computer Vision iceberg
Flaws in AI training give as bad a name to face recognition. But as Giacomo Lee discovers, computer vision gives more than just a reflection of societal biases.
Neptune Energy digitises five offshore platforms in North Sea
The move will enable around 90 site inspections annually from onshore, thereby expediting work schedules.
Renewable power becoming a promising avenue for oil and gas majors
As world governments focus on decarbonisation, oil and gas majors are restructuring to incorporate renewable power.
Chatbots: AI tech can be useful in real-world business applications right now
Chatbots, like AI, may seem terribly modern, but in fact have a long history – and interesting times ahead, explains Giacomo Lee.
T&T is at risk of undersupplying its downstream demand of feedstock natural gas
Natural gas and oil production growth is expected in Trinidad and Tobago in the next three years, but there is a risk of natural gas decline as a result of undersupplying its downstream demand.
Expert Commentary & Analysis
View MoreHalliburton awarded contract by Kuwait Oil Company
Contract is for the implementation of digital transformation solutions.
Aramco raises $6bn from debut dollar sukuk
$6bn has been raised by Saudi Aramco from selling its first US dollar-denominated sukuk and...
Asia to lead global polyvinyl chloride capacity additions by 2025
Global polyvinyl chloride capacity is to grow over the next years, with Asia being a...
Asia to lead Global Ethylene Capacity Additions by 2025
Global Ethylene capacity is poised to see considerable growth over the next five years, potentially...