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Tag: Oil and gas industry

Russia’s Arctic seaport increase by 25% in 2018

News
The volumes that were shipped from Russian ports were increased by 25% in 2018, according to data from the Russian Ministry of Transport

Ensco and Rowan combination moves a step closer

Oil & Gas
Offshore driller Ensco has entered into an amendment to the transaction agreement with Rowan Companies

Watch: BP invests in new artificial intelligence technology

Videos
BP Ventures has invested $5 million in Artificial Intelligence and named it 'Sandy', aiming to improve its upstream digital capabilities.

Carbon Trust focuses on ways to reduce offshore vessels emissions

General
The Carbon Trust’s Offshore Wind Accelerator (OWA) announced a competition to accelerate the development and uptake of new technologies

Digitalization to benefit oil and gas sector, report says

Digitalization
Despite the increasing speed of technology and innovation that is pressuring the industry, oil and gas CEOs consider technological disruption

Blockchain in global energy market to reach USD 11,899m by 2024

Digitalization
Zion Market Research has published a new report according to which the global blockchain in energy market was valued at around USD 208 million in 2017

TechnipFMC Wins EPC Contract with Egypt’s MIDOR

Oil & Gas
Oil and gas industry company TechnipFMC has signed a major EPC contract by Middle East Oil Refinery for the modernization and expansion of their existing complex near Alexandria, Egypt.
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