Datagration has acquired Mosaic Petroleum Analytics, a data analytics, reservoir simulation, and economics platform designed to optimize unconventional reservoirs, on Jan. 19.
The new AI module provides pattern-finding automation for gas leak detection.
Halliburton Co. posted a better-than-expected fourth-quarter profit on Jan. 19, buoyed by cost cuts and a recovery in demand for oilfield equipment and services after last year’s industry slump.
To date, Halliburton has completed almost 340 stages across multiple wells using utility-powered electric frac pumps that demonstrated consistent superior performance.
Independent Data Services (IDS), a leading provider of cloud reporting and analytics for the oil and gas industry, has been awarded a six-figure fleet-wide deal on Jan. 13 with Stena Drilling for the world’s first fully integrated online reporting and analytics services.
The Genvia venture will focus on the development and industrial deployment of a game-changing electrolyzer technology for clean hydrogen production.
French oil group Total said on Jan. 11 it had acquired Fonroche Biogaz, a leading producer of renewable gas that designs, builds and operates anaerobic digestion units in France with nearly 500 gigawatt-hours of installed capacity.
Against staggering odds—an unprecedented crash in oil prices and COVID-19—the technology space in the oil and gas sector exceeded the test of resiliency put forth by a turbulent 2020.
The Newfoundland and Labrador Environmental Industry Association (NEIA), Noia, and the Oil and Gas Corporation of Newfoundland and Labrador are working together to accelerate awareness and the pursuit of clean technology opportunities in Canada’s offshore oil and gas industry, the companies said on Jan. 7.
Oceaneering International Inc. said Jan. 6 that, since the beginning of the fourth quarter 2020, it has won multiple significant contracts for its Integrity Management and Digital Solutions (IMDS) segment.