L37 leads $4 million round with Equinor Ventures and Saudi Aramco Energy Ventures.
Wood and gas distribution network company SGN are working together to evaluate and deliver short, medium and long-term solutions for the cross-sectoral decarbonization of the north east and east coast of Scotland, the companies said on Sept. 23.
Exxon Mobil and Global Thermostat have expanded their joint development agreement on Sept. 21 following 12 months of technical evaluation to determine the feasibility and potential scalability of Global Thermostat’s technology that captures carbon dioxide (CO2) directly from the air.
This effort builds on an existing partnership between the companies. It will allow the ingestion and contextualization of data from the Brage field to build applications which support Wintershall Dea domain experts in decision-making for smart maintenance and production optimization.
Quorum Software (Quorum), the leader in digital transformation for the oil and gas industry, on Sept. 16 said that Brazos Midstream has selected its myQuorum TIPS gathering and processing solution to streamline data, simplify the settlement process and increase data accuracy.
Studio X, a first-of-its-kind open innovation studio powered by Shell, launched on Sept. 14 with three initial products to help define the future of exploration.
SWEPI LP (Shell) reached an agreement with Avitas, a Baker Hughes venture, to expand the use of drones to enhance its existing methane leak detection and repair (LDAR) program in the Permian Basin in July 2020.
Data Gumbo, the trusted industrial blockchain network, said Sept. 9 that it has enabled real-time lease operating expenses (LOE) for oil and gas operators.
Chevron has selected SecurityGate.io’s risk management platform for scaling OT (operational technology) cybersecurity on Sept. 9.
Lloyd’s Register Group CEO Alastair Marsh has decided to step down by the end of 2020, the company said on Aug. 24. The company’s board has named Nick Brown, director of Marine & Offshore, as Marsh’s successor.