The Latest
Seismic
CGG Completes Barents Sea Seeps Study for Norwegian Petroleum Directorate
CGG’s Satellite Mapping group recently completed an innovative high-resolution hydrocarbon seeps study commissioned by the Norwegian Petroleum Directorate (NPD), it said on Jan. 12.
Investment
Halliburton Joins Prairie View A&M University to Create $1 Million Scholarship
Halliburton has established a new $1 million Halliburton Business and Engineering Scholarship Fund at Prairie View A&M University (PVAMU), the company said on Jan. 11.
Pressure Pumping
Victory Elements Introduces Water Dissolvable Ceramic Tooling for Hydraulic Fracturing
Victory Elements has commercially released its water dissolvable ceramic tooling for hydraulic fracturing and maintenance of oil and gas wells, the company said on Jan. 5.
Business
Validere, Xpansiv Partner to Attach ESG Attributes to Energy Products
The partnership reduces friction for clients of Validere—the first and only data-intelligence platform for oil and gas product quality—seeking to differentiate their products based on ESG factors, including methane emissions, CEO Nouman Ahmad says.
Renewables
Total Adds to Renewable Gas Push with Fonroche Acquisition
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.
Digital Oilfield
2020 Rewind: Tech Highlights from Turbulent Year in Oil and Gas
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.
Deepwater
Newfoundland and Labrador Unite to Pursue Clean Tech Opportunities Offshore Canada
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.
Public Capital
TechnipFMC Resumes Spinoff Plans Delayed by Last Year’s Oil Market Turmoil
The transaction is expected to be structured as a spin-off of a majority stake in TechnipFMC’s Technip Energies segment and completed in first-quarter 2021.
Exploration & Production
E&P Plus Completions: New Plug Designs Lower Costs
To create a more efficient cleanout operation—not eliminate cleanouts altogether—a dissolvable plug must be economical.
People
Select Energy Services Appoints John D. Schmitz as CEO, President
Select Energy Services Inc., a leading provider of water management and chemical solutions to the U.S. unconventional oil and gas industry, said Jan. 4 that the board of directors has appointed John D. Schmitz as the CEO and president of the company effective January 3, 2021.