Oil and Gas News
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Wales and West Utilities has been named as the winner in the oil and gas industry sector at the RoSPA Health and Safety Awards.
The regulated gas distribution business, with around 35,000 km of gas pipes covering Wales and the south-west of England, has been named the top organisation in its sector this year.
The RoSPA Health and Safety Awards are open to organisations of all sizes from…
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A top company has won support from another firm by investing into its water and industrials business.
Oxford Flow, the flow capital equipment specialist for oil, gas, water and industrial process industries, has revealed that GF Piping Systems, a division of Georg Fischer (GF), has come on board in support of GF’s innovation strategy.
Oxford Flow will use the investment to speed up the…
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Energy giant ExxonMobil has proposed a model framework for industry-wide methane regulations, urging stakeholders, policymakers and governments to develop comprehensive rules to reduce emissions in all phases of oil and gas production.
“ExxonMobil has been applying the principles of this framework to our oil and natural gas operations for several years, resulting in improvements that…
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Rotating equipment solutions provider John Crane, in partnership with Khanh Linh Equipment and Engineering, has opened a wet seals service centre in Ho Chi Minh City in Vietnam.
For almost 12 years, Khanh Linh, which acts as John Crane’s local distributor, has provided a range of products and services to oil and gas customers in the region. The service centre is part of John Crane’s plans…
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Emerson has teamed up with Quantum Reservoir Impact (QRI) to develop and market next-generation applications for artificial intelligence (AI)-based analytics and decision-making tools for oil and gas exploration and production (E&P).
Together, they will help oil and gas customers embrace digital transformation technologies and harness vast amounts of data to optimise their reservoir…
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Subsea 7 has announced the award of two contracts for offshore activities: the first was awarded by ConocoPhillips offshore Australia, with the second awarded by Murphy Exploration and Production – USA in the Gulf of Mexico.
The first contract, which is estimated to be worth between $300 million (€269.6 million) and $500 million (€449.3 million), was awarded by ConocoPhillips Australia…
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Commodities trading group Trafigura has formed a 50/50 joint venture with energy company Phillips 66 to develop and offshore deepwater port project in Corpus Christi, Texas.
The joint venture, known as Bluewater Texas Terminal, will develop the crude oil export project around 21 nautical miles east of the entrance to the Port of Corpus Christi.
Constructed by Phillips 66, the project will…
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Oil and gas giant BP has announced plans to leave three US-based trade associations, following a review of the company’s alignment with the organisations’ climate-related policies.
The decision to leave the associations – American Fuel and Petrochemical Manufacturers, the Western States Petroleum Association and the Western Energy Alliance – comes after BP announced plans to become net…
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Fuel additive developer Clariant Refinery Services has opened a new crude and fuel oil laboratory in Bradford, the UK.
The new lab, which will focus on applications for transport and storage, will support a technical services team equipped to address challenges experienced by refineries, storage terminals, pipeline provider and logistics companies around the globe.
Featuring a wide range of…
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SOCAR-AQS and Halliburton have signed a Memorandum of Understanding (MoU) to form a new joint venture to provide a range of oilfield products and services in Azerbaijan.
The joint venture will be based in Baku, Azerbaijan, and will focus is business development and operations both on onshore and offshore Azerbaijan.
“Combining our unrivalled knowledge, experience and infrastructure in…
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Technology group Halma has enhanced its gas detection capabilities with the acquisition of Sensit Technologies, a gas detection company based in the US state of Indiana.
Sensit manufactures products that enable natural gas utilities to detect leaks in pipes, reducing the impact of climate change by minimising methane emissions, protecting workers in the industry, and ensuring compliance with…
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The US Environmental Protection Agency (EPA), the Justice Department and the state of Colorado have announced a settlement with K. P. Kauffman Company (KPK), which resolves alleged violations of the federal Clean Air Act and Colorado’s air quality regulations.
The settlement required KPK to put in place pollution control measures at 67 well production facilities, at a total estimated cost of…
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Oil and gas companies are facing a critical challenge as the world increasingly shifts towards clean energy transitions. Fossil fuels drive the companies’ near-term returns, but failure to address growing calls to reduce greenhouse gas (GHG) emissions could threaten their long-term social acceptability and profitability.
The oil and gas industry now needs to make clear what clean energy…
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Global manufacturer of mechanical seals and support systems AESSEAL has increased capacity in its operations in the US, through a series of investments totalling almost $16 million (€14.4 million).
Over the past year, AESSEAL, which is held by AES Engineering, has invested approximately $11 million (€9.9 million) into its US manufacturing facility in Rockford, Tennessee. The plant now has…
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Atlas Copco has acquired Hydra Flow West, a distributor focused on sourcing and sales of spare parts and accessories used in compressor service.
Located in Walnut in the US state of California, Hydra Flow West currently employs seven personnel.
“Hydra Flow West has built up a loyal customer base in their targeted market,” said Vagner Rego, business area president of Atlas Copco…
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H2scan, a provider of hydrogen sensors and technologies for utilities and industrial markets, has raised $10.5 million (€9.4 million) in a Series E financing round from Energy Growth Momentum, a UK-based private equity group.
The company raised an additional $3 million (€2.7 million) in venture debt from El Dorado Investment Company, an Arizona, US-based venture company owned by Pinnacle…
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A group of researchers from Tomsk Polytechnic University in Russia have developed a new sensor that can be used to remotely detect hydrogen leaks.
While hydrogen is considered a promising alternative energy source, its application is complicated due to its highly explosive nature when mixed with oxygen. Dangerous situations may arise, for example, in case of hydrogen leaks from storage…
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Seeq Corporation, a provider of manufacturing and Industrial Internet of Things (IIoT) advanced analytics software, has secured a $24 million (€21.6 million) expansion of its Series B funding, which will help the company fuel its advanced analytics growth strategy.
The expansion round was led by Saudi Aramco corporate venture subsidiary Saudi Aramco Energy Ventures (SAEV), with contributions…
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