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About

ABB is a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. The company’s solutions connect engineering know-how and software to optimize how things are manufactured, moved, powered and operated. Building on more than 130 years of excellence, ABB’s ~105,000 employees are committed to driving innovations that accelerate industrial transformation.

News

Siemens Acquires Tech Firm Altair Engineering in Deal Worth $10.6B

Siemens has closed an acquisition of Altair Engineering, strengthening its industrial AI, digital twin and high-performance computing offerings.

E&P Highlights: March 17, 2025

Here’s a roundup of the latest E&P headlines, from Shell’s divestment to refocus its Nigeria strategy to a new sustainability designation for Exxon Mobil’s first FPSO off Guyana.

Energy Transition in Motion (Week of March 14, 2025)

Here is a look at some of this week’s renewable energy news, including a record-breaking year for solar capacity additions.

E&P Highlights: Feb. 10, 2025

Here’s a roundup of the latest E&P headlines, from a Beetaloo well stimulated in Australia to new oil production in China.

Energy Transition in Motion (Week of Feb. 7, 2025)

Here is a look at some of this week’s renewable energy news, including a milestone for solar module manufacturing capacity.

Sage Geothermal, ABB Form Energy Storage, Power Partnership

In a memorandum of understanding, ABB said it would support Sage Geothermal on its energy project with Meta.

Siemens Divests Power Electronics Business to ABB

Siemens Gamesa is selling its power electronics business Gamesa Electric to ABB but not including its generators business in the deal.

AI & Generative AI Now Standard in Oil & Gas Solutions

From predictive maintenance to production optimization, AI is ushering in a new era for oil and gas.

Deepwater Roundup 2024: Americas

The final part of Hart Energy E&P’s Deepwater Roundup focuses on projects coming online in the Americas from 2023 until the end of the decade.

Energy Transition in Motion (Week of March 22, 2024)

Here is a look at some of this week’s renewable energy news, including a new modeling tool for superhot rock.

Gunvor Group Inks Purchase Agreement with Texas LNG Brownsville

The agreement with Texas LNG Brownsville calls for a 20-year free on-board sale and purchase agreement of 0.5 million tonnes per annum of LNG for a Gunvor Group subsidiary.

CERAWeek: AI, Energy Industry Meet at Scary but Exciting Crossroads

From optimizing assets to enabling interoperability, digital technology works best through collaboration.

E&P Highlights: Dec. 11, 2023

Here’s a roundup of the latest E&P headlines, including a court ruling in favor of Welltec and new contract awards.

E&P Highlights: Aug. 21, 2023

Here’s a roundup of the latest E&P headlines including first production from the Marlim and Voador fields offshore Brazil and new contract awards in the upstream oil and gas industry.

Plucking Power From the Air: Ammonia Production Tested

ABB, Skovgaard Energy, Topsoe and Vestas aim to dynamically produce renewable ammonia using surplus wind and solar power, hydrogen and nitrogen.