Sypris Wins Awards for Two High-Pressure Energy Projects
Sypris Technologies Inc., a subsidiary of Sypris Solutions Inc., has received orders on Feb. 8 for its Tube Turns D-bolt and Tool-less specialty closures for use in high-pressure oil and gas applications, including the Anchor Field development project in the Gulf of Mexico and the planned upgrade of a natural gas pipeline system in North America.
Hunting, Well Data Labs Partner to Advance Well Data Analytics for Completions
Hunting Plc, the international energy services group, has agreed to provide Well Data Labs (WDL) with $2.5 million in convertible capital financing on Feb. 4 to support WDL significant growth ambitions in the onshore technical well data analytics market.
Halliburton to Provide Digital Solutions for Kuwait Oil Company
Halliburton Co. has been awarded a contract from Kuwait Oil Company (KOC) on Feb. 3 to collaborate on their digital transformation journey through the maintenance and expansion of digital solutions for their North Kuwait asset.
Shell, C3 AI, Baker Hughes, Microsoft Launch Open AI Energy Initiative
The Open AI Energy Initiative is an ecosystem of AI solutions to help transform the energy industry.
Baker Hughes, NOVATEK to Develop Lower Carbon Hydrogen Solution for LNG Trains
Baker Hughes and PAO NOVATEK have signed a cooperation agreement on Feb. 1 aimed at reducing carbon emissions from natural gas and LNG production.
Data Gumbo Delivers Real-Time Opex Visibility across European Energy Sector
Data Gumbo's smart contracts eliminate accruals and deliver transactional certainty, supporting continuous financial management across European energy sector.
Houston-based Datagration Acquires Mosaic Petroleum Analytics
Datagration has acquired Mosaic Petroleum Analytics, a data analytics, reservoir simulation, and economics platform designed to optimize unconventional reservoirs, on Jan. 19.
Halliburton Delivers First Successful Grid-Powered Fracturing Operation in Permian Basin
To date, Halliburton has completed almost 340 stages across multiple wells using utility-powered electric frac pumps that demonstrated consistent superior performance.
IDS to Deploy Rig Reporting, Performance Analytics across Stena Drilling Fleet
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.
Schlumberger’s Clean Hydrogen Tech Venture Approved by European Commission
The Genvia venture will focus on the development and industrial deployment of a game-changing electrolyzer technology for clean hydrogen production.