O&G

Shepherd Safety Systems Introduces Groundbreaking Methane Detection Technology

Retrieved on: 
Friday, November 17, 2023
Safety, Intricate Unit, Oil, O&G, Superior, Methane, SCADA, Natural gas, Surveying

MIDLAND, Texas, Nov. 17, 2023 /PRNewswire/ -- Shepherd Safety Systems ("Shepherd"), a trailblazing thought and technology leader in the oilfield safety and emissions sector, proudly announces the launch of its Intrinsically Safe Continuous Monitoring solution for methane emissions. This unparalleled technology solution is set to redefine how oil and gas operators detect and manage methane leaks.

Key Points: 
  • MIDLAND, Texas, Nov. 17, 2023 /PRNewswire/ -- Shepherd Safety Systems ("Shepherd"), a trailblazing thought and technology leader in the oilfield safety and emissions sector, proudly announces the launch of its Intrinsically Safe Continuous Monitoring solution for methane emissions.
  • This unparalleled technology solution is set to redefine how oil and gas operators detect and manage methane leaks.
  • "In the Oil & Gas (O&G) industry, methane emissions represent a significant challenge, both for safety and environmental reasons," said Shepherd's CEO Seth Long.
  • Full Partnership Benefits: Unlike most other methane detection companies, Shepherd Safety offers methane monitoring as a service.

LiqTech International Announces Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 9, 2023
Sale, Water, Swimming, MEG, DPF, Growth, Expense, Aqua, Hand, O&G, Rare-earth element, Video game, Cryptocurrency, Fishing, Renewable energy, List of islands in the Pacific Ocean

BALLERUP, Denmark, Nov. 9, 2023 /PRNewswire/ -- LiqTech International, Inc. (NASDAQ: LIQT) ("LiqTech"), a clean technology company that manufactures and markets highly specialized filtration technologies, today announced its financial results for the third quarter of 2023 for the period ended September 30, 2023.

Key Points: 
  • BALLERUP, Denmark, Nov. 9, 2023 /PRNewswire/ -- LiqTech International, Inc. (NASDAQ: LIQT) ("LiqTech"), a clean technology company that manufactures and markets highly specialized filtration technologies, today announced its financial results for the third quarter of 2023 for the period ended September 30, 2023.
  • Revenue for the quarter ended September 30, 2023, was $5.1 million, compared to the $3.3 million reported in the third quarter of 2022.
  • Cash on hand (including restricted cash) on September 30, 2023 was $11.8 million compared to $12.6 million on June 30, 2023.
  • Replay: A teleconference replay of the call will be available until November 16, 2023, at (877) 344-7529 or (412) 317-0088, confirmation # 8554685.

Global Oil and Gas Industry Outlook 2023-2035 with 2022 as the Base Year - ResearchAndMarkets.com

Retrieved on: 
Friday, October 6, 2023
Climate Change, Manufacturing, Environmental Policy, Other Energy, Green Technology, Oil, Gas, Alternative Energy, Environment, Energy, Sustainability, Chemicals, Plastics, Carbon, O&G, Climate Change and Emissions Management Amendment Act, CIS, Growth, CCUS, Automation, Renewable energy, Beauty salon, Autonomy, Augment

The "Global Oil and Gas Industry Outlook, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Oil and Gas Industry Outlook, 2023" report has been added to ResearchAndMarkets.com's offering.
  • In the ever-evolving landscape of the global energy industry, particularly in the oil and gas (O&G) sector, transformative growth and innovation are on the horizon.
  • The global energy sector is experiencing an unparalleled transformation, ushering in exciting growth prospects for the oil and gas (O&G) industry.
  • 2023 Oil and Gas KPIs: Forecast
    2023 Oil and Gas Predictions: North America
    2023 Oil and Gas Predictions: Latin America
    2023 Oil and Gas Predictions: Europe
    2023 Oil and Gas Predictions: MEA
    2023 Oil and Gas Predictions: Asia-Pacific
    2023 Oil and Gas Predictions: Russia and CIS

Hunting PLC: India Facility Opening

Retrieved on: 
Monday, September 18, 2023
Oil, Gas, Manufacturing, Energy, Engineering, Utilities, Partnership, PLC, Principal Scientific Adviser to the Government of India, O&G, Strategic alliance, Iron & Steel Museum of Alabama, Jindal, JV, Connector, MD, Happiness, Hunting plc, Automation, Nashik, Hunting

Powering AatmaNirbhar Bharat of Tomorrow: Jindal Hunting Energy Services Ltd. (JHESL) Unveils State-of-the-Art Facility in India

Key Points: 
  • Powering AatmaNirbhar Bharat of Tomorrow: Jindal Hunting Energy Services Ltd. (JHESL) Unveils State-of-the-Art Facility in India
    In line with Indian Government’s vision of AatmaNirbhar Bharat, Jindal Hunting Energy Services Limited, a Joint Venture between global giants Jindal SAW Ltd. & Hunting Energy Services Ltd. proudly announces the grand opening of their facility collocated at the seamless tube facility of Jindal SAW Ltd. at Nashik, Maharashtra today.
  • The newly launched facility stands as the inaugural and presently sole facility capable of producing and supplying pipes, tubes, and premium connections to the OCTG market within the Indian oil & gas sector.
  • Thus far, all these products had to be imported from other countries, putting a strain on the foreign exchange situation in India.
  • Today, both Jindal SAW and Hunting make history, with the opening of the JV’s full-fledged premium OCTG, accessories and manufacturing operations, in support of the Government’s “Make in India” initiative.

Ashish Deshpande Expands Deshpande Systems to Support U.S. Oil and Gas Operators with Innovative IT and Business Process Expertise

Retrieved on: 
Tuesday, September 19, 2023
Data management, O&G, Schlumberger, Partner (business rank), SAP, Multimedia, ERP, Consultant, Staff augmentation, Organization, Cloud computing, Bombay Company, Digital transformation, Investment, Representative, Artificial intelligence, Growth, Louisiana House of Representatives, House, Management, New York University, Oracle

He is highly experienced in transitioning business lines to SAP and Oracle, both leading ERP systems, and developing customized apps and systems built on leading-edge technology platforms.

Key Points: 
  • He is highly experienced in transitioning business lines to SAP and Oracle, both leading ERP systems, and developing customized apps and systems built on leading-edge technology platforms.
  • Within these functional areas, Mr. Deshpande ensures that his clients' IT investments align with their organizational goals, while accommodating sustainable growth to provide maximum value.
  • To effect digital transformation, he deploys innovative tools such as cloud computing, big data analytics, low-code development, and artificial intelligence to streamline operations and decision-making processes, accelerate new business opportunities, and grow revenue.
  • He earned an M.B.A. in finance from New York University, and applies this dual expertise in technology and business to building tailored and effective management systems.

EIFO and Novo Holdings lead €14M round in Power-to-Peroxide pioneer HPNow

Retrieved on: 
Tuesday, September 19, 2023
Food, Technical University of Denmark, Drinking water, O&G, Marketing, Institute of technology, Oxygen, Agriculture, Electricity, Water, Cosmetics, Investment fund, Hydrogen peroxide, Novo Holdings A/S, Export, Global warming potential, Transport, Financial services, Renewable energy

COPENHAGEN, Denmark , Sept. 19, 2023 /PRNewswire/ -- HPNow, the pioneer in electrification of the hydrogen peroxide industry, announced the successful closing of a €14M round.

Key Points: 
  • COPENHAGEN, Denmark , Sept. 19, 2023 /PRNewswire/ -- HPNow, the pioneer in electrification of the hydrogen peroxide industry, announced the successful closing of a €14M round.
  • The equity round is led by The Export and Investment Fund of Denmark (EIFO) together with Novo Holdings.
  • Other investors in the round include MatiTech – a sustainable water treatment solution provider in Sub Sahara, and existing investors Evonik Venture Capital and AP Ventures.
  • "This new investment round, led by top-tier investors EIFO and Novo Holdings, represents a strong endorsement of our technology and market offerings, and will enable us to take a major leap forward in our company's development.

EIFO and Novo Holdings lead €14M round in Power-to-Peroxide pioneer HPNow

Retrieved on: 
Tuesday, September 19, 2023
Food, Technical University of Denmark, Drinking water, O&G, Marketing, Institute of technology, Oxygen, Agriculture, Electricity, Water, Cosmetics, Investment fund, Hydrogen peroxide, Novo Holdings A/S, Export, Global warming potential, Transport, Financial services, Renewable energy

COPENHAGEN, Denmark, Sept. 19, 2023 /PRNewswire/ -- HPNow, the pioneer in electrification of the hydrogen peroxide industry, announced the successful closing of a €14M round.

Key Points: 
  • COPENHAGEN, Denmark, Sept. 19, 2023 /PRNewswire/ -- HPNow, the pioneer in electrification of the hydrogen peroxide industry, announced the successful closing of a €14M round.
  • The equity round is led by The Export and Investment Fund of Denmark (EIFO) together with Novo Holdings.
  • Other investors in the round include MatiTech – a sustainable water treatment solution provider in Sub Sahara, and existing investors Evonik Venture Capital and AP Ventures.
  • "This new investment round, led by top-tier investors EIFO and Novo Holdings, represents a strong endorsement of our technology and market offerings, and will enable us to take a major leap forward in our company's development.

Corpus Christi Carbon Storage Hub Awarded to World-Class Team Led by Repsol

Retrieved on: 
Tuesday, September 5, 2023
Other Energy, Utilities, Manufacturing, Oil, Gas, Coal, Environmental Health, Alternative Energy, Energy, Environment, Mining, Minerals, Sustainability, Natural Resources, Climate Change, Steel, Carbon, Mitsui, Partnership, Texas General Land Office, O&G, PSF, GLO, Port, Lead, Port of Corpus Christi, POSCO, Information economy, POSCO International, CCS, Permanent School Fund, CO2, Renewable energy, MEPUSA, Repsol

The Texas General Land Office (GLO) awarded a Repsol-led partnership a contract for over 140,000 gross acres of pore space owned by of the Permanent School Fund (PSF) for CO2 storage located offshore of Corpus Christi, Texas.

Key Points: 
  • The Texas General Land Office (GLO) awarded a Repsol-led partnership a contract for over 140,000 gross acres of pore space owned by of the Permanent School Fund (PSF) for CO2 storage located offshore of Corpus Christi, Texas.
  • Equity interests in the partnership will be 40 % Repsol (Operator), 40 % Carbonvert, 10 % MEPUSA and 10 % POSCO.
  • David Ramos, Geological Low Carbon Solutions Director for Repsol said: “Repsol is excited to lead and operate this project that will ultimately add to our strong presence in the country through our O&G operations and Low Carbon projects.
  • Corpus Christi is a strategic region for Repsol pursuing Low Carbon developments where the Port of Corpus Christi plays an essential role for the industry.

Wintermar Offshore (WINS:JK) Public Expose 2023

Retrieved on: 
Friday, June 16, 2023
OSV, WINS, Maintenance, Acquisition, Investment, O&G, Renewable energy, Shipbuilding

JAKARTA, June 16, 2023 - (ACN Newswire) - PT Wintermar Offshore Marine Tbk (WINS:JK) invested US$3.15 million out of capex plan of US$18 million in 2023, and expects higher demand for OSVs driven by a jump in approved deepwater oil and gas investments and tight OSV supply.

Key Points: 
  • JAKARTA, June 16, 2023 - (ACN Newswire) - PT Wintermar Offshore Marine Tbk (WINS:JK) invested US$3.15 million out of capex plan of US$18 million in 2023, and expects higher demand for OSVs driven by a jump in approved deepwater oil and gas investments and tight OSV supply.
  • During the Public Expose on 16 June 2023, PT Wintermar Offshore Marine Tbk unveiled its strategic plans to enhance fleet composition and profitability, positioning itself to capitalize on the anticipated upturn in the oil and gas industry.
  • Wintermar aims to ride on the upturn, having added high tier fleet capacity, and stands to benefit from rising charter rates.
  • In 2021, the Company successfully acquired 2 vessels, followed by an additional 6 vessels in 2022, and acquired 1 more vessel in 2023.

Guidehouse Insights Estimates Global Investment in Energy Metaverse Will Grow to Nearly $80 Billion in 2031

Retrieved on: 
Thursday, July 27, 2023
Metaverse, Wildfire, AI, XR, Investment, O&G, UAS, Smartphone, Internet, Machine learning, Renewable energy, Cryptocurrency

BOULDER, Colo., July 27, 2023 /PRNewswire/ -- A new report from Guidehouse Insights provides an overview of the energy metaverse.

Key Points: 
  • According to a new report from Guidehouse Insights, global investment in the core energy metaverse technologies is expected to grow exponentially over the next decade and beyond, from a base of just over $6 billion in 2022 to nearly $80 billion in 2031, at a compound annual growth rate (CAGR) of 33.0%.
  • Core energy metaverse technologies include digital twins, AI and machine learning (ML), unmanned aerial systems (UAS) and drones, extended reality (XR), and blockchain-based applications.
  • The report, The Energy Metaverse , provides an overview of the energy metaverse.
  • Finally, it provides market analyses for core energy metaverse technology investments by the utility and O&G energy verticals through 2031.