Innovative Thinkers

News
July 17, 2020
“At a time when renewables have developed from niche technologies to global industries, Aker’s ambitions exceed the announced spin-offs in Aker Solutions,” Aker Chief Executive Officer Oyvind Eriksen said in a statement. “We take an active role to position ourselves in a broader and rapidly growing renewable energy industry.”
News
July 08, 2020
North Sea nations and oil companies face costs of more than $100 billion to shut down old wells in the depleted region. Researchers in Norway believe they can cut that figure dramatically.
News
July 06, 2020
Europe’s oil giants came into 2020 promising shareholders they can “do it all” -- maintain generous dividends, keep the crude flowing and make a historic shift toward clean energy. Only one of them may succeed.
News
May 04, 2020
The Spotlight on New Technology Award recognizes companies that have created new and advanced technologies that play a role in advancing the offshore oil and gas sector into the forthcoming years.
News
April 09, 2020
Trendsetter Vulcan Offshore (TVO), a developer of innovative solutions for the offshore industry, has collaborated with local pulmonary and critical care physician Luis E. Chug, MD, to introduce personal protective equipment (PPE) for healthcare workers fighting the coronavirus pandemic.
News
April 02, 2020
ExxonMobil is applying its deep knowledge and experience with polymer-based technologies, in partnership with the Global Center for Medical Innovation, to facilitate development and expedite third-party production of innovative safety equipment that can be sterilized and worn multiple times.
Article
March 2020
Scientists at Rice University’s Brown School of Engineering show that microscopic saltwater droplets emulsify crude oil when each has the right composition. Understanding how they combine is important to enhanced oil recovery.
News
January 09, 2020
The U.S. Department of Energy Small Business Innovation Research Program has awarded a Phase I grant to E-Spectrum Technologies and Dr. Eduardo Gildin, associate professor in the Harold Vance Department of Petroleum Engineering at Texas A&M University, to create an advanced advisory system that accurately depicts underground conditions in real time during drilling operations.
Article
December 2019
Land rigs have evolved over the years, incorporating increasingly advanced technology with greater levels of digitization and automation. The evolution has been driven by the increased power/torque required for more complex borehole construction and extended-reach wells.
News
November 20, 2019
Honoring the global energy industry's most successful firms, projects and innovations, Petroleum Economist has announced the winners of its 2019 Petroleum Economist Awards in 10 categories. Additionally, five awards were given to outstanding individuals for their industry contributions.
News
November 15, 2019
The World Petroleum Council announced today that 2,000 abstracts were received for the 23rd World Petroleum Congress (WPC) Call for Papers – the highest number of submissions ever achieved in the history of the Congress.
News
November 08, 2019
On Friday, at its 90th annual meeting, the Independent Petroleum Association of America (IPAA) bestowed its Chief Roughneck award on Occidental Petroleum President and CEO Vicki Hollub.
News
November 05, 2019
Oilfield Helping Hands will be host its Oklahoma Chapter Fall Sporting Clays Tournament on November 15, 2019, at Quail Ridge Sporting Clays, 2401 S. McLoud Rd., McLoud, Oklahoma 74851.
News
October 31, 2019
DNVGL-RP-F303 has been published following a joint industry project including participants from subsea operators Equinor, Petrobras, Shell and Woodside in addition to four major systems suppliers; Aker Solutions, Baker Hughes, OneSubsea, and TechnipFMC.
News
October 28, 2019
Keynote speakers at the Women’s Global Leadership Conference discussed the critical role that diverse, multi-talented teams play in the future success of the oil and gas industry.
News
October 22, 2019
Oilfield Helping Hands has now shared $5 million with oilfield families in need.
News
October 17, 2019
More than 350 of the upstream oil and gas industry’s brightest minds gathered Thursday to find out, and celebrate, the winners of the 2019 World Oil Awards.
News
October 07, 2019
Energy leaders from Amazon and Microsoft will join Production 4.0-driven oilfield operators, including Apache Corporation and Targa Resources, and management consulting firm McKinsey & Company, to discuss the role of digitalization in the near and long-term future of oil and gas production.
News
October 02, 2019
Vapr’s open architecture design allows engineering teams to plan and complete multi-stage plug and perf operations more safely, precisely, and cost-effectively.
News
October 02, 2019
“It is very exciting to be a pioneer for this type of technology offshore. Enabling personnel to plan and perform operations from shore rather than being flown offshore, this pathbreaking technology will also reduce costs,“ says Olav A. Godø, operations manager, Njord.
News
September 20, 2019
ExxonMobil recently announced the winners for the inaugural Power Play Awards during the Gastech Exhibition and Conference on September 18, 2019.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.