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- Midstream, downstream and chemicals sectors exude confidence in continued recovery - Upstream executives seem less certain about the sustainability of the recovery - Cost management and reductions remain a top concern for all sectors - Digital holding more transformative potential for chemicals; more tactical cost control and near-term efficiency applications for...
Kellton Tech is pleased to announce the successful implementation of its Cloud based AI-enabled IoT platform, Optima, for one of its customer in the Oil and Gas industry. Kellton Tech’s proprietary IoT Edge device Envision, a remote communication modular gateway was used for this implementation. The customizable IoT platform, Optima, connects multiple...
GLENDALE, Calif., Nov. 20, 2018 /PRNewswire/ -- Beyond Limits, a leading developer of advanced artificial intelligence (AI) solutions, today announced the company's upcoming participation in the Oil & Gas Council's World Energy Capital Assembly (WECA). Since its inaugural assembly in 2008, the event has attracted executives, financiers, and investors from...
SHANGHAI (Reuters) - Chinese blockchain platforms will have to censor content, allow authorities access to stored data and check the identity of users under rules set out on Thursday by Beijing. The Cyberspace Administration of China (CAC) said that the regulations, which will come into force next month, will "advance...
OKLAHOMA CITY, Dec. 4, 2018 /PRNewswire/ -- Oseberg, a leading SaaS and data intelligence company in the oil and gas industry, announced today the creation of a new consulting practice dedicated to delivering actionable data intelligence from physical and scanned documents. Dean Williams, a former IHS Markit executive with over...
Tranzmeo, has secured an undisclosed pre-seed round funding from Hindustan Petroleum Corporation Limited , India (HPCL) for its AI-powered product, T-connect OneView. This marks the only AI start-up in the Kerala to get PSU investment from a Fortune500. The start-up will be utilizing the funds to accelerate research and development of its advanced,...
HOUSTON, March 05, 2019 (GLOBE NEWSWIRE) -- Momentum Events is delighted to announce that Alastair Caithness, Founder & CEO of Ziyen will moderate one of the featured sessions at the upcoming Blockchain Oil & Gas Summit (www.blockchainoilgassummit.com/), which will be held in Houston, Tx. on March 7, 2019. The session that Mr. Caithness will...
San Francisco, Sept. 06, 2018 (GLOBE NEWSWIRE) -- Xpansiv, a collaboration of industry leaders and experts focused on improving the way commodities are produced, managed, and traded, today announced Series A investments from BP Ventures, Reflective Ventures, and S&P Global (NYSE: SPGI), strategic investors focused on developing a revolutionary platform for attaching value to...
SINGAPORE, Oct. 29, 2018 /PRNewswire/ -- The "Digital Oilfield" has been one of the most discussed topics in the oil and gas industry in the past few decades. Whether oil prices soar or crash, digital technologies are often touted for finding more oil, extracting it more efficiently, and most importantly, keeping...
Fund will invest in Industry 4.0 applications that improve business processes, resource efficiency and environmental sustainability VANCOUVER, British Columbia and DELFT, Netherlands, Oct. 10, 2018 (GLOBE NEWSWIRE) -- Chrysalix Venture Capital, one of the most active industrial innovation venture capital firms, announces the first close for its new Fund, the...