BP, Shell, Statoil partner on blockchain-based energy trading platform

Energy majors BP, Shell and Statoil are to co-develop a blockchain-based digital platform for energy trading, Platts reports. The investor group, which includes trading houses...

GE venture partners Kraken Robotics to advance subsea robotic inspection

Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) announced today that its wholly-owned subsidiary, Kraken Robotic Systems Inc. has entered a strategic partnership with Avitas Systems, a...

Chevron partners with Microsoft to fuel digital transformation

Chevron Corporation (NYSE: CVX) today announced a seven-year partnership with Microsoft Corp. establishing the company as Chevron’s primary cloud provider, accelerating the application of...

‎NSCDC deploys drones to curb pipeline vandalism

The Nigerian Security and Civil Defence Corps (NSCDC) has said it is deploying drones to halt the incessant cases of pipeline vandalism in the...

Accrete Petroleum’s software solutions to grow NPDC’s oil reserves

The Nigerian Petroleum Development Company (NPDC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has said its relationship with Accrete Petroleum will help...

Baker Hughes, a GE company awarded APM software contract by NLNG

Baker Hughes, a GE company (NYSE: BHGE) has signed an agreement for the provision of Asset Performance Management (APM) software and services for LNG...

Schlumberger announces new digital well construction planning solution

Schlumberger today introduced DrillPlan* digital well construction planning solution at the SIS Global Forum—the first step in the DELFI* cognitive E&P environment. The DrillPlan...

DPR automates operations to enhance efficiency

The Department of Petroleum Resources (DPR), has announced plans to go digital in its operations to enhance efficiency in all its regulatory deliverables and...

Baker Hughes/GE merger to lower cost of oil, petroleum product production in Nigeria

The Chief Executive Officer, sub-Saharan Africa, Bakers Hughes, a GE Company (BHGE), Mr. Ado Oseragbaje has stated that the merger of Bakers Hughes and...

Schneider Electric to aid Dangote refinery on safety, reliability & profitability with IoT solutions

Schneider Electric, the global specialist in energy management and automation, has signed a contract to provide comprehensive process automation systems, solutions and services to...

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