Wärtsilä Engines Will Support Modernising of Michigan State University’s Power System
The technology group Wärtsilä has been chosen to provide a flexible power generation solution based on three gas fueled Wärtsilä 34SG engines to ensure operational flexibility in the power generation system of Michigan State University’s (MSU) East Lansing campus in USA. The solution will help the university to achieve its energy modernisation plans and support the growing need for efficient energy on the campus. The Engineered Equipment Delivery (EEQ) has been awarded by The Christman Compan...
RigNet's Intelie Delivers Machine Learning-Based Analytics for Advanced Fracturing Operations
HOUSTON - RigNet (NASDAQ: RNET), the leading provider of ultra-secure, intelligent networking solutions for distributed oil and gas operations, announced today that Intelie Live, RigNet’s machine learning-based analytics platform, is now broadly available to optimize pressure pumping operations. RigNet’s premier customer for this solution is a large national oilfield services company that has signed a multi-year agreement that bundles Intelie Live with RigNet’s managed communication services. ...
Yorkshire Water Invests $1.9M to Deploy Blackline Safety Connected Gas Detection in the United Kingdom
Blackline's G7 Insight program automates regulatory compliance reporting while delivering the industry's first and only location-enabled data analytics software BRADFORD, YORKSHIRE and UNITED KINGDOM - Yorkshire Water, a prominent water and sewerage company in the UK has placed a $1.9M order for Blackline Safety (TSXV: BLN) connected safety products and services, through Blackline's distribution partner, Breathe Safety. In the field and throughout facilities, Yorkshire Water personnel fac...
Video: Subsea Autonomous Vehicle for Inspecting Underwater Structures
The FlatFish project is a venture undertaken by the German Research Center for Artificial Intelligence (DFKI), the Brazilian Institute of Robotics (BIR) and Shell. It aims at designing an autonomous underwater vehicle (AUV) for repeated inspections of oil & gas subsea structures whilst being submerged for extended periods of time.
First CAMS Award to Develop Open Access Oil and Gas Operations Emission Calculator
The Collaboratory to Advance Methane Science (CAMS) has awarded its first research project to the University of Texas-Austin to study spatial and temporal methane emissions profiles across various oil and gas basins and develop a publicly available tool to model emissions inventories from oil and gas production. University of Texas-Austin, in collaboration with Colorado State University and SLR Consulting, will develop libraries of emissions data sets and activity factors. The model will have...
Wood and KBR Win Crux FEED Project Offshore Western Australia
HOUSTON – Wood and KBR,Inc. (NYSE: KBR) have secured a new multimillion dollar contract to deliver integrated front-end engineering design (FEED) for Shell Australia’s Crux project to build a not normally manned (NNM) platform and gas export pipeline located approximately 600km north of Broome, offshore Western Australia (WA). The Crux facilities will be an important source of backfill gas supply to the Shell-operated Prelude floating liquefied natural gas (FLNG) facility. The remotely operate...
Power Plant with Wärtsilä 31SG Engines to Secure Reliable Energy Supply in Harsh Climatic Conditions in Argentinian Oil Fields
The technology group Wärtsilä has been selected to supply a highly efficient engine power plant for one of the most important petroleum companies in Argentina. The gas fired plant will have an initial output of 57.4 MW, which can later be increased to 90 MW. The electricity produced will primarily be used to power the local oil fields, with any excess being sold to the national grid. The order with Wärtsilä comprises a complete engineering, procurement, and construction (EPC) project, and was bo...
Gas Demand Hits Lowest Level in 2 Years
DENVER – The latest Energy Information Administration (EIA) data register gasoline demand at 8.6 million barrels per day for the week ending December 28 – the lowest level on record since February 2017. Overall demand was down nearly 900,000 barrels despite a record holiday travel period. That suggests that winter demand could be lower than expected, further driving down already-foundering pump prices for the time being. Today's national gas price average is $2.23 and has declined for 12 wee...
Drillinginfo Provides Market Clarity in Report Focused on Price Drop Impacts
AUSTIN, Texas, Jan. 9, 2018 - Drillinginfo, the leading energy SaaS and data analytics company, has released After the Storm, a forward-looking report on the company's current view of the oil, natural gas, and NGL markets over the next five years. This update follows the market intelligence team's recent overview confirming crude oil prices have hit their peak price for the foreseeable future. The 50+ page report includes a depth of market insight including how speculative factors drove the p...
Crude Oil Hits 14-month Low
DENVER – At $2.39, Colorado's gas price average continues to drive toward the cheapest pump prices seen during the month of December since 2016 – welcome news to the 1.77 million Coloradans expected to road-trip to their holiday destination. Nationally, prices continued their decline to a 2018 low of $2.37 per gallon of regular unleaded. Regional Trends On the week, four states from the Rockies region land on the top 10 list with the largest weekly change: Idaho (-9 cents), Montana (-9 cents...