For many organizations in the oil and gas industry, it may be only a matter of time before hackers penetrate their computing systems and their data is held for ransom, according to a cybercrime expert.
May 12, 2022, 12 AM MDT
The Clean Resource Innovation Network (CRIN) has now entered the contracting phase for the portfolio of identified projects slated to receive a total of up to C$80 million to accelerate solutions toward commercialization that will significantly address priority environmental and economic challenges faced by Canada’s oil and gas sector.
April 20, 2022, 8:27 AM MDT
Add Energy has secured upwards of $6 million of new work in Canada.
April 18, 2022, 10:18 AM MDT
March 30, 2022, 12 AM MDT
Some projects aimed at alternative uses for bitumen and cutting carbon dioxide emissions, among other cleantech objectives, are receiving an injection of financial support.
March 18, 2022, 7:58 AM MDT
Validere has raised US$43 million (CA$55 million) in its Series B financing round.
March 15, 2022, 7:16 AM MDT
Running an O&G company can be a real pain in the assets. Not only are there a million bits of oilfield equipment that have to be accounted for every time you buy, sell or fix one, but the vast majority of physical resources and financial transactions involved in joint ventures means that everything has to be done in duplicate.
February 10, 2022, 6 AM MST
Theft of a single password led to a ransomware attack on Colonial Pipeline that forced it to shut down for several days last May.
February 7, 2022, 6 AM MST
Validere has completed its acquisition of Phoenix Energy Consultants.
January 20, 2022, 6:50 AM MST
A requirement for greater operating efficiency will be a key driver for oil and gas companies to adopt digital technologies and applications, with executives seeing potential in solutions that combine data and analytics.
November 30, 2021, 6 AM MST
Cenozon empowers oil and gas companies to achieve optimal operational efficiency by providing market-leading software solutions and superior customer service.
November 10, 2021, 6:20 AM MST
Alberta-based IronSight announced a strategic capital raise from ARC Financial and Lifting Solutions to accelerate its scale-up and expansion into the U.S. and global energy and industrial markets.
October 27, 2021, 7:59 AM MDT
Offshore Canada, Schlumberger and ExxonMobil Canada are jointly working on the deployment of digital drilling solutions, which recently enabled ExxonMobil Canada to complete the first fully automated section drilled at the Hebron platform.
October 22, 2021, 5:05 AM MDT
Baker Hughes and C3 AI deployed the BHC3 Production Optimization enterprise AI application at MEG Energy Corp. to improve operational efficiency, productivity, and to better visualize risk across the company’s upstream production operations.
September 14, 2021, 7:25 AM MDT
The COVID-19 pandemic put many oil and gas operators and oilfield service companies in survival mode. But that doesn’t mean the push to find operational efficiencies through digital transformation slowed, said Narmin Vasanji, partner, Advisory Services, Management Consulting at KPMG in Canada.
August 20, 2021, 6 AM MDT
While digital transformation offers significant opportunities for companies, it’s less about technology than how it’s used and ultimately is all about the people involved, a Petroleum Technology Alliance Canada (PTAC) virtual session heard recently.
July 19, 2021, 8:40 AM MDT
Cloud computing can answer many challenges facing oil and gas companies by ensuring ideal data sets and visualization tools are fully accessible to relevant team members.
July 7, 2021, 6 AM MDT
The Canadian oil and gas industry has a long history leveraging data to find reserves and turn those reserves into economic production.
June 29, 2021, 6 AM MDT
It’s become an all-too-familiar reality: Thin operating margins, industry consolidation and the need to stay relevant as customers adopt new technologies present multiple challenges for Canadian oilfield service companies.
June 23, 2021, 6 AM MDT
The pace of technology change is expected to accelerate over the next decade — are field workers in the oilfield and utilities sector ready?
June 18, 2021, 6 AM MDT
The pace of technology change is expected to accelerate over the next decade — are field workers in the oilfield and utilities sector ready?
June 17, 2021, 6 AM MDT
For many energy executives, market uncertainty is transforming capital spending planning from an annual process with quarterly updates to an exercise that plays out in real-time so that funds can be swiftly redeployed for greatest impact.
June 16, 2021, 6 AM MDT
The pace of technology change is expected to accelerate over the next decade — are field workers in the oilfield and utilities sector ready?
June 15, 2021, 6 AM MDT
The pace of technology change is expected to accelerate over the next decade — are field workers in the oilfield and utilities sector ready?
June 14, 2021, 6 AM MDT
Creating value in an era of volatile pricing, tight capital markets and investor caution dominates decision-making for today’s oil and gas operators.
June 10, 2021, 6 AM MDT
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