Calgary-based Ambyint Inc., which uses artificial intelligence to improve the performance of wellheads, has received $3.4 million in federal funding to further develop the technology.
October 10, 2018, 7:16 AM MDT
A high-bleed pneumatic device swap out program that could reduce over three million tonnes of CO2 equivalent emissions over the next five years has received the support of a Quebec-based fund that exclusively finances carbon emission reductions.
September 25, 2018, 4:02 AM MDT
Numerous factors are shaping the future labour needs of Canada’s oil and gas sector, and industry and educators continue in their efforts to address the need for new and evolving skill sets that will be required going forward.
August 20, 2018, 8:13 AM MDT
Private investment firm Thoma Bravo, LLC has agreed to acquire Quorum Software from Silver Lake.
August 16, 2018, 11:28 AM MDT
Pason Systems Inc. increased its investment in R&D and IT by seven per cent in the first half of 2018 compared to the previous year period with a focus on machine learning algorithms.
August 9, 2018, 2:44 AM MDT
An article recently posted on the National Energy Board (NEB) website that suggests newer wells drilled into Saskatchewan’s Shaunavon formation are producing less over their lifetime despite improved technology and drilling and completion techniques doesn’t paint an accurate picture, say the top operator in the play and provincial oil and gas officials.
August 7, 2018, 7:48 AM MDT
3esi-Enersight has acquired Palantir Solutions, creators of Palantir PlanningSpace.
July 31, 2018, 7 AM MDT
Despite its ability to create efficiencies and improve the competitiveness of the oil and gas industry, technology adoption can be a slow, methodical and challenging process in the oilpatch.
July 18, 2018, 6 AM MDT
BP plc is working across the supply chain to support the development of the technologies and infrastructure required to support the growth of electric vehicles (EV) worldwide.
May 22, 2018, 3:09 AM MDT
Total Energy Services Inc. has entered into an agreement with Pason Systems Inc. to collaborate in the development and deployment of drilling automation and optimization technologies.
May 11, 2018, 7:39 AM MDT
In both Canada and the U.S., Cathedral Energy Services Ltd. was impacted by increasing equipment repair expenses.
May 8, 2018, 7:33 AM MDT
Petroleum Technology Alliance Canada (PTAC) is advancing the technologies needed to allow the oil and gas industry to meet stringent new methane emissions reduction targets while preparing the industry for the coming digital transformation, PTAC president Soheil Asgarpour told the annual general meeting this week.
May 4, 2018, 10:20 AM MDT
Pason Systems Inc. generated consolidated revenue of $73.8 million in the first quarter of 2018, an increase of 25 per cent from the same period in 2017.
May 3, 2018, 6 AM MDT
The countdown is on, and before the end of this year a new space mission will provide high-quality and valuable data that can benefit various aspects of the Canadian economy, including the oil and gas industry.
April 20, 2018, 9:56 AM MDT
Cenovus Energy Inc. is now the owner of a partial upgrading field pilot, and it wants two additional years to run it to advance the technology closer to commercialization.
April 6, 2018, 6 AM MDT
Quorum Software is acquiring Calgary-based Entero Corporation, which provides energy software solutions for the upstream and midstream sectors.
April 6, 2018, 6 AM MDT
April 4, 2018, 9:10 AM MDT
April 3, 2018, 3:23 AM MDT
The $165-million Water Technology Development Centre (WTDC) that was deferred by Canada’s Oil Sands Innovation Alliance (COSIA) following the oil price collapse in 2014 is back under construction.
March 22, 2018, 6 AM MDT
Canada’s Oil Sands Innovation Alliance (COSIA) says that since its launch six years ago, companies have made 431 technology implementation decisions based on their work in the partnership.
March 20, 2018, 11:22 AM MDT
March 20, 2018, 8:14 AM MDT
Ottawa isn’t backing down on its nation-wide carbon tax as it is at risk of losing one of its strongest provincial backers in Rachel Notley’s Alberta if a bitumen export pipeline through B.C. is not built.
March 16, 2018, 11:39 AM MDT
Through Western Economic Diversification Canada (WD), the Government of Canada will invest over $3 million in funding in the Foresight Cleantech Accelerator Centre, Light House Sustainable Building Centre and Geoscience BC as they “develop projects and technologies that advances sustainable environmental objectives.”
March 16, 2018, 9:43 AM MDT
The oil and gas industry can turn threats into opportunities by embracing new technologies to cut costs and produce a better product, an SPE Canada conference in Calgary heard on Tuesday.
March 14, 2018, 5:32 AM MDT
Renaissance Oil Corp. and partner LUKOIL have has finished drilling six wells of the approved 10 Chicontepec well appraisal program for the Amatitlán block.
March 14, 2018, 6 AM MDT