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Hedge fund that won big shorting U.S. shale is bullish on Canada

Hedge fund that won big shorting U.S. shale is bullish on Canada

After big wins shorting U.S. shale companies last year, one energy hedge fund is turning its sights on the beaten-down Canadian oil sector. The Taiwan Futures Exchange (TAIFEX) is set to provide real-time market data feed from 23 March 2020. Akram & Associates, a boutique Public Accounting Firm specialising in accounting, audit and tax services....

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C-Innovation selects Magma composite jumpers for Gulf of Mexico intervention projects

C-Innovation selects Magma composite jumpers for Gulf of Mexico intervention projects

Magma Global has been selected by C-Innovation to supply m-pipe thermoplastic composite subsea jumpers for flowline intervention in the Gulf of Mexico. C-Innovation, an affiliate of Edison Chouest Offshore (ECO) and its family of companies. The contract encompasses subsea construction, inspection, maintenance and repair (IMR) and logistics services. FMC Technologies has delivered seventh UHD-III remotely...

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Schlumberger and Dataiku partner to offer enterprise-scale artificial intelligence

Schlumberger and Dataiku partner to offer enterprise-scale artificial intelligence

Schlumberger and Dataiku have entered into an exclusive technology partnership that will enable the E&P industry. Company announced that Simon Ayat, Executive Vice President and Chief Financial Officer, will step down from this position. Company hold a conference call on January 17, 2020 to discuss the results for the fourth quarter and full year ending...

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Repsol is first oil major to pledge zero emissions by 2050

Repsol is first oil major to pledge zero emissions by 2050

Repsol SA embarked on the most ambitious attempt yet by an oil major to align itself with the Paris climate goals. The first WindFloat Atlantic unit featuring the world’s largest offshore wind turbine on a floating platform. The Chairman of Repsol warns in Brussels of the risk of relocation of European industrial production. Repsol has...

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BP invests in carbon-offset monetization firm

BP invests in carbon-offset monetization firm

BP Ventures has invested $5 million in Finite Resources Inc, parent company of Finite Carbon, a US-based forest carbon management company. BP recently announced a new joint venture with US agri-commodities company Bunge. Innovative enhanced recycling technology capable of processing PET plastic waste which currently goes unrecycled. The investment will enable Finite Carbon to grow...

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Santos targets LNG growth with $1.4 billion ConocoPhillips deal

Santos targets LNG growth with $1.4 billion ConocoPhillips deal

Santos Ltd. agreed to buy ConocoPhillips’ northern Australia business for $1.4 billion in a deal. ConocoPhillips (NYSE: COP) today announced an increase in its quarterly dividend of 38 percent. ConocoPhillips (NYSE: COP) today completed its previously announced transaction. Company will boost the Adelaide-based oil and gas producer’s position in the growing Asian liquefied natural gas...

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Equinor to build wind farm to power oil platforms offshore Norway

Equinor to build wind farm to power oil platforms offshore Norway

Equinor made a final decision to invest in floating wind turbines to power offshore oil platforms off. Equinor and its partners confirmed a new timeline for the Rosebank project. Equinor, on behalf of the Njord licence, has awarded Saipem a subsea service contract. Hywind Tampen will cost a total of almost 5 billion kroner $550...

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Rockwell Automation, Schlumberger form industry’s first integrated automation solutions provider

Rockwell Automation, Schlumberger form industry’s first integrated automation solutions provider

Rockwell Automation and Schlumberger announced the closing of their previously-announced joint venture. The oil and gas industry’s first digitally enabled, integrated automation solutions provider. Rockwell Automation Inc announces senior leadership transition to be effective November 1. Transaction Expands Rockwell’s Consulting and Systems Integration Scale in Fast Growing Industrial Transformation market. Automation Fair will feature more...

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Schlumberger and TIBCO collaborate to provide advanced analytics in the DELFI environment

Schlumberger and TIBCO collaborate to provide advanced analytics in the DELFI environment

Schlumberger announced the integration of industry-leading TIBCO Spotfire and TIBCO Data Virtualization technologies. Company announced the expiration of the previously announced cash tender offer by Schlumberger Holdings Corporation. Schlumberger announced its biennial event, the SIS Global Forum 2019, has surpassed expectations. The collaboration will augment Schlumberger domain science applications with new analytics capabilities. The Ora...

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Aramco lining up banks as IPO is coming “very soon”, per the CEO

Aramco lining up banks as IPO is coming “very soon”, per the CEO

State oil giant Saudi Aramco said it’s lining up banks for its long-awaited initial public offering as the sale is now imminent. The launch of NIC will play an important role in advancing nonmetallic solutions across industries. Banks will be chosen “soon,” Chief Executive Officer Amin Nasser said at an industry conference in Abu Dhabi....

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