Innovative Thinkers ///

PosHYdon: The key to unlocking offshore hydrogen’s future energy potential

The PosHYdon pilot project will create the world’s first offshore green hydrogen production plant in the Dutch North Sea. The project will gain experience in integrating working energy systems at sea and producing hydrogen in an offshore environment.

Editorial Advisors: Nathan Meehan receives SPE’s highest honor, takes on new role

One of World Oil’s most notable editorial advisors receives SPE’s ultimate distinction while also taking on new roles in the industry.

Halliburton launches innovation lab to accelerate clean energy development

Halliburton Company announced the creation of Halliburton Labs – a collaborative environment where entrepreneurs, academics, investors, and industrial labs come together to advance cleaner, affordable energy.

URTeC: Operators, innovators discuss new processes for technology adoption

Some of the high-impact technologies in 2019 no longer have the same economic punch in today’s Covid-19-battered market. At the same time, say some operators and innovators, some of the overlooked or low-impact technologies now are extremely useful, even transformative.

Aker Solutions, Kvaerner transform to seize renewable-energy opportunities

“At a time when renewables have developed from niche technologies to global industries, Aker’s ambitions exceed the announced spin-offs in Aker Solutions,” Aker Chief Executive Officer Oyvind Eriksen said in a statement. “We take an active role to position ourselves in a broader and rapidly growing renewable energy industry.”

Norway to tackle $100 billion P&A liabilities with new oilfield tech

North Sea nations and oil companies face costs of more than $100 billion to shut down old wells in the depleted region. Researchers in Norway believe they can cut that figure dramatically.

Total’s CEO Pouyanne plots successful course while competitors stumble

Europe’s oil giants came into 2020 promising shareholders they can “do it all” -- maintain generous dividends, keep the crude flowing and make a historic shift toward clean energy. Only one of them may succeed.

OTC announces 2020 Spotlight on New Technology Awards recipients

The Spotlight on New Technology Award recognizes companies that have created new and advanced technologies that play a role in advancing the offshore oil and gas sector into the forthcoming years.

Trendsetter Vulcan Offshore experts collaborate to develop coronavirus PPE

Trendsetter Vulcan Offshore (TVO), a developer of innovative solutions for the offshore industry, has collaborated with local pulmonary and critical care physician Luis E. Chug, MD, to introduce personal protective equipment (PPE) for healthcare workers fighting the coronavirus pandemic.

ExxonMobil joins COVID-19 fight, helping develop multi-use PPE for clinical settings

ExxonMobil is applying its deep knowledge and experience with polymer-based technologies, in partnership with the Global Center for Medical Innovation, to facilitate development and expedite third-party production of innovative safety equipment that can be sterilized and worn multiple times.

‘Smart water’ may help maximize reservoir production

Jeff Falk, Mike Williams, Rice University

Scientists at Rice University’s Brown School of Engineering show that microscopic saltwater droplets emulsify crude oil when each has the right composition. Understanding how they combine is important to enhanced oil recovery.

Texas A&M researchers create advanced drilling advisory system that opens door to autonomous drilling

The U.S. Department of Energy Small Business Innovation Research Program has awarded a Phase I grant to E-Spectrum Technologies and Dr. Eduardo Gildin, associate professor in the Harold Vance Department of Petroleum Engineering at Texas A&M University, to create an advanced advisory system that accurately depicts underground conditions in real time during drilling operations.

Shell and Rice University partner on hydrocarbon-based zero-emissions technologies

Rice University has launched Carbon Hub, a major research initiative to create a zero-emissions future in which oil and natural gas provide both clean energy and advanced materials that help house, move, clothe and feed people.

Petroleum Economist reveals 2019 awards winners

Honoring the global energy industry's most successful firms, projects and innovations, Petroleum Economist has announced the winners of its 2019 Petroleum Economist Awards in 10 categories. Additionally, five awards were given to outstanding individuals for their industry contributions.

Hunting to seek innovative partnership opportunities at its Stavanger TEK-HUB

Hunting’s TEK-HUB is opening the technology initiative in a bid to support energy industry innovators in Europe and beyond.

LAGCOE keynote explores industry’s role in technical and social innovation

Kevin Krausert, president and CEO of Canada’s Beaver Drilling, opened Day Two of the LAGCOE 2019 conference, with the goal of helping the oil and gas industry maintain its long-standing role as a source of both technical and social innovation.

LAGCOE keynote speaker issues rallying call, to earn social license to operate

Kimberly McHugh, vice president of drilling & completions at Chevron, kicked off LAGCOE 2019 Wednesday morning in New Orleans with a reminder that, while the rumors of the demise of the oil industry are greatly exaggerated, companies must adapt to continue to meet the world’s evolving energy needs.

Eaton collaboration with San Jacinto College advances energy industry workforce development in the Gulf Coast

“The energy industry needs a more skilled workforce and the new Center for Petrochemical, Energy, & Technology is designed by industry for industry,” said Dr. Brenda Hellyer, San Jacinto College Chancellor.

API: U.S. supply, global efforts cushion global oil markets after weekend attack

The U.S. energy revolution has fundamentally added to U.S. and global near-term deliverability of oil, natural gas and natural gas liquids, generally helping stabilize the global market against supply disruptions.

Rockwell Automation expands program to help companies with machine safety

“Working with qualified system integrators helps manufacturers keep systems compliant with current standards while improving productivity,” said Lee Lane, vice president and general manager, Sensing, Safety and Connectivity business, Rockwell Automation.