Remote workers can collaborate using mobile devices with ABB’s versatile new cloud-based visualization system, ABB Ability Wellhead Manager, which supports smarter teamwork, enhanced efficiencies and lower costs for oil and gas operators of all sizes.
oil & gas
Toronto-based Validere, a venture-backed oil and gas IoT and artificial intelligence platform has raised $7 million in seed funding to transform oil and gas trading and logistics through reliable data and Artificial Intelligence (AI) insights.
At a recent speech to the Toronto Region Board of Trade, National Energy Board (NEB) Chair and CEO Peter Watson released Canada’s Energy Future 2018: Energy Supply and Demand Projections to 2040. Renewable sources of electricity will experience significant growth and continue to play a large role in Canada’s electricity generation mix over the next 20 years, according to the new energy outlook report from the NEB.
Deep Down, Inc., a specialist in complex deepwater oil and gas distribution equipment and services based in Houston, has announced that it has received an order from Shell for work related to its Vito development in the U.S. Gulf of Mexico. The order is for the design, engineering, manufacturing and installation of an Isolation Valve system on the Vito floating production unit (FPU).