Oil and gas giant Shell has tapped digital innovation specialist Bluware Corp for the supply of deep learning technology, which should speed up work with seismic data interpretation.Bluware Corp said it Monday it had deployed the Pickasso proprietary deep learning technology…
The oil and gas industry is currently enduring one of the most challenging periods in its history. The impact of the COVID-19 pandemic significantly accelerated an existing decline in global demand for hydrocarbons, resulting in the lowest oil prices for 30 years…
Chinese ports are struggling to unload record volumes of crude with storage tanks full after the country rushed to buy extra barrels during April's oil price crash, according to traders and shipping data seen by Reuters.More than 80 million…
China's crude oil imports from Saudi Arabia nearly doubled in May from a year earlier to all-time high as refineries snapped up cheap fuel, while the kingdom retained its position as the top supplier to the world's biggest oil buyer.Arrivals from Saudi last month reached 9…
Dutch offshore survey company Fugro has said it has completed the Middle East’s first fully autonomous geophysical shallow-water route survey. Controlled from the remote operations center in Abu Dhabi, an uncrewed surface vessel (USV) captured…
Drone-based inspection company Cyberhawk has said it has signed a five-year, multimillion-dollar software contract with oil giant Shell.Under the contract, Cyberhawk will provide its cloud-based asset visualization software iHawk for all onshore…
Norway-based marine seismic data company TGS has started commenced a 2Dcubed seismic data project covering offshore Timor-Leste, in support of the country’s ongoing oil and gas license round, announced in October 2019, following the ratification of a maritime border treaty with Australia…
India's crude oil processing in April slumped by 28.8% from a year earlier, its biggest drop since at least 2003, as a nationwide lockdown weighed on fuel demand and forced refiners to cut production.Refiners processed about 14.75 million tonnes or 3…
Oil and gas company Neptune Energy on Thursday announced the completion of the acquisition of the 3D broadband seismic survey of the extensive Petrel field located in the Bonaparte basin of Australia.'The 2,900 km2 survey significantly expanded…
Norwegian seismic data acquisition company PGS has said it has completed the acquisition phase of its Painimaut 3D MultiClient program, offshore Papua New Guinea.Using its Ramform Hyperion seismic survey vessel, PGS has gathered over 6 100 sq…
Norwegian multi-client offshore seismic data firm TGS has completed the reprocessing of a 21,631-square kilometer regional 2D seismic survey offshore Sakhalin Island, in the Russian Sea of Okhotsk.TGS, a provider of offshore data to exploration & production (E&P) companies…
The tanker Maran Gas Vergina has arrived in China with the first delivery of U.S. liquefied natural gas (LNG) in 13 months, shipping data showed on Monday.This is the first shipment since March 2019 after a long-standing trade war in which China…
Tankers carrying U.S. liquefied natural gas (LNG) are on their way to China after Beijing started granting tax waivers to some importers, according to shipping and trade sources.This is the first time since March 2019 that shipments have resumed…
Carnarvon Petroleum, a partner in Santos-operated Dorado oil field off W. Australia, has said that work on the FEED for the Dorado development continues unabated by the recent global events.Carnarvon stressed that the spread of the COVID-19 virus and the fall in oil prices were serious matters…
India's oil imports fell to their lowest in more than three years in September to 3.82 million barrels per day (bpd), data obtained from industry and shipping sources showed, as some refiners cut purchases due to shutdowns for maintenance and fuel upgrades…
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