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Boskalis has won several heavy marine transport services contracts worth a combined value of approximately $120 million.

Business Development VP Kirstie Boyle joins The SPE Podcast to talk startups. Recently part of a $4.5-million funding round, Kirstie shares what makes Interface Fluidics flow.

A newly developed superhydrophobic coating keeps offshore drilling pipes from being clogged by various substances. R&D Magazine recently recognized the coating and the unique process to apply it to pipes as one of the 100 most significant innovations of 2019.

Equinor has chosen four suppliers for inspection services on all offshore installations on the Norwegian Continental Shelf and onshore plants in Norway. The frame agreements, estimated at $383 million, are scheduled to be signed soon.

The US House’s subcommittee on Energy and Water Development and Related Agencies recently heard testimony on the Department of Energy’s role in addressing climate change.

Bloomberg reports that Saipem is seeking to bulk up and weather an industry downturn. A potential deal could create an oilfield service giant with more than $12.4 billion in revenue.

Macroeconomic and business risks, investor uncertainty, and the energy transition highlight the challenges outlined in the report.

The bank funded some €2 billion in projects last year.

Microsoft announced that it will open an AI Center of Excellence for Energy in the United Arab Emirates—a global first for the company—to empower organizations in the industry in accelerating digital transformation and equipping their workforce with AI skills.

The company is relying on DevOps and agile to hit a bold growth goal by 2025: doubling profits without changing prices.

Harnessing the industrial Internet of things has arguably become the biggest strategic priority for industrial companies in the race to gain competitive advantage through digital transformation.

Equating data to oil might make sense at first glance, given the data-driven success of tech companies, but the analogy breaks down as soon as you dig a little deeper.