R&D/innovation
The Spotlight on New Technology Awards recognize breakthrough innovations that demonstrate significant technical advancement and potential impact across the offshore energy value chain. The awards will be presented during OTC Asia, 31 March–2 April, in Kuala Lumpur, Malaysia.
Oman is embarking on a renewed effort to deploy the latest hydraulic fracturing technologies and techniques, tailored to its unique reservoirs and challenges.
Changgui Xu will receive the 2026 Individual Distinguished Award, and CNOOC will receive the 2026 Institutional Distinguished Award.
-
The two companies have entered a commercial agreement in which Baker Hughes will use Oqton’s software to boost its 3D printing capabilities. -
When confronted by extremely hot wells drilled into hard rock, engineers start looking for new tools and then ask, is there a cheaper option?
-
Nabors expanded its push beyond the oil business by acquiring an Australian solar power company selling a round-the-clock power technology.
-
New funding aims to launch up to seven pilots to help expand the deployment of enhanced geothermal systems.
-
The funding is for 33 research and development projects which will tackle the technical challenges of capturing CO2.
-
Rate transient analysis has been challenged in every sense of the word when it comes to tight reservoirs. An ongoing joint industry project aims to turn that around.
-
A deeper understanding of the roles of individuals in the innovation process is more important than ever as the organizations that make up the industry are being fundamentally transformed. Who are the “explorers” within the sector that are hardwired to deliver tomorrow’s bolder technologies? And who are the “exploiters” that prefer to stick with less‑ambitious innovat…
-
One of the problems with geothermal is that the rock that is hot enough to create the steam needed to run a power plant is also capable of destroying drilling hardware.
-
Chevron and Occidental plan to launch separate projects to help secure the commercial future of geothermal development in the US.
-
A breakthrough fusion demonstration at Lawrence Livermore National Laboratory produced more energy than it used—a historic first.
