FutureOn, the global software company specialising in the energy sector and creator of the award-winning SaaS field design applications, FieldAP, and its APIcentric collaboration platform, FieldTwin, has made two key senior appointments as part of the company’s strategic growth plans.…
The Dangote Group planned a world-class new refinery in Nigeria that would reduce the country’s reliance on imported energy and bring with it over 30,000 jobs. It was a project requiring some truly massive moves – among the continent’s largest,…
Gasum delivered the first liquefied biogas (LBG) shipment to its customer, Essity, on 22 March. Already a liquefied natural gas (LNG) customer, Essity will now test renewable LBG in an effort to make its operations and products completely fossil-free. By…
3t EnerMech, a new strategic alliance between 3t Energy Group and EnerMech, has announced its first award, a significant contract with the UK Government, which will help to shape future training requirements for Mozambique’s growing oil and gas workforce.  The…
The UK is expected to drive the upcoming projects across oil and gas value chain in Europe, accounting for about 25% of the total projects which are likely to start operations by 2025. Amongst these, new build projects lead with…
Asia is expected to lead the global capacity additions among the regions and its chlorine capacity is expected to increase from 54.59 mtpa in 2020 to 58.03 mtpa in 2025 at an average annual growth rate (AAGR) of 1.2 %.…
The United States Court of Appeals for the Second Circuit today affirmed multiple findings of civil contempt against disbarred attorney Steven Donziger, effectively bringing to a close his campaign to profit from the fraudulent Ecuadorian judgment he procured in violation…
Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has won an order to supply Alfa Laval OLMI air coolers to a refinery in Egypt. The order has a value of approximately SEK 95…
Led by PPG Industries’ $1.52bn acquisition of Tikkurila, Europe’s oil & gas industry saw a rise of 23.73% in cross border deal activity during Q4 2020, when compared to the last four-quarter average, according to GlobalData’s deals database. A total…
Chevron Corporation (NYSE: CVX) has just announced an investment in Baseload Capital AB, a Sweden-based private investment company focused on development and operation of low-temperature geothermal and heat power assets. Heat power is an affordable form of renewable energy that…
Vysus Group (formerly LR Energy), the global engineering and technology company, has secured a framework agreement with the Petroleum Safety Authority Norway (PSA), the government agency with regulatory responsibility for safety in the petroleum sector across the Norwegian continental shelf.…
The US is expected to dominate global crude oil trunk/transmission pipeline growth, accounting for almost one-fourth of the total pipeline length growth by 2024. With expected length additions of 4,900 km from projects that have received approval or are awaiting…
Wednesday, 17 February 2021 08:53

TietoEVRY to sell its Oil & Gas software business

TietoEVRY has reached an agreement with Aucerna, a Quorum Software affiliate, to sell its Oil & Gas software business. This divestment is part of the company’s strategy to seek focus and scale. Through this transaction the Oil & Gas software…
Commenting on Shell's announcement of its net-zero strategy, Professor David Elmes, Head of the Global Enenrgy Research Network at Warwick Business School, said: “Shell’s new strategy today places the company in the growing group of energy companies committing to net…
A new collaborative agreement has been signed that will see Northern Solutions Alaska LLC represent global completions specialist Tendeka in actively promoting sales, installation, and services of its completion products and technologies in the region.  The two companies have previously…
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