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Product news

 
 
 

OneNexus introduces new approach to funding decommissioning costs

Developed by OneNexus to help the energy industry meet the challenge of its Asset Retirement Obligations (ARO), WellSecure is a financial contract that provides long-term financial security for the purpose of funding oil and gas decommissioning liabilities.

 

First oil carbon intensity certification

Locus Bio-Energy’s AssurEOR STIM® biosurfactant technology has been certified to reduce the carbon intensity and boost production of crude oil and natural gas operations.

 
 
 
 
 
 
 
 

ABB and ODS partnership to enable custody transfer

ABB has announced a partnership with ODS Metering Systems, an independent manufacturer of custody transfer flow measurement solutions, that will see ABB’s Flow-X computers support an increasing number of oil and gas customers with an automation platform for custody transfer.

 

SLB launches methane measurement instrument

The company has introduced a self-installed continuous methane monitoring system that uses IoT-enabled sensors to detect, locate and quantify emissions across oil and gas operations.