Portable Viscosity Reduction Unit for Oil Reaches Testing Stage
It is increasingly important for oil companies to have equipment that enables swift on-site analysis. It reduces costs and forced inactivity time of the drills and pipelines.
Insights from Klarian
Conversion of Water to Fuel Finally Viable
In late 2016, sunlight, wind and geothermal heat are no longer a surprising source of renewable energy but rather a permanent solution. For example, over the last 40 years since solar energy was first introduced, it has become a self-evident part of society that works alongside other methods.
North Dakota oil leak highlights impending technology need
In the first half of December North Dakota saw the Belle Fourche Pipeline, which carries approximately 1000 barrels of oil per day, rupture and release over 176,000 gallons of oil.
Edge Computing… a force multiplier for change?
Although much of the commentary on the Internet of Things (IoT) is focused on consumer applications, there is a growing awareness of the transformational opportunity presented by Industrial IoT (IIoT) applications underpinned by edge computing.
New Battery Power Alternative a Breakthrough for IoT
Since their invention, batteries of many shapes and forms have been a ground-breaking discovery, used everywhere from phones and household appliances to sizeable vehicles.
Norms-based contracting set to take over the oil industry?
There is little the oil industry has not attempted in the search for cost reductions. Over time, it has continued to introduced new technologies and reformed old systems but sometimes it takes something as simple as a fresh look at conventional processes to save millions.
Watson’s Transformation of Energy Management
Ten years ago, in 2006 IBM’s principal investigator David Ferrucci tested a question-answering system that was meant to respond to the clues of a quiz show but only performed at a correct rate of 15%.
A New Direction for IoT in SaaS
Cost efficiency – it is always a topic of conversation where IoT is mentioned. IoT saves money, time and effort for the customer and leads to better results for the user. Yet IoT is constantly changing and with new methods come new benefits – sometimes even for the provider too.
The Power of SolarCoin
The now familiar crypto currency, Bitcoin, is known around the world and used by over 10 million people. As one of the first of its kind it had a struggle first to gain market traction and is still not quite as popular as predicted at the time of its launch, yet it is a very fitting example of the success a digital currency alternative can have.
Integrated Infrastructure in Mining
In a race to save costs and maximise profit, mining companies have often chosen to work individually and not even considered cooperation with others as a viable option.