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Python-based optimization

2026-01-09 13:14:15| Oil IT Journal - www.oilit.com

TotalEnergies' Digital Factory leverages Pyomo modeling framework to optimize heat exchanger maintenance.


Category:Energy and Environment

Done deals

2026-01-09 13:14:15| Oil IT Journal - www.oilit.com

Bolo.ai gets $8.1 million seed funding. Chart Industries, Flowserve combine. Constellation Software creates GeoSoftware. Energy Domain acquires ClerkRecords. Fugro pulls 2025 guidance. GeologicAI gets $44 million Series B. Hexagon to spin off Asset Infrastructure & Geospatial into 'Octave', sells MSC unit to Cadence. Jadwa Investment leads $50 million investment in PetroApp. Ranger Energy Services acquires American Well Services. SLB closes ChampionX acquisition. Spectrum Det-Tronics unit acquires R.C. Systems. Systrends acquires HData Compliance. TotalEnergies sells GreenFlex affiliate to Oteis


Category:Energy and Environment

Standards stuff ...

2026-01-09 13:14:15| Oil IT Journal - www.oilit.com

CII FR-398: tools for complex construction. USPI NL: Version 1.3 of FL3DMS. UK FRC on digital standards for corporate reporting. IOGP Reports on offshore collision/entanglement mitigation. IOGP updates Guidelines for drilling hazard site surveys. Wells Expert Committee on 'source control' emergency planning. ISO and GHG Protocol partner on emissions reporting. Neoconception: how the Asset Administration Shell and OPC UA can work together. The Pipeline Research Council International on pipeline safety data. IO Tech rolls-out auto tagging methodology for 'Project Haystack IOT'. The Ultra Ethernet Consortium rolls-out V1.0. Hans Teijgeler appointed Knight of the Order of Orange-Nassau


Category:Energy and Environment

Safety first

2026-01-09 13:14:15| Oil IT Journal - www.oilit.com

CII 'safety performance has plateaued'. Crane Risk project announced. New Emerson PACSystems safety controller. Frank's Tubular deploys Catwalk Sensor. IOGP Safety Committee publishes safety performance indicators for 2024 and new 'Line of Fire' Life Saving Rule. IOGP adds 'Vision AI' to DESSI, the Digitally-Enabled Safe Sites Initiative.


Category:Energy and Environment

Deer Park terminal fire

2026-01-09 13:14:15| Oil IT Journal - www.oilit.com

US CSB revisits 2019 Deer Park fire with new safety video. CSB slotted for defunding. Texas RRC Commissioner rejects CSB recommendation. Operator deploys digital technology from Parsable.


Category:Energy and Environment

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