California based Teledyne Technologies Incorporated has successfully acquired the gas and flame detection business of manufacturing company 3M for US$230mn in cash

UK-based oil-and-gas services company TechnipFMC and independent verifier DNV GL have entered into a partnership to develop the oil and gas industry’s first methodology for qualifying the integrity of digital twin technology

HMi Elements, a manufacturer of hazardous area-approved computers for oilfield service companies and their customers, has launched a Zone 1 product

Despite the age of big data, 71 per cent of organisations still rely on a single data source to analyse asset performance and risk management – instead of drawing information from multiple sources for a more comprehensive view, according to a report published by construction engineering company Lloyd’s Register at Gastech