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DUBLIN--(BUSINESS WIRE)--The "Bakken Shale in the United States of America (USA), 2021 - Oil and Gas Shale Market Analysis and Outlook to 2025" report has been added to ResearchAndMarkets.com's offering.


The Bakken shale play is the second largest oil producing region in the United States behind the Permian Basin. In 2019, it averaged over 1.4 million barrels of oil per day (mmbd), which was followed by Eagle Ford play at 1.37 mmbd.

The play is located in North and South Dakotas and Montana states in the United States and southern part of Saskatchewan province in Canada. However, more than 90% of the hydrocarbon output comes from the portion of play located in the United States and accounted for almost 11% of oil and 3% of natural gas production in the United States Lower 48 for 2020.

The play peaked in production in November 2019, with 1,525 thousand barrels of oil per day (mbd) and 3.1 billion cubic feet per day (bcfd) of natural gas. Crude oil production in Bakken peaked in November 2019, and since then was declining at 6% rate on an annual basis. However, muted energy demand and crashed oil price brought by Covid-19 pandemic, caused crude oil production in the play to drop by around 40% compared to the beginning of the year.

The lowest levels of production since the end of 2019 was in May 2020 with 890 mbd and 1.9 bcfd, which is a 41% drop in oil and 39% drop in natural gas production. Production in the play is expected to slowly grow as oil prices recover, however, it is not expected to reach pre-pandemic levels in the next five years.

Scope

The report analyses the crude oil and natural gas appraisal and production activities in the Bakken shale in US. The scope of the report includes:

  • Comprehensive analysis of crude oil and natural gas historical production and outlook during 2018-25
  • Detailed information of impact on well development, permits and deals against the backdrop of the COVID-19 pandemic
  • In-depth information of well productivity and well completion parameters across Bakken shale in the US
  • Analysis of top companies' net acreage, planned capital expenditure in 2021, as well as crude oil and natural gas reserves and production stats as of 2020
  • Up-to-date information on major mergers and acquisitions across the Bakken shale play between 2019 and 2021

Reasons to Buy

  • Develop business strategies with the help of specific insights into the Bakken shale in the US
  • Plan your strategies based on economic viability and expected developments in the Bakken shale
  • Keep yourself informed of the latest M&A activity in across Bakken shale
  • Identify opportunities and challenges across Bakken shale play

Key Topics Covered:

1. Overview

1.1 Bakken Shale, Recent Developments and Trends

2. Bakken Shale, Introduction

2.1 Bakken Shale, Formation Overview

3. Bakken, Production and Activity Overview

3.1 Bakken Shale, Production Analysis, 2018-2020

3.2 Bakken Shale, COVID-19 Impact on Production

3.3 Bakken Shale, Production Outlook, 2021-2025

3.4 Bakken Shale, Drilling Activity

3.5 Well profile

4. Bakken Shale, Competitive Benchmarking

4.1 Bakken Shale, Major Companies with Prominent Presence, 2021

4.2 Bakken Shale, Major Companies' Financial Standings

4.3 Bakken Shale, Operational Performance of Leading Operators

4.4 Bakken Shale, Completion Parameters, 2019-21

4.5 Bakken Shale, Future Plans of Major Companies

4.6 Bakken Shale, Cost Trends, March 2021

5. Bakken Shale, Analysis of Bankrupt Companies

5.1 Bruin E&P

5.2 Whiting Petroleum Corp.

6. Bakken Shale, Associated Infrastructure

6.1 Pipelines

7. Mergers and Acquisition Activity in the Bakken Shale, 2019-2021

7.1 Overview of M&A Activity

7.2 Major Acquisitions

8. Bakken Shale, Analysis of Major Companies

8.1 Hess Corporation

8.2 Marathon Oil Corporation

8.3 Whiting Petroleum Corporation

8.4 ExxonMobil Corporation

8.5 ConocoPhillips

8.6 Oasis Petroleum Inc.

8.7 Petro-Hunt, LLC

8.8 Enerplus Resources Corporation

8.9 Northern Oil & Gas Inc.

8.10 Kraken Operating, LLC

8.11 Ovintiv Inc

8.12 EOG Resources

8.13 Nine Point Energy LLC

For more information about this report visit https://www.researchandmarkets.com/r/u8d8s0


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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  • Ford Motor Company and Redwood Materials, a leading battery materials company, are collaborating to make electric vehicles more sustainable and affordable for Americans by localizing the complex supply chain network, creating recycling options for end-of-life vehicles, ramping lithium-ion recycling and increasing U.S. battery production
  • Closing the loop ensures valuable materials that are used in battery production are recycled to be used again to drive down costs and reduce reliance on imports and mining of raw materials
  • Creating a U.S. circular supply chain is a major step toward making battery electric vehicles sustainable, accessible and affordable for more Americans
  • As part of Ford’s plan to invest more than $30 billion in electrification through 2025 and to further advance their joint business opportunities, Ford has invested $50 million in Redwood to help expand Redwood’s manufacturing footprint.

DEARBORN, Mich.--(BUSINESS WIRE)--Ford Motor Company and Redwood Materials today announced they are working together to build out battery recycling and a domestic battery supply chain for electric vehicles. Ford and Redwood’s goal is to make electric vehicles more sustainable, drive down the cost for batteries, and ultimately help make electric vehicles accessible and affordable for more Americans.


Ford and Redwood are collaborating to integrate battery recycling into Ford’s domestic battery strategy. Redwood’s recycling technology can recover, on average, more than 95% of the elements like nickel, cobalt, lithium and copper. These materials can be reused in a closed-loop with Redwood moving to produce anode copper foil and cathode active materials for future battery production. By using locally produced, recycled battery materials, Ford can drive down costs, increase battery materials supply and reduce its reliance on imports and mining of raw materials.

“Ford is making electric vehicles more accessible and affordable through products like the all-electric F-150 Lightning, Mustang Mach-E and E-Transit, and much more to come,” said Jim Farley, Ford president and CEO. “Our partnership with Redwood Materials will be critical to our plan to build electric vehicles at scale in America, at the lowest possible cost and with a zero-waste approach.”

Ford is investing more than $30 billion in electrification through 2025, including the collaboration between Ford and Redwood, which will help deliver on Ford’s plans to localize the battery supply chain.

This builds on Ford’s previously announced plans to scale battery production through multiple BlueOvalSK battery plants in North America starting mid-decade. By building out a domestic, sustainable supply chain with recycled materials, Ford can drive down battery costs and help protect the environment. BlueOvalSK is the U.S. joint venture that Ford and SK Innovation intend to form, subject to definitive agreements, regulatory approvals, and other conditions.

Last week, Redwood announced it will produce strategic battery materials, supplying anode copper foil and cathode active materials to U.S. partners. Redwood plans to transform the lithium-ion battery supply chain by offering large-scale sources of these domestic materials to reduce the cost and environmental footprint of electric vehicle production. The local supply of these two materials is a key part of Ford’s commitment to reduce the environmental impact of battery manufacturing and continue to ramp up electric vehicle production in the U.S.

“We are designing our battery supply chain to create a fully closed-loop lifecycle to drive down the cost of electric vehicles via a reliable U.S. materials supply chain,” said Lisa Drake, Ford’s North America chief operating officer. “This approach will help ensure valuable materials in end-of-life products re-enter the supply chain and do not wind up in landfills, reducing our reliance on the existing commodities supply chain that will be quickly overwhelmed by industry demand.”

Redwood Materials, founded by JB Straubel and based in northern Nevada, is creating a circular supply chain for batteries and helping partners across the electric vehicle and clean energy industries by providing pathways, processes, and technologies to recycle and remanufacture lithium-ion batteries.

“Increasing our nation’s production of batteries and their materials through domestic recycling can serve as a key enabler to improve the environmental footprint of U.S. manufacturing of lithium-ion batteries, decrease cost and, in turn, drive up domestic adoption of electric vehicles,” said Straubel, Redwood Materials CEO. “Redwood and Ford share an understanding that to truly make electric vehicles sustainable and affordable, we need to localize the existing complex and expensive supply chain network, create pathways for end-of-life vehicles, ramp lithium-ion recycling and increase battery production, all here in America.”

Longer-term, Ford and Redwood plan to work together on the best approach to collect and disassemble end-of-life batteries from Ford’s electric vehicles for recycling and remanufacturing to help reduce the cost associated with battery repairs and raw materials to manufacture all-new batteries.

“Our work with Redwood will, by design, help ensure the infrastructure is in place to cost-effectively recycle end-of-life Ford batteries to create a robust domestic materials stream and drive down the cost of electric vehicles,” Drake said.

Ford to support Redwood Materials expansion

To further advance these business opportunities between the companies, Ford invested $50 million into Redwood Materials to help the company expand its footprint in the U.S.

About Ford Motor Company

Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with customers to enrich experiences for and deepen the loyalty of those customers. Ford designs, manufactures, markets and services a full line of connected, increasingly electrified passenger and commercial vehicles: Ford trucks, utility vehicles, vans and cars, and Lincoln luxury vehicles. The company is pursuing leadership positions in electrification, connected vehicle services and mobility solutions, including self-driving technology, and provides financial services through Ford Motor Credit Company. Ford employs about 182,000 people worldwide. More information about the company, its products and Ford Motor Credit Company is available at corporate.ford.com.

About Redwood Materials

Redwood Materials is inventing sustainable materials to build the world by creating circular supply chains, turning waste into profit and solving the environmental impacts of new products before they happen. Founded by JB Straubel, the Nevada-based company is working to transform the lithium-ion battery supply chain by offering large-scale sources of domestic anode and cathode materials produced from recycled batteries, creating a fully-closed loop that will drive down the costs and environmental footprint of electric vehicles. More information available at redwoodmaterials.com.

For news releases, related materials and high-resolution photos and video, visit www.media.ford.com.


Contacts

Ford Motor Company
Martin Gunsberg
313.316.5319
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Redwood Materials
Alexis Georgeson
415.686.1512
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SINGAPORE--(BUSINESS WIRE)--#AsiaPacific--UPC Hydrogen Pte Ltd ("UPC Hydrogen") is pleased to announce that it has acquired the exclusive license to produce hydrogen from technology developed by Proton Technologies Inc. (“Proton”) for a selection of countries in the Asia Pacific region. UPC Hydrogen is an affiliate of Renewables Asia Pacific Holdings Pte Ltd ("UPC Renewables"), a private company with 8 GW of wind, solar and storage in development, under construction or in operation across the Asia Pacific region.



The licenced countries include Indonesia, Vietnam, Australia, Malaysia, the Philippines, Mongolia and Myanmar. UPC Hydrogen believes that the Proton technology can produce hydrogen in these countries at a price of less than US$1.00/KG from new, plugged, abandoned or uneconomic oil wells (especially heavy oil wells) whilst keeping any carbon from being emitted from the wells. The technology could provide low cost carbon free power in areas that are less rich in natural renewable sources than most countries and that have severe shortage of suitable land due to competing uses.

Steven Zwaan, Director of UPC Hydrogen said “When we first visited Proton’s production site in Canada in early 2020, our pre-covid view was excitement about both the potential to load balance renewable-weighted grids with baseload hydrogen, but also the longer-term prospect of an electricity cost potentially lower than wind and solar. Now the world is very attuned to the benefits of saving money while deeply decarbonizing using hydrogen without emitting carbon to surface. There is no need for fresh water for this process and the ecological disturbance is limited to existing infrastructure.”

Grant Strem, Chairman & CEO of Proton added "UPC Hydrogen has been an early and critical supporter in the advancement of this transformative technology. We are delighted to work with UPC Hydrogen and assist as they and we both proliferate this important extremely clean technology."


Contacts

For Media:
Proton’s Chair & CEO Grant Strem, COO Seta Afshordi, and Head of Commercial Calvin Johnson are available for interviews. Bookings can be made through
Julie Goulder This email address is being protected from spambots. You need JavaScript enabled to view it.
+1 403 467 1220

NEW YORK--(BUSINESS WIRE)--Standard Industries Holdings Inc., a privately held global industrial company, today announced the completion of its acquisition of W. R. Grace & Co. (“Grace”) for $70.00 per share in cash.


“We are thrilled to welcome Grace to the Standard Industries family,” said David Millstone and David Winter, Co-CEOs of Standard Industries. “We look forward to working with the talented team at Grace to advance our commitment to sustainable modern industrialism, as well as to fuel innovation and continued success for Grace’s customers, employees and the communities in which the company operates.”

Hudson La Force, Grace’s President and Chief Executive Officer, said, “Today marks an exciting new chapter for Grace. As part of Standard Industries, Grace will be even better positioned to provide innovative and sustainable technologies to create value for our customers. We’re very pleased to have successfully completed this transaction and delivered significant value to our shareholders.”

As Standard Industries announced on August 31, 2021, La Force will continue as CEO until the end of the year when he will join Standard’s advisory board. Bhavesh V. (Bob) Patel, who currently serves as CEO of LyondellBasell, will succeed La Force as CEO of Grace in January 2022.

The transaction was announced on April 26, 2021, and received approval from Grace shareholders on September 17, 2021. As a result of the transaction completion, Grace is now a privately held company that will operate as a standalone company within Standard Industries, which also includes the industry-leading businesses GAF, BMI, GAF Energy, Siplast, Schiedel, and SGI. Grace’s common stock has ceased trading on the New York Stock Exchange as of market close on September 21, 2021.

Advisors:

Citi and J.P. Morgan served as financial advisors and Sullivan & Cromwell LLP served as legal counsel to Standard Industries Holdings.

Goldman Sachs & Co. LLC and Moelis & Company LLC served as financial advisors and Wachtell, Lipton, Rosen & Katz served as legal counsel to Grace.

About Standard Industries:

Standard Industries is a privately-held global industrial company operating in over 80 countries with over 20,000 employees. The Standard ecosystem spans a broad array of holdings, technologies and investments—including both public and private companies from early to late-stage—as well as world-class building solutions, performance materials and next-generation solar technology. Throughout its 140-year history, Standard has leveraged its deep industry expertise and vision to create outsize value across its businesses, which today include operating companies GAF, BMI, Grace, GAF Energy, Siplast, Schiedel and SGI, as well as related businesses 40 North, a multi-billion-dollar investment platform, 40 North Ventures and Winter Properties. Learn more at standardindustries.com.

About Grace

Built on talent, technology, and trust, Grace is a leading global supplier of catalysts and engineered materials. The company’s two industry-leading business segments—Catalysts Technologies and Materials Technologies—provide innovative products, technologies, and services that enhance the products and processes of our customers around the world. With approximately 4,300 employees, Grace operates and/or sells to customers in over 60 countries. More information about Grace is available at grace.com.


Contacts

Patrick Ryan
Edelman
610-306-7536
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Josh Hochberg
Edelman
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Beth Kseniak
Head of External Communications
917-509-7031
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  • Increases Vertical’s eVTOL pre-order book to a total of up to 1350 aircraft
  • Accelerates entry opportunities to Japanese market
  • Expands Vertical’s global partnership network

BRISTOL, England--(BUSINESS WIRE)--Vertical Aerospace (“Vertical”), a leading British eVTOL manufacturer which is pioneering the transition to carbon free aviation, today announced that Vertical and Marubeni Corporation (“Marubeni”), a leading Japanese integrated trading and investment business conglomerate have reached an agreement to explore sustainable, emissions free Advanced Aerial Mobility (AAM) travel solutions, focused on the application of Vertical’s flagship electric aircraft, the VA-X4, in the Japanese market. Marubeni has also agreed a conditional pre-order option of up to 200 of Vertical’s aircraft.



This important partnership builds on existing commercial partnerships between Vertical and American Airlines, Virgin Atlantic, Avolon, Iberojet and Bristow who with Marubeni have already collectively agreed conditional pre-orders for 1350 aircraft in total with a value of approximately $5.4bn.

Vertical and Marubeni will now begin jointly evaluating the requirements for eVTOL aircraft operations in Japan as well as other commercial considerations such as route and network planning, infrastructure requirements and capacity, plus engaging other interested parties who can play a role in launching AAM in Japan.

By working with such an established and respected Japanese organisation, Vertical expects to accelerate its ability to enter the Japanese market and offer Japanese consumers a safer, faster, cheaper and greener alternative to current short haul options in the country.

With its technological and regulatory advantages, such as its capacity to operate high frequency eVTOL traffic in a safe environment, Japan has great potential when it comes to the commercialization of the AAM market. Marubeni believes that eVTOLs have a number of use cases in Japan, such as inter-city, intra-city, airport shuttle and life support operations, that will benefit both customers and communities. Marubeni is expecting eVTOL operations to commence in 2025 and will utilize its existing aviation capabilities to maximize the quality of personal transportation.

Vertical is now working with partners in key locations around the world to establish AAM operations in markets where there is expected high demand for eVTOL operations. In the USA, American Airlines plans to work with Vertical on passenger operations and infrastructure development. In the United Kingdom, Virgin Atlantic and Vertical plan to work together to explore the joint venture launch of a Virgin Atlantic branded short haul eVTOL network, including operations and infrastructure development.

The VA-X4, Vertical’s flagship aircraft, is expected to be certified to the same standards as commercial airliners and is expected to be significantly safer and quieter than a helicopter. By combining its world-class team with a deliberately built ecosystem of top-tier partners, such as Microsoft, American Airlines, Avolon, Honeywell, Rolls-Royce, and more, Vertical has assembled a broad mix of people and world class organisations with both commercial track records as well as experience testing, building and certifying some of the world’s most advanced aircraft.

Stephen Fitzpatrick, Founder and CEO of Vertical said:

Marubeni is one of the most respected companies in Japan, and we are proud to be partnering with them as we look at ways to bring our VA-X4 to the Japanese market. Marubeni’s pre-order option for up to 200 aircraft provides us with a potential direct route to market and builds on our purchase agreements with American Airlines, Virgin Atlantic, Avolon, Iberojet and Bristow. This is the most exciting time in aviation for almost a century; electrification will transform flying in the 21st century in the same way the jet engine did 70 years ago and with Marubeni we are confident we have a great partner who can be a part of this transformation.”

Toru Okazaki, Senior Operating Officer, Aerospace & Ship Div at Marubeni said:

We’re so excited to announce this great partnership with Vertical Aerospace, who is now leading the Advanced Aerial Mobility market. Through this strong partnership with Vertical, we are confident that we will successfully develop the AAM market in Japan. By seeking to popularise eVTOL technology, we will not only be enriching people’s lives but making meaningful inroads into the reduction of greenhouse gases and our path to net-zero.”

About Vertical Aerospace

Vertical Aerospace is pioneering electric aviation. The company was founded in 2016 by Stephen Fitzpatrick, an established entrepreneur best known as the founder of the Ovo Group, a leading energy group and Europe’s largest independent energy retailer. Over the past five years, Vertical has focused on building the most experienced and senior team in the eVTOL industry, who have over 1,200 combined years of experience, and have certified and supported over 30 different civil and military aircraft and propulsion systems.

Vertical’s unrivalled top-tier partner ecosystem is expected to de-risk operational execution and its pathway to certification, allow for a lean cost structure and enable production at scale. Vertical has received conditional pre-orders for a total of up to 1,350 aircraft from American Airlines, Avolon, Bristow and Iberojet, which includes pre-order options from Virgin Atlantic and Marubeni, and in doing so, is creating multiple potential near term and actionable routes to market. In June 2021, Vertical Aerospace announced a SPAC merger with Broadstone Acquisition Corp (NYSE: BSN).

About VA-X4 eVTOL Aircraft

The four passenger, one pilot VA-X4 is projected to have speeds up to 200mph, a range over 100 miles, near silent when in flight, zero operating emissions and low cost per passenger mile. The VA-X4 is expected to open up advanced air mobility to a whole new range of passengers and transform how we travel. Find out more: www.vertical-aerospace.com

About Broadstone Acquisition Corp.

Broadstone Acquisition Corp. (NYSE: BSN) was set up by serial entrepreneurs, operators and investors, Hugh Osmond, Edward Hawkes and Marc Jonas. It was established to combine with a UK/European business with a strong management team, significant growth prospects, and the opportunity to become a market leader in its sector. Broadstone’s executive team has an extensive track record in value creation. The combination of a strong internal team, a network of external resources and the experience of the management team enables us to support rapid, substantial, and lasting growth.

About Marubeni

Marubeni Corporation and its consolidated subsidiaries use their broad business networks, both within Japan and overseas, to conduct importing and exporting (including third country trading), as well as domestic business, encompassing a diverse range of business activities across wide-ranging fields including lifestyle, ICT & real estate business, forest products, food, agri business, chemicals, energy, metals & mineral resources, power business, infrastructure project, aerospace & ship, finance & leasing business, construction, industrial machinery & mobility, and next generation business development. Additionally, the Marubeni Group offers a variety of services, makes internal and external investments, and is involved in resource development throughout all of the above industries.


Contacts

Vertical Aerospace - Nepean
Gavin Davis - This email address is being protected from spambots. You need JavaScript enabled to view it.

Samuel Emden - This email address is being protected from spambots. You need JavaScript enabled to view it. / +447816 459 904

Broadstone - Edelman
Iain Dey - This email address is being protected from spambots. You need JavaScript enabled to view it. / +44 7976 295906

Targeting Internet of Things Sensing Networks, NevadaNano will show the Mini Flammable in booth #733 at Sensors Converge this week, September 21 through 23.

RENO, Nev.--(BUSINESS WIRE)--#MPS--NevadaNano, the world’s leading gas detection sensor technology innovator, today announced the “MPS™ Mini” a miniaturized version of the highly popular Molecular Property Spectrometer™ (MPS™) Flammable Gas Sensor. The new sensor is the world’s most accurate hydrocarbon sensor in its class and eliminates the need for maintenance during its 10+year lifetime. The sensor will debut this week at Sensors Converge in Booth #733.


“We have extended our market-leading reliability, accuracy, and lifetime with enhanced algorithms which extends our market-leading position of detecting 19 of the most common combustible gases found in residential, commercial, and other general use environments,” said Ralph Whitten, President, and Member of the Board of Directors, at NevadaNano. “This new product in a lower cost package specifically targets IoT and high volume applications. This enables our customers to set new standards in connected gas sensors and helps companies create safer working environments in industrial, commercial and consumer applications.”

The newest addition to NevadaNano’s MPS product family, the MPS Mini Flammable gas sensor measures the thermodynamic properties of the air-gas mix and accurately reports 0-100% LEL across 19 flammable gases without the need for field calibration. This performance meets the need for flexible sensor platforms in a wide range of non-industrial applications and makes it ideal for residential and commercial applications like smart meters and IoT devices. In essence, the Mini Flammable creates safer environments for people and their surrounding communities.

Integrated, real-time measurements and built-in compensation for temperature, pressure, and humidity enhance the accuracy of all NevadaNano’s MPS flammable gas sensors. Gas concentration readings are accurate across the entire environmental range, including rapid environmental transients, delivering best-in-class accuracy. The Mini Flammable, like all MPS sensors, is inherently immune to drift, decay, or poison.

For more information, contact NevadaNano at This email address is being protected from spambots. You need JavaScript enabled to view it..

About NevadaNano

NevadaNano's programmable, multi-gas detection technology is the first new approach to flammable gas detection in over 40 years. The MPS technology was developed with DARPA, the DOD, and the Department of Homeland Security for the most challenging gas detection applications and is the winner of the coveted R&D100 award and the Tech Connect National Innovation award. The sensors utilize 26 patented inventions to tackle the toughest chemical analysis tasks. For information, visit NevadaNano.com or connect on LinkedIn.

For more information, contact NevadaNano at This email address is being protected from spambots. You need JavaScript enabled to view it. or connect on LinkedIn.


Contacts

Phyllis Grabot, 805.341.7269, This email address is being protected from spambots. You need JavaScript enabled to view it.
Bonnie Quintanilla, 818.681.5777, This email address is being protected from spambots. You need JavaScript enabled to view it.

DUBLIN--(BUSINESS WIRE)--The "Global Digital Oilfield Market 2021-2025" report has been added to ResearchAndMarkets.com's offering.


The digital oilfield market is poised to grow by $5.00 bn during 2021-2025, progressing at a CAGR of over 3%

The market is driven by rise in rig count, drilling activities in remote areas, and increasing complexities of refineries

The report on the digital oilfield market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The digital oilfield market analysis includes the technology segment and geographic landscape.

This study identifies the increasing applications of digital oilfields as one of the prime reasons driving the digital oilfield market growth during the next few years. Also, the advent of big data analytics and 4D seismic survey technology will lead to sizable demand in the market.

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading digital oilfield market vendors that include ABB Ltd., Emerson Electric Co., General Electric Co., Halliburton Co., Honeywell International Inc., Rockwell Automation Inc., Schlumberger Ltd., Schneider Electric SE, Siemens AG, and Weatherford International Plc.

Also, the digital oilfield market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Key Topics Covered:

Executive Summary

  • Market overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

  • Five forces analysis 2020 & 2025
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Technology

  • Market segments
  • Comparison by Technology
  • Software - Market size and forecast 2020-2025
  • Services - Market size and forecast 2020-2025
  • Hardware - Market size and forecast 2020-2025
  • Market opportunity by Technology

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • MEA - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • APAC - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity By Geographical Landscape
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • ABB Ltd.
  • Emerson Electric Co.
  • General Electric Co.
  • Halliburton Co.
  • Honeywell International Inc.
  • Rockwell Automation Inc.
  • Schlumberger Ltd.
  • Schneider Electric SE
  • Siemens AG
  • Weatherford International Plc

Appendix

For more information about this report visit https://www.researchandmarkets.com/r/s61bkk


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

  • Siemens Energy’s well established STATCOM technology (SVC PLUS®) has a proven track record in challenging environments like that posed by California’s climate with high seismicity and wind speed
  • Dynamic reactive power support for substations allows for fast responding voltage support in case of system events and transmission outages.

ORLANDO, Fla.--(BUSINESS WIRE)--Siemens Energy announced today that it will provide four static synchronous compensator (STATCOM) installations for LS Power Grid California, LLC (LS Power) substation projects in California. A STATCOM is a quick-reacting system capable of providing or absorbing reactive power to regulate the voltage at the point of connection to a power grid. This voltage regulation will be key to ensuring the reliability of the power grid as renewable energy sources are brought online, enabling further decarbonization of California’s energy mix.


With the retirement of Pacific Gas and Electric Co.’s (PG&E) Diablo Canyon nuclear power plant in 2025, it is expected that there will be greater sensitivity to voltage instability, especially as PG&E integrates more renewable generation onto the grid. Two of the STATCOM systems are to be installed at LS Power’s Orchard substation connecting to the existing PG&E Gates 500 kilovolt (kV) substation in Fresno County to provide 848 megavolt-ampere (MVAr) of dynamic reactive power support. Under the light-load conditions, this support is anticipated to mitigate high voltages during extreme contingencies on the Bulk Power System.

The other two STATCOMs will be installed at LS Power’s new Fern Road substation connecting the Round Mountain to Table Mountain 500 kV transmission lines. The purpose of these systems will be for voltage control and voltage support in case of system events and transmission outages.

“We are proud to partner with LS Power on this project,” said Matt Neal, vice president of Transmission Solutions for Siemens Energy. “LS Power has a forward-looking strategy to help ensure grid stability as more and more renewable power sources are part of the generation mix. When it comes to decarbonizing our energy systems, this will be one of the most important flexible AC transmission projects in the U.S., both in terms of the power and voltage rating, as well as the challenging location from a seismic perspective. We’re proud to support California’s efforts to incorporate more renewable energy sources into the power generation mix in a way that is not only efficient, but reliable in all weather conditions.”

PG&E will replace the Diablo Canyon plant exclusively with energy sources that don’t emit CO2. The company has also promised to source 55% of its total electricity from the sun, wind, and other renewable energy sources by 2031.

This press release is available at www.siemens‑energy.com/press

Follow us on Twitter at: www.twitter.com/siemens_energy

Siemens Energy is one of the world’s leading energy technology companies. The company works with its customers and partners on energy systems for the future, thus supporting the transition to a more sustainable world. With its portfolio of products, solutions and services, Siemens Energy covers almost the entire energy value chain – from power generation and transmission to storage. The portfolio includes conventional and renewable energy technology, such as gas and steam turbines, hybrid power plants operated with hydrogen, and power generators and transformers. More than 50 percent of the portfolio has already been decarbonized. A majority stake in the listed company Siemens Gamesa Renewable Energy (SGRE) makes Siemens Energy a global market leader for renewable energies. An estimated one-sixth of the electricity generated worldwide is based on technologies from Siemens Energy. Siemens Energy employs more than 90,000 people worldwide in more than 90 countries and generated revenue of around €27.5 billion in fiscal year 2020. www.siemens-energy.com.


Contacts

Stacia Licona
Phone: +1 281-721-3402
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (the “Partnership”) (NYSE: KNOP) announced today that the Partnership will host a virtual Investor Day on Wednesday, October 6, 2021, starting at 10:00 am EST.

During the event, which will be webcast live, the Partnership and its sponsor, Knutsen NYK Offshore Tankers AS, alongside leading third-party experts will provide an overview of the shuttle tanker business, give an update on the shuttle tanker market, and outline the supportive fundamentals that continue to underpin the Partnership’s leading market position and future growth expectations. This will be followed by a Q&A session.

In order to access the live video webcast, or to view an archived replay, please Pre-Register Here or visit the Investor Relations section of the Partnership’s website, http://www.knotoffshorepartners.com/. Please allow extra time prior to the call to visit the site and download any necessary software that may be needed to access the Internet broadcast.

About KNOT Offshore Partners LP

KNOT Offshore Partners LP owns, operates and acquires shuttle tankers under long-term charters in the offshore oil production regions of the North Sea and Brazil. KNOT Offshore Partners LP is structured as a publicly traded master limited partnership. KNOT Offshore Partners LP’s common units trade on the New York Stock Exchange under the symbol “KNOP”.


Contacts

KNOT Offshore Partners LP
Gary Chapman
Chief Executive Officer and Chief Financial Officer
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Tel: +44 1224 618 420

Independent Research Firm uncovers that significant events would need to happen for organizations to elevate the importance of third-party cyber risk mitigation strategies

DENVER--(BUSINESS WIRE)--CyberGRX, provider of the world’s first and largest global risk exchange, today announced the results of their commissioned study on how organizations prioritize third-party risk. Conducted by Forrester Consulting, the research comprises surveys from 319 respondents in IT, security, and risk roles covering technology, retail, oil and gas, healthcare, financial services, and other highly regulated industries. The study highlights that while organizations recognize third-party threats expose them to great risk, many organizations fail to take adequate measures to mitigate it. In fact, while they grapple with third-party cyber risk management (TPCRM), the weak points in their current mitigation strategies exacerbate the threat of cyber incidents.


The Forrester study, Why Isn’t Your Organization Prioritizing Third-Party Risk?, identifies four major themes:

  1. Today’s organizations constantly exchange confidential information with third parties. This exposes both sides to significant cyber risk. These information supply lines enabled by cloud and software-as-a-service (SaaS) adoptions are expected to grow in importance for many enterprises. The percentage of data shared with third parties will ramp up over the next five years (from 30%-41% by 2026).

  2. Current third-party risk prevention strategies leave organizations vulnerable. Businesses struggle to manage the risk that their third parties present because of a lack of prioritization and a matter of approach. Ninety-five percent of respondents said their organizations experienced a strategy- or technology-based challenge in managing third-party risk. Without proper oversight, companies become vulnerable to cybersecurity threats, including data loss and ransomware.

  3. Organizations stung by third-party cyber incidents tend to ignore safe risk management practices. Organizations that have experienced a third-party cyber incident express a higher level of concern about managing such risks. However, organizations that have experienced an incident also tend to share a higher percentage of their critical data (30%) than firms that haven’t been hit (22%). And firms that have experienced an incident are less likely to have tools in place to mitigate third-party cyber risks.

  4. Mitigating third-party risk requires a different approach to strategy and technology. Organizations need to approach third-party risk with a new holistic, ecosystem-focused, and cybersecurity-focused strategic mindset. This includes updated third-party assessment analysis, standardized processes, and higher-quality technology solutions.

“Organizations that fail to take thoughtful steps to monitor, defend, and prepare for third-party cyber incidents have undermined their entire cybersecurity posture,” said Dave Stapleton, CISO, of CyberGRX. “As the Forrester study highlights, many organizations recognize the hazards posed by third parties; however, their actions do not reflect effective mitigation. Lacking a defined TPCRM strategy creates the opportunity for a breach, even if internal risk management strategies are otherwise solid and effective.”

To improve third-party cyber risk practices, organizations must consider vendors as an extension of their own brand, and set a strict baseline and expectations for their cyber maturity. Companies should leverage data and automation to ensure that their entire supply chain will meet the outlined cyber requirements. Additionally, it is imperative to continuously monitor the changing cyber risk of vendors. As new attack vectors are unleashed, a vendor’s security posture can be rapidly altered. Finally, constant communication regarding cyber posture and compliance among all parties involved is critical and security training for employees and stakeholders should be mandatory.

CyberGRX’s Chief Information Security Officer, Dave Stapleton, and guest speaker, Forrester principal analyst Renee Murphy will present key findings and recommendations from the research during a webinar on Tuesday, October 12 at 2:00 pm EDT. To learn more:

Register for the webinar
Download the full report

About CyberGRX

CyberGRX is on a mission to modernize third-party cyber risk management. Built on the market’s first and largest third-party cyber risk exchange, CyberGRX's dynamic and scalable approach is innovating TPCRM for enterprises and third parties. Armed with fast and accurate data and a proven and innovative approach, CyberGRX customers make rapid, informed decisions and confidently engage with partners. Based in Denver, CO, CyberGRX was designed with partners including Aetna, Blackstone and MassMutual.


Contacts

Media Contacts
Dan Warren
LaunchTech Communications
443-977-9638
This email address is being protected from spambots. You need JavaScript enabled to view it.

KENNESAW, Ga.--(BUSINESS WIRE)--The Florida Board of Education announced the post-secondary school Career and Professional Education (CAPE) funding list for the 2021/2022 academic year this August. That list now includes Yamaha Marine University’s Maintenance Certifications, a first among marine outboard manufacturers and a strong incentive for technical schools to offer Yamaha outboard training courses to students.



“Yamaha remains focused on developing qualified, workforce-ready marine technicians to help dealerships build profitable, efficient service departments. A key component of this effort is training and education,” said Gregg Snyder, Marine Training Department Manager, Yamaha U.S. Marine Business Unit. “The inclusion of Yamaha Maintenance Certifications on the CAPE funding list further encourages post-secondary schools in the state of Florida to incorporate marine technician education into their curriculum. Aspiring technicians who complete and pass exams to earn four separate Yamaha Marine Maintenance Certifications will enter the marine industry workforce with the skills and confidence they need to build successful careers. Making this list is a win for students, Yamaha Technical School Partners and Yamaha dealers.”

Florida’s CAPE program fosters a statewide planning partnership between business and education communities to attract, expand and retain targeted, high-value industry for the state. The post-secondary education funding incentivizes schools to offer curriculum that can result in industry-recognized certifications students can earn to secure high-wage, high-demand careers. Once registered students earn a recognized certification, the school receives a performance award from the state to put toward the further development of workforce-ready courses.

The recognition of Yamaha Maintenance Certifications on the CAPE funding list is particularly beneficial for Yamaha Technical School Partners (TSPs) in Florida. Current and aspiring marine technicians can earn four distinct Yamaha Maintenance Certifications: Portable, Midrange, Inline (4 cylinder) and V-engine. TSPs can choose which modules to offer based on the needs of the market in their area. Many Yamaha Technical School Partners use the Maintenance Certification Program in their curriculum to build student proficiency in conducting 20-, 100-, 300-, 500- and 1,000-hour service procedures. Yamaha recommends technicians complete Introduction to Outboard Systems (ITOS) before they complete Yamaha Marine Maintenance Certification exams. Yamaha TSPs throughout Florida currently offer the ITOS curriculum.

“Yamaha continues to implement in-demand, career-enhancing certifications and curriculum for the marine industry to help aspiring technicians prepare for and realize success,” said Jack Seubert, Dean of Marine Science and Technology, The College of the Florida Keys (CFK). “Savvy dealers are more likely to actively recruit marine technicians with recognized certifications, such as the four Yamaha Maintenance Certifications that CFK currently offers.

“In an indirect way, the inclusion of Yamaha certifications on the CAPE list is also a great way for our institution to recruit,” he continued. “When prospective students see we offer the marine courses that include training to prepare students to earn these certifications, and that the technicians who earn them are in high demand for top-paying jobs, they are more likely to enroll. Couple that with the state funding the school can earn from each recorded certification and you’ve got a win-win situation.”

The Yamaha service and government relations teams worked together in the effort to gain CAPE funding list placement. To meet the Florida Board of Education qualifications, Yamaha worked with TSPs in Florida to recognize Marine Engine Repair as a formal state occupation.

“The path to CAPE funding presented an excellent learning experience for Yamaha,” said Martin Peters, Division Manager, Government Relations, Yamaha U.S. Marine Business Unit. “The approval of Yamaha Maintenance Certification on this list represents the hard work of two departments working toward the same goal of increasing qualified technicians in the workforce. It’s an achievement we hope to duplicate with similar programs in other states.”

For more information about Yamaha Maintenance Certifications or to locate exam locations and times, please visit ymucertifications.com. To learn more about Technical School Partnerships or training programs offered through Yamaha Marine University, please call (800)-854-4876 opt. 3 or email This email address is being protected from spambots. You need JavaScript enabled to view it..

The 2021/2022 Florida CAPE funding list is available here: https://www.fldoe.org/academics/career-adult-edu/cape-postsecondary/cape-post-industry-cert-funding-list-current.stml.

Yamaha Marine products are marketed throughout the United States and around the world. Yamaha Marine U.S. Business Unit, based in Kennesaw, Ga., supports its 2,400 U.S. dealers and boat builders with marketing, training and parts for Yamaha’s full line of products and strives to be the industry leader in reliability, technology and customer service. Yamaha Marine is the only outboard brand to have earned NMMA®’s C.S.I. Customer Satisfaction Index award every year since its inception.

REMEMBER to always observe all applicable boating laws. Never drink and drive. Dress properly with a USCG-approved personal floatation device and protective gear. Messaging and data rates may apply.

® 2021 Yamaha Motor Corporation, U.S.A. All rights reserved.

This document contains many of Yamaha’s valuable trademarks. It may also contain trademarks belonging to other companies. Any references to other companies or their products are for identification purposes only and are not intended to be an endorsement.


Contacts

Brad Massey
Communications Manager
Yamaha Marine Engine Systems
Office: (770) 701-3294
Mobile: (470) 277-9024
This email address is being protected from spambots. You need JavaScript enabled to view it.

Neal Wheaton
Wilder+Wheaton for
Yamaha Marine Engine Systems
Mobile: (404) 317-0698
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Key figures analyze Arctic’s global strategic value, multibillion dollar investment potential



NEW YORK--(BUSINESS WIRE)--#AI--The real assets news site Investable Universe announces the launch of Polar Futures, a media series that examines the eight-nation Arctic region’s growing geopolitical importance and its potential for attracting hundreds of billions of dollars in direct investment to develop the region and its bounty of natural resources.

Institutional investors, pension funds and other investors are eyeing the potential of developing infrastructure, shipping, logistics, telecommunications, mining, aquaculture and marine resources and of incubating technologies that aid the transition to renewable energy.

Additionally, new trans-Arctic shipping lanes made more accessible by climate change will focus competing political and military interests on the polar zone.

Nuanced insights from pivotal figures

Against this fluid strategic backdrop, the weekly newsletter and podcast series, curated by editor-in-chief Rebecca Engmann Darst, will feature interviews with pivotal figures in the Arctic discourse, including:

  • Greenlandic Minister of Foreign Affairs, Trade, Business and Climate Pele Broberg, on Greenland’s political atmosphere and the new government’s priorities for independence, social welfare and environmental protection
  • Ambassador Einar Gunnarsson, who was Chair of the Senior Arctic Officials during Iceland’s chairmanship of the Arctic Council from 2019 to 2021, on Iceland’s role on the council and its recent transition of leadership to Russia
  • Leslie Canavera, CEO of PolArctic LLC, an Alaska Native-owned small business, and Chair of the Arctic Economic Council Blue Economy Working Group, on the challenges and opportunities for AI models to support Arctic business and environmental sustainability
  • Mac McHale, CRO of Alaskan telecommunications developer Quintillion and a 30-year veteran of broadband development, on the obstacles and potential of the U.S. Arctic telecom infrastructure buildout and how the region offers a test case not only for rugged Earth environments but also for space
  • Anne Kirstine Hermann, a Danish journalist and the author of the new book Imperiets Børn (Children of the Empire), on the legacy of Denmark’s compulsory integration of Greenland in the 1950s, the role of the United Nations and how these complex historical and cultural relationships might affect current and future Arctic development.

The series also will include insights about the roles of Canada, Finland, Norway, Russia and Sweden in the rapidly evolving Arctic zone.

Subscribers will gain exclusive access to nuanced transnational views of the polar investment and geopolitical landscape through a weekly newsletter and podcast interviews with guests from across the diplomatic, media and entrepreneurial spectrum.

Will globalization and climate change spur great-power rivalry in the Arctic?

Noting that research from the Council on Foreign Relations examined the Arctic as a potential site for “the return of great-power rivalry”[1] amid the challenges of globalization and climate change, Darst believes that the Arctic North will be the nexus of a number of conflicts and opportunities in the twenty-first century.

“The polar region’s strategic value is hard to overstate. It holds vast natural and mineral resources and is developing new and high-tech industries in parallel to those riches. Yet in the region, there’s also an intricate tapestry of historical and cultural factors that are rarely discussed on a global level. We will delve unflinchingly into all of them in the newsletter and podcast,” says Darst.

Subscribe to the Polar Futures newsletter and podcast bundle at www.investableuniverse.com/polarfutures.

About Investable Universe

Trofast Media’s Investable Universe provides leading edge insights into investment in real assets, the global “market of things” that spans traditional investments and emerging technologies on earth and in space.

Learn more at InvestableUniverse.com.

[1] https://www.cfr.org/in-brief/whats-stake-rising-competition-arctic


Contacts

Rebecca Darst, Editor
+1 203 614.9027
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HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes (NYSE: BKR) will hold a webcast on Wednesday, October 20, 2021 to discuss the results for the third quarter ending September 30, 2021. The webcast is scheduled to begin at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). A press release announcing the results will be issued at 7:00 a.m. Eastern Time (6:00 a.m. Central Time).


To access the webcast, listeners should visit the Baker Hughes website at: investors.bakerhughes.com. An archived version will be available on the website following the webcast.

About Baker Hughes:

Baker Hughes (NYSE: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and with operations in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.


Contacts

Investor Relations
Jud Bailey
+1 281-809-9088
This email address is being protected from spambots. You need JavaScript enabled to view it.

Media Relations
Thomas Millas
+1 713-879-2862
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Company’s flagship product MeOH-To-Goconverts previously unusable products into easily transportable, profitable methanol

HOUSTON--(BUSINESS WIRE)--Modular Plant Solutions (MPS), a global engineering firm specializing in process modularization and project implementation, in Friendswood, Texas, outside of Houston, has introduced a unique approach to small-scale plant designs for the for the oil, petrochemical and process industries. Using this design approach, the company has developed a small-scale modular methanol plant, MeOH-To-Go™ (Methanol-To-Go™), which enables users to produce their own methanol output from associated, stranded, flared or pipeline gas.


Russell Hillenburg, president and co-founder of MPS, and David Townsend, co-founder and vice president of engineering for MPS, developed the idea for a modularized structural system for process plants after brainstorming solutions to more efficiently and economically use stranded and flared gases, which are often found in remote, hard-to-reach areas. Hillenburg, a Houston-area entrepreneur who is also CEO of Woven Metal Products, a premier fabrication facility that manufactures reactor and tower process internals, brought their idea to market by launching MPS in 2016. Drawing on Townsend’s experience in the industry, the co-founders first focused on producing methanol, a commodity that tracks the price of oil.

“We created a design that takes the guesswork out of planning and cost estimates and created something that is easily-transportable, constructable and operable,” said Hillenburg. “The way we approach modularization is about efficiency and standardization of components, opening up options for locations that were previously unattainable.”

MPS’s standard MeOH-To-Go™ plant has a three-stage process to convert natural gas to Grade AA methanol, which is a basic building block for the production of various chemical derivatives. Methanol has widespread applications for several industries — from plastics, automotive and paints to adhesives, construction and pharmaceuticals, as well as most recently being adopted as a clean-burning marine transportation fuel. The plant’s small-scale modularization not only helps customers save on upfront costs, but also ensures the plants are easy to transport, assemble and disassemble to move if needed — even in remote locations. In fact, MPS’s patent-pending design is based on the ISO 1496 container standard, so the modules can be shipped all over the world via container ship, rail and truck, and re-assembled in the field.

“Our design reduces on-site construction risks and makes capital cost more predictable. The economics are now comparable with world-scale plants,” said Townsend. “And since we build the modules to the ISO-container standard, we can use multi-modal shipping for a fraction of the transportation cost of standard modular construction.”

This year, West Virginia Methanol permitted three MeOH-To-Go™ plants, which will be designed to produce 900 metric tons per day of Grade AA methanol from natural gas. The project is expected to come online in 2024.

Currently, MPS has two other plants in the design phase: DME-To-Go™, an add-on option for MeOH-To-Go™ plants to produce Dimethyl Ether (DME), a clean burning alternative diesel fuel, as well as Gasoline-To-Go™, a small-scale modular plant to produce 88 Octane gasoline.

About Modular Plant Solutions

Modular Plant Solutions (MPS) is a global engineering firm specializing in process modularization and project implementation based in Friendswood, Texas, outside Houston. The company’s patent-pending modularized structural system is designed for customers seeking cost-effective, easily transportable, scalable solutions for plant design — that can be shipped and assembled anywhere in the world. The company’s flagship product, MeOH-To-Go™ (Methanol-To-Go™), enables users to produce their own methanol output from associated, stranded, flared or pipeline gas. MPS’s highly-skilled team has nearly 550 years of combined experience in construction, engineering, fabrication and operations, and brings hands-on experience to deliver best-in-class plant solutions. Find out more at https://modularplantsolutions.com and on LinkedIn.


Contacts

Heather Bennett
This email address is being protected from spambots. You need JavaScript enabled to view it.

JENBACH, Austria--(BUSINESS WIRE)--As part of its ongoing commitment to environmental stewardship, INNIO today announced the publication of its inaugural Sustainability Report, “Together for a Sustainable Future.” The theme of this report encompasses engagement of everyone -- with “together” being the key word indicating responsibility of all stakeholders in a journey to shape a sustainable future. The report highlights INNIO’s commitment to instituting a culture of transparency, providing progress updates and direction on INNIO’s global approach to sustainability covering its environmental, social, and governance (ESG) performance for 2020.



In continuing its sustainability journey, INNIO’s leadership and its Sustainability Review Board (SRB) laid out the company’s ESG goals and strategy which included the development and publication of its first Sustainability Report. The report details how INNIO is working responsibly to deliver communities, industry, and the public with access to sustainable, reliable, and economical power while creating and maintaining an innovative, diverse, inclusive, pleasant and safe working environment for its employees.

Further, as INNIO’s Jenbacher and Waukesha products, services and digital solutions help unlock the transition to a carbon neutral future, INNIO’s Sustainability Report provides its stakeholders with indicators on commitment and progress to reducing greenhouse emissions and initiatives around responsible resource management.

In his opening note to the Sustainability Report, INNIO president and CEO, Carlos Lange, laid out key priorities and accomplishments:

Sustainability Goals

“As we continue to implement our enterprise strategy for profitable growth, we are also underlining our commitment to climate challenges and sustainable growth. INNIO’s Sustainability Goals are related to safety, energy and emissions, water, waste, building efficiency, circular economy, jobsite efficiency and sustainability of our products, services and solutions.”

Uninterrupted Access to Products and Services

“Along with our distributors and suppliers, INNIO is working to help ensure uninterrupted access to the products and services that our global customers rely on to support society during these difficult times. The recent COVID-19 global pandemic presented new challenges around the world, and INNIO was designated by many governments as an ‘essential’ enterprise since our products, parts and services support key infrastructure in the supply of natural gas and electrical energy. Customers use our products to provide primary and standby power & heat to homes; essential facilities such as hospitals, utilities, or district heating plants; and other businesses that must continue to operate.”

Technology Leadership: Hydrogen

“In Hamburg, INNIO Jenbacher and HanseWerk Natur recently collaborated to commission the world’s first large-scale gas engine in the 1 MW range capable of running on a variety of hydrogen-natural gas mixtures or on 100% green hydrogen. It’s also the world’s first natural gas engine conversion to hydrogen in the field. Again, INNIO technology is ahead of the game, demonstrating the future-proof nature of the installed base, this time by offering the ability to convert to carbon free, 100% hydrogen capabilities.”

Digitalization

“Through digitalization, we can constantly improve our products’ design and construction in our advanced factories, flawlessly execute our services, and move beyond reactive to predictive data solutions. At our manufacturing plants, we have embraced digitalization and are continuously refining our operations, accelerating innovation and improving our customers’ experience.”

The Sustainability Report publication follows recent sustainability activities that include INNIO’s recognition by EcoVadis with a Silver business sustainability rating, and INNIO’s joining the United Nations Global Compact. Each of these efforts underscores INNIO’s holistic and structured approach to incorporating sustainability across the company, considering the environment, employee development, health and safety, diversity and inclusion, as well as corporate responsibility.

INNIO’s Sustainability Report was developed in collaboration with external ESG advisors and subject matter experts as well as internal directors from diverse backgrounds.

About INNIO

INNIO is a leading provider of renewable gas, natural gas, and hydrogen-rich solutions and services for power generation and gas compression at or near the point of use. With our Jenbacher and Waukesha gas engines, INNIO helps to provide communities, industry and the public access to sustainable, reliable and economical power ranging from 200 kW to 10 MW. We also provide life-cycle support and digital solutions to the more than 53,000 delivered gas engines globally, through our service network in more than 100 countries. We deliver innovative technology driven by decarbonization, decentralization, and digitalization to help lead the way to a greener future. Headquartered in Jenbach, Austria, the business also has primary operations in Welland, Ontario, Canada, and Waukesha, Wisconsin, U.S. For more information, visit the company's website at www.innio.com. Follow INNIO on Twitter and LinkedIn.

At INNIO, we recognize that the growth of global economies and the industrialization that has accompanied this growth are directly impacting the future of our planet. We agree with the goals of the Paris Agreement—to stop global warming and lower temperatures to pre-industrial era levels by 2050. That’s why we took important steps in 2020 to address INNIO’s sustainability strategy, diving into the material issues we identified as the touchpoints to our customers and stakeholders. Our society faces unprecedented economic, environmental, social, and cultural challenges, and we are convinced that sustainability is the key to transforming these challenges into opportunities. Our sustainability strategy recognizes INNIO’s social and environmental responsibility. We must act now on this responsibility.

INNIO’s Sustainability Report is a non-financial disclosure presented for calendar year 2020.


Contacts

For any questions related to the report please contact:
Susanne Reichelt
INNIO Media Relations
+43 664 80833 2382
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LITTLE ROCK, Ark. & HOUSTON--(BUSINESS WIRE)--Windstream, a privately held communications and software company, today announced a retail renewable energy agreement with ENGIE Resources, a subsidiary of ENGIE North America. The five-year contract extends through 2026 under which Windstream will purchase electricity and Renewable Energy Credits from ENGIE’s Live Oak wind project in Texas. This renewable energy purchase matches 100% of Windstream’s forecasted electricity consumption at more than 400 Texas locations.


The renewable energy in this agreement represents the environmental benefits of eliminating the greenhouse gas emissions from 3,505 cars per year, or the carbon sequestered by 19,744 acres of U.S. forest annually over the course of the agreement.*

"We are delighted that the Live Oak wind project will play a major part in Windstream's renewable energy solution,” said David Carroll, chief renewables officer at ENGIE North America. “As an operator of more than 3 GW of renewable energy across North America alongside leading customer solutions businesses, we are committed to being at the forefront of the energy transition and are excited to collaborate with organizations such as Windstream to accelerate those efforts."

Windstream will also achieve budget certainty throughout the term of this agreement with a fixed price structure in a simple retail contract with flexible terms.

Renewable energy is an increasingly important part of Windstream’s environmental sustainability strategy and approach to reducing greenhouse gas emissions from electricity consumption. Windstream formally initiated its renewable and carbon-free energy program in 2020 with the signing of its first community solar project and has continued to source other renewable opportunities.

In 2020, approximately 34% of Windstream’s companywide purchased Scope 2 electricity, which powers network locations and data centers, came from renewable and carbon-free sources. Following the agreement with ENGIE Resources, approximately 44% of Windstream’s purchased Scope 2 electricity now comes from these sources. The company is working toward a goal of purchasing 50% of its Scope 2 electricity from renewable and carbon-free sources by 2025.

Windstream is committed to environmental stewardship, and this agreement with ENGIE Resources is the latest step in our ongoing effort to reduce carbon emissions,” said Mark Reed, chief procurement officer for Windstream. “Renewable energy sources are key to driving down emissions. To contribute to this vital worldwide effort, our corporate sustainability program combines common-sense strategies with ambitious long-term initiatives to become more resource efficient, enabling us to make improvements while balancing the needs of our customers, employees, and owners.”

Serving as advisor on the agreement is Atlanta, Georgia, based Insight Sourcing Group’s Energy practice. ISG Enterprise Energy is a consulting practice focused on sustainability through strategic sourcing of renewables and execution of energy efficiency projects, working with senior executives and procurement leaders from corporate clients and private equity firms.

ENGIE North America is the developer, owner (in partnership with an affiliate of John Laing Group plc), and operator of the Live Oak wind project. Live Oak is a 200 MW project that is located near San Angelo, Texas. ENGIE North America has added nearly 2GW of renewable energy in the U.S., a major contribution to the global goal of 9GW from 2019-2021. Globally in 2020, ENGIE commissioned 3GW of new renewable capacity, bringing total renewable capacity portfolio to 31GW.

*EPA Greenhouse Gas Equivalencies Calculator

About Windstream

Windstream Holdings is a privately held communications and software company. Windstream offers managed communications services, including SD-WAN and UCaaS, and high-capacity bandwidth and transport services to businesses across the U.S. The company also provides premium broadband, entertainment and security services through an enhanced fiber network to consumers and small and midsize businesses primarily in rural areas in 18 states. Additional information is available at windstream.com or windstreamenterprise.com. Follow us on Twitter at @Windstream.

About ENGIE North America

ENGIE North America Inc. offers a range of capabilities in the United States and Canada to help customers decarbonize, decentralize and digitalize their operations. These include comprehensive services to help customers run their facilities more efficiently and optimize energy and other resource use and expense; clean power generation; energy storage; and retail energy supply that includes renewable, demand response, and on-bill financing options. Nearly 100% of the company’s power generation portfolio is low carbon or renewable. Globally, ENGIE S.A. is a global reference in low-carbon energy and services, that relies on their key businesses (gas, renewable energy, services) to offer competitive solutions to customers. With 170,000 employees, customers, partners and stakeholders, the group is committed to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions.


Contacts

Media Contacts:
Windstream: Scott Morris, This email address is being protected from spambots. You need JavaScript enabled to view it., (501) 748 5342

ENGIE North America: Sandrine Deparis, This email address is being protected from spambots. You need JavaScript enabled to view it., (202) 855 3705

New capital will allow the company to further enhance its existing solar platform, continue growth into new market segments and facilitate international expansion.

SEATTLE--(BUSINESS WIRE)--Omnidian, the only nationwide provider of residential, commercial and industrial solar system performance plans and performance guarantees, announced today that it has secured a $33 million Series B capital raise. The round was led by Activate Capital. Additional round participants included Liberty Mutual Insurance and WIND Ventures, the strategic venture capital arm of Chilean multinational energy firm Copec, as well as existing investors City Light Capital, IA Capital, Evergy Ventures, Avista Development Inc., Congruent Ventures, Centrica, National Grid Partners, Energy Foundry and Blue Bear Capital.


“This successful raise is a validation of what Omnidian has accomplished over the past four years. Residential and commercial solar are moving into mainstream adoption and with that comes demand for a higher level of service and assurance that a customer’s system is operating as expected,” said Mark Liffmann, founder and CEO of Omnidian. “Our new capital partners share our vision of providing solar energy customers with a lower cost of ownership, less risk and a transformational customer experience. The capital will also enable expansion into new asset classes including energy storage, EV charging and HVAC.”

“Omnidian is a vital technology for the energy transition making the adoption of distributed energy resources like solar easier for homeowners and businesses,” said Raj Atluru, Managing Director, Activate Capital. "The renewables industry has spent the last two decades investing trillions of dollars into clean energy generation. Omnidian's intelligent asset management platform treats these IoT connected assets as critical infrastructure, ensuring the rapid adoption of renewable generation and the resiliency of our grid,” added Eric Meyer, Vice President. “The Omnidian team is world class and brings decades of insight into performance management that will accelerate the adoption of these critical technologies."

“The world is embarking on a major energy transition and Omnidian’s platform is an example of the type of technology that is needed to help consumers and businesses alike understand and maximize the performance of their clean energy systems,” said Liberty Mutual Investments Managing Director of Energy Transition & Infrastructure TJ Gaylord. “The Omnidian team continues to earn accolades for its remote monitoring, performance plans and overall level of customer satisfaction. We are excited to work alongside Omnidian as they move forward to their next phase of growth, which is aligned with our strategy of investing in alternative energy and supporting the energy transition.”

The new capital comes at a time of rapid growth for Omnidian. In addition to its performance plans for solar, the firm has launched a similar service for energy storage, both at the residential and C&I level. In the future, Omnidian’s machine learning software will monitor other IoT sensored energy products. The firm currently employs more than 100 professionals across 16 states and expects that number to grow significantly over the next several years. It will also grow the more than 1,700 megawatts it currently manages for customers. Finally, this raise will enable international expansion for the company.

The raise also comes at a time when the solar market’s growth trajectory is accelerating, increasing the need for a better experience at the customer level and the deployment of more capital at the institutional level.

“Customer peace of mind is delivered by our powerful machine learning platform ensuring that in-home or commercial energy infrastructure will deliver on its promise,” Liffmann added. “Asset performance is also key to enabling deployment of the billions of dollars in new infrastructure capital that has been earmarked for residential and especially commercial solar. I expect commercial solar’s growth to exceed most commercial solar market forecasts and Omnidian’s performance guarantees will be key to unlocking much of that capital.”

About Omnidian:

Omnidian’s mission is to protect and accelerate capital invested in clean energy through innovative technology, passionate teams and an amazing customer experience. Our state-of-the art proprietary technology provides continuous monitoring for residential and commercial solar energy systems and portfolios. As more IoT enabled clean energy technology is deployed in homes and businesses, Omnidian’s software platform will continue to provide the industry’s only end-to-end performance assurance, including proactive service alerts and field service for the life of residential and commercial solar energy systems, battery storage and more. We give consumers peace of mind, and we liberate the capital and resources of large-scale asset portfolios for our Fortune 1000 clients. For more information, visit www.omnidian.com.

About Activate Capital

Activate Capital is a leading growth equity partner to companies building smart, sustainable systems across the energy, transportation, and industrial technology markets. The firm aims to generate best-in-class financial returns while contributing to this vision of the future by investing in entrepreneurial management teams in high growth companies using technology to make the world more efficient, intelligent, and sustainable. The partners have collectively invested over $1 billion across their target sectors, resulting in 30 successful exits through IPO and M&A.

About Liberty Mutual Insurance

At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.

In business since 1912, and headquartered in Boston, today we are the sixth largest global property and casualty insurer based on 2020 gross written premium. We also rank 71st on the Fortune 100 list of largest corporations in the U.S. based on 2020 revenue. As of December 31, 2020, we had $43.8 billion in annual consolidated revenue.

We employ over 45,000 people in 29 countries and economies around the world. We offer a wide range of insurance products and services, including personal automobile, homeowners, specialty lines, reinsurance, commercial multiple-peril, workers compensation, commercial automobile, general liability, surety, and commercial property.

For more information, visit www.libertymutualinsurance.com

About WIND Ventures

Based in San Francisco, WIND Ventures is the strategic venture capital arm of Copec, one of the leading energy companies in Central and South America and one of the most valued brands throughout Latin America. WIND Ventures leverages Copec’s significant resources to accelerate growth, primarily within Latin America, for startups and scaleups across the world within the new mobility, energy and retail sectors. Visit windventures.vc or follow us on Linkedin and Twitter


Contacts

Media
Antenna Group for Omnidian, Inc.
Nia Evans
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DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (NYSE: PXD) (“Pioneer” or the “Company”) today announced the addition of Maria S. Jelescu Dreyfus to the Company’s Board of Directors.


Ms. Dreyfus is currently the Chief Investment Officer for Ardinall Investment Management, a New York based independent investment firm established in 2017. Ardinall has an ESG-based investment approach and focuses on climate change and sustainable investments. Prior to forming Ardinall, Ms. Dreyfus spent 15 years at Goldman Sachs, where she most recently served as Portfolio Manager and Managing Director for Goldman Sachs Investment Partners (GSIP). At GSIP Ms. Jelescu focused on energy, industrials, transportation and infrastructure investments in both public and private markets.

Ms. Dreyfus currently serves on the board of directors at Macquarie Infrastructure Corporation (NYSE: MIC), on the board of CDPQ (one of Canada’s largest pension plans) and on the advisory board of Eni Next (Eni SpA’s corporate venture arm). At Columbia University’s Center on Global Energy Policy, Ms. Jelescu serves as an advisory board member, executive committee member and as co-chair of the Women in Energy program. She also serves as a director on several private companies’ governing and advisory boards in the energy transition space (battery technologies, digitization and control technologies, etc.)

Additionally, Ms. Dreyfus is a member of the Massachusetts Institute of Technology’s (MIT) Corporation’s Development Committee and serves on the MIT Economics Department’s Visiting Committee. Ms. Jelescu has held her Chartered Financial Analyst designation since 2004 and holds a dual degree in economics and management science from MIT.

Pioneer Chief Executive Officer, Scott D. Sheffield stated, “We are excited to welcome Maria to the Pioneer Board of Directors. Maria’s extensive experience in energy and infrastructure, combined with her deep knowledge of environmental, social and governance (ESG) matters will further strengthen Pioneer’s ESG leadership position.”

Chairman of the Board, J. Kenneth Thompson added, “Maria’s deep background in finance, energy and ESG adds to our Board’s collective skill set and her expertise will help guide the company successfully through the global energy transition.”

Ms. Jelescu said, “What appeals to me about joining Pioneer’s Board of Directors is the shared belief that leadership means excellent performance in financial, operational and ESG matters. Pioneer continues to do impressive work, but it is not content with the status quo. I look forward to working with Pioneer’s management team as it continues to further solidify its leading role in the energy transition.”

Pioneer is a large independent oil and gas exploration and production company, headquartered in Dallas, Texas, with operations in the United States. For more information, visit Pioneer’s website at www.pxd.com.

Cautionary Statement Regarding Forward-Looking Information

Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this news release specifically include statements regarding the redemption. Forward-looking statements and the business prospects of Pioneer are subject to a number of risks and uncertainties that may cause Pioneer’s actual results in future periods to differ materially from the forward-looking statements. These risks and uncertainties include, among other things, volatility of commodity prices, product supply and demand, the impact of a widespread outbreak of an illness, such as the COVID-19 pandemic, global and U.S. economic activity, government regulation or action, Pioneer’s ability to implement its business plans or complete its development activities as scheduled, access to and cost of capital, the financial strength of counterparties to Pioneer’s credit facility, investment instruments and derivative contracts and purchasers of Pioneer’s oil, natural gas liquids and gas production, and acts of war or terrorism. These and other risks are described in Pioneer’s Annual Report on Form 10-K for the year ended December 31, 2020 and other filings with the Securities and Exchange Commission. In addition, Pioneer may be subject to currently unforeseen risks that may have a materially adverse impact on it. Accordingly, no assurances can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statements. Pioneer undertakes no duty to publicly update these statements except as required by law.


Contacts

Pioneer Natural Resources Company Contacts:

Investors
Neal Shah - 972-969-3900
Tom Fitter - 972-969-1821
Greg Wright – 972-969-1770

Media and Public Affairs
Tadd Owens - 972-969-5760

448MWdc Project marks iSun’s second foray into the fast-growing utility-scale EPC market.

BURLINGTON, Vt.--(BUSINESS WIRE)--$isun #cleanenergy--iSun, Inc. (NASDAQ: ISUN) (the “Company”, or “iSun”), a leading solar energy and clean mobility infrastructure company with 50 years of construction experience in solar, electrical and data services, announced today that Fusion Renewable has selected the company for turnkey professional, development, and EPC services.


Highlights

  • Projects encompass interconnect applications across 3 locations in Alabama, equaling 448MWdc of solar production - enough to power over 85,000 homes.
  • Project financing to be provided by Fusion Renewable.
  • Total engineering, procurement, and construction (‘EPC’) and renewable energy credits (‘REC’) contracts could exceed $500 million.
  • Project includes a $7 million development and professional services contract, commencing immediately.
  • Notice to proceed (‘NTP’) on the first EPC project expected in 2022.

In April, iSun acquired the intellectual property of Oakwood Construction Services, enabling entry into the rapidly growing solar development services market. This is the second award executed by iSun’s Utility division, bringing total contract awards to $8.25 million in 6 months.

“This initiative is in line with iSun’s commitment to help accelerate the adoption of clean energy at every scale, from providing EV Charging, installing residential systems to large utility-scale solar systems,” commented Jeffrey Peck, iSun’s Chief Executive Officer. “Our acquisition of Oakwood construction in April of this year, and the launch of iSun Utility marked our initial entry into both the Utility scale sector and the professional and development services marketplace. In the short time since, we’ve won contracts for over $8.25 million

in development and professional services fees and have been granted EPC rights for nearly 566MWdc of projects, with potential future revenues of more than $500 million. These results underscore the efficacy of our strategy as well as the quality of the iSun Utility team that we have in place to execute on our strategy. We anticipate construction to begin starting in 2022.”

The projects were structured by Fusion Renewable, including siting, 2,600 acres of land control and diligence, and will be financed and owned by a joint venture between Israeli public companies.

Niv Sarne, Fusion Renewable’s CEO noted, “We are excited to launch our projects portfolio with iSun. This is a significant opportunity and the collaboration between the two companies has created value and led to further opportunities in the renewable sector. We are looking forward to continue working with iSun and strengthening the relationship between the two companies.”

The Altmayer Limited Partnership (“ALP”) is acting as an active development partner in the project. Daniel L. Rabinowitz, a Director of Altmayer Management, Inc., commented: “ALP is very pleased and proud to be a part of this significant renewable energy venture in South Alabama. We believe that it will provide important benefits for South Alabama and for the communities of western Mobile County. We are a longtime Mobile-based enterprise, and we are committed to entering into constructive partnerships with Mobile educational and job training institutions to provide pathways to the permanent solar energy jobs that will be created by the new facilities and look forward to the economic development that will ensue as the project moves into construction and comes online.”

About iSun Inc.

Since 1972, iSun has accelerated the adoption of proven, life-improving innovations in electrification technology. iSun has been the trusted electrical contractor to Fortune 500 companies for decades and has installed clean rooms, fiber optic cables, flight simulators, and over 400 megawatts of solar systems. The Company has provided solar EPC services across residential, commercial & industrial, and utility scale projects and provides solar electric vehicle charging solutions for both grid-tied and battery backed solar EV charging systems. iSun’s often repeat client base includes leading institutions from the U.S. Federal Government, to municipalities, universities, independent power producers, utilities, Fortune 500 and financers In April, iSun was ranked the 3rd largest domestic commercial and industrial solar engineering, procurement and construction (“EPC”) company according to Solar Power World. iSun believes that the transition to clean, renewable solar energy is the most important investment to make today and is focused on profitable growth opportunities. Please visit www.isunenergy.com for additional information.

Forward Looking Statements

This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of

1995, as amended. Words or phrases such as "may," "should," "expects," "could," "intends," "plans," "anticipates," "estimates," "believes," "forecasts," "predicts" or other similar expressions are intended to identify forward-looking statements, which include, without limitation, earnings forecasts, effective tax rate, statements relating to our business strategy and statements of expectations, beliefs, future plans and strategies and anticipated developments concerning our industry, business, operations and financial performance and condition.

The forward-looking statements included in this press release are based on our current expectations, projections, estimates and assumptions. These statements are only predictions, not guarantees. Such forward-looking statements are subject to numerous risks and uncertainties that are difficult to predict. These risks and uncertainties may cause actual results to differ materially from what is forecast in such forward-looking statements, and include, without limitation, the risk factors described from time to time in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K.

All forward-looking statements included in this press release are based on information currently available to us, and we assume no obligation to update any forward-looking statement except as may be required by law.


Contacts

IR Contact:
Tyler Barnes
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802-289-8141

Software industry veteran to lead Quorum’s global go-to-market strategy for transforming the business of energy through technology

HOUSTON--(BUSINESS WIRE)--Quorum Software (Quorum), the global software leader dedicated to the energy industry, today announced that Paul Langenbahn has been named President of Quorum Software. In this position, he will be responsible for worldwide customer-facing operations.


Earlier this year, Quorum merged with Aucerna, a global provider of integrated planning, execution, and reserves software for the energy industry. Operating as Quorum Software, the combined company recently acquired TietoEVRY’s Oil and Gas software business, including flagship solutions Energy Components and DaWinci. Together, the company now serves more than 1,800 energy customers across 55 countries.

“This year brought incredible growth for Quorum, and we are committed to bringing an incredible customer experience to energy companies worldwide,” said Gene Austin, Chief Executive Officer of Quorum Software. “Paul has an extensive background leading technology companies, especially when it comes to service, delivery, and support, and I look forward to having him guide Quorum in all aspects of how we advance our operations to empower customers to be successful.”

Most recently, Langenbahn was the Executive Vice President and President of the Commerce business unit of NCR Corporation, a global enterprise technology provider for the financial, retail, and hospitality industries. Before NCR, he served as the Executive Vice President and President of the hospitality division of Radiant Systems from 2007 until the company’s successful sale to NCR in 2011. Throughout his 25 years with Radiant and NCR, he held several senior leadership roles in general management, sales, and professional services.

“With years of leadership and innovation dedicated to energy, Quorum’s vision to transform the business of energy through technology is now accelerating at a global scale,” said Paul Langenbahn, President of Quorum Software. “I’m excited by the opportunity to work closely with Quorum’s 1,400 associates around the world as we deliver solutions that help our customers grow, transform and streamline their operations to meet the future energy needs of the planet.”

To learn more about Quorum, visit quorumsoftware.com.

About Quorum Software

Quorum Software connects people and information across the energy value chain. Twenty years ago, we built the first software for gas plant accountants. Pipeline operators came next, followed by land administrators, pumpers, and planners. Since 1998, Quorum has helped thousands of energy workers with business workflows that optimize profitability and growth. Our vision for the future connects the global energy ecosystem through cloud-first software, data standards, and integration. The trusted source of decision-ready data for 1,800+ companies, Quorum Software makes the essential connections that let us work better together in the connected energy workplace. For more information, visit quorumsoftware.com.


Contacts

Adam Cormier
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617 502 4384

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