O&G

LiqTech International Announces Financial Results for Fourth Quarter and Full Year 2023

Retrieved on: 
Thursday, March 21, 2024

BALLERUP, Denmark, March 21, 2024 /PRNewswire/ -- LiqTech International, Inc. (NASDAQ: LIQT) ("LiqTech"), a clean technology company that manufactures and markets highly specialized filtration technologies, today announced its financial results for the fourth quarter and fiscal year 2023 for the period ended December 31, 2023.

Key Points: 
  • BALLERUP, Denmark, March 21, 2024 /PRNewswire/ -- LiqTech International, Inc. (NASDAQ: LIQT) ("LiqTech"), a clean technology company that manufactures and markets highly specialized filtration technologies, today announced its financial results for the fourth quarter and fiscal year 2023 for the period ended December 31, 2023.
  • Received order for the first U.S.-based oil & gas produced water order as part of new distribution agreement with Razorback Direct.
  • New orders for DPFs have increased 11% in the first quarter of 2024 compared to the same period in 2023.
  • The Company expects revenue in the first quarter of 2024 to be between $4.1 million and $4.3 million.

SANDBOND™ TECHNOLOGY TRANSFORMS ABANDONED WELL INTO A PRODUCING ASSET IN SASKATCHEWAN, CANADA

Retrieved on: 
Tuesday, March 12, 2024

The well, which had been offline for over a decade due to persistent sand production issues, underwent a remarkable turnaround after a single SandBOND™ treatment.

Key Points: 
  • The well, which had been offline for over a decade due to persistent sand production issues, underwent a remarkable turnaround after a single SandBOND™ treatment.
  • The TenEx Innovation Team rose to the challenge, designing a cost- effective treatment using their patent-pending SandBOND™ technology.
  • This transformative innovation turned the well from a liability into a valuable asset for the operator.
  • This dormant well was converted from a liability cost to a profitable, revenue-generating asset for our customer.

BitFrontier Announces New Hosting Facility with 5-year Power Commitment

Retrieved on: 
Tuesday, February 20, 2024

More than just a liquid immersion hosting facility, we've created a successful liquid immersion and air cooled hosting model with two industry-leading partners that can be replicated at scale for future sites.

Key Points: 
  • More than just a liquid immersion hosting facility, we've created a successful liquid immersion and air cooled hosting model with two industry-leading partners that can be replicated at scale for future sites.
  • The new BFCH liquid immersion hosting facility houses 360 miners and is now up and running at 100% capacity.
  • This facility will generate $115K/mo of recurring revenue and $35K/mo in profit.
  • By doing this, 10NetZero and their O&G customers are protecting the environment while providing a reliable source of power for this site.

Top 10 Growth Opportunities in Oil and Gas Digitalization and Automation in 2024 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 28, 2024

The "Top 10 Growth Opportunities in Oil and Gas Digitalization and Automation, 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Top 10 Growth Opportunities in Oil and Gas Digitalization and Automation, 2024" report has been added to ResearchAndMarkets.com's offering.
  • The global energy industry is experiencing an unprecedented transition, and this change is bringing exciting new growth opportunities to the oil and gas (O&G) sector.
  • This study lists and evaluates the top 10 growth opportunities that have been identified for the digitalization and automation of the global O&G industry in 2024.
  • Artificial intelligence, the Internet of Things, and robotics will dominate the market, as they enable full operational automation.

Top 10 Growth Opportunities in Oil and Gas Decarbonization for 2024: Energy Transition, Carbon Capture, Automation, and Emissions Management to Drive the Industry Toward Net-Zero Targets - ResearchAndMarkets.com

Retrieved on: 
Friday, January 19, 2024

The "Top 10 Growth Opportunities in Oil and Gas Decarbonization, 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Top 10 Growth Opportunities in Oil and Gas Decarbonization, 2024" report has been added to ResearchAndMarkets.com's offering.
  • The global energy industry is experiencing an unprecedented transition, and this change is bringing exciting new growth opportunities to the oil and gas (O&G) sector.
  • However, the shift to a net-zero future concerning carbon emissions means many companies are also challenged by pricing, energy security, and industry disruption.
  • This study lists and evaluates the top 10 growth opportunities that the publisher has identified for the decarbonization of the global O&G industry in 2024.

Oil and Gas Decarbonization: New Report Unveils Top 10 Growth Opportunities for 2024

Retrieved on: 
Tuesday, January 16, 2024

DUBLIN, Jan. 16, 2024 /PRNewswire/ -- The "Top 10 Growth Opportunities in Oil and Gas Decarbonization, 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 16, 2024 /PRNewswire/ -- The "Top 10 Growth Opportunities in Oil and Gas Decarbonization, 2024" report has been added to ResearchAndMarkets.com's offering.
  • Decarbonization, digital transformation, and technology innovation have accelerated significantly in the past five years.
  • The global energy industry is experiencing an unprecedented transition, and this change is bringing exciting new growth opportunities to the oil and gas (O&G) sector.
  • This study lists and evaluates the top 10 growth opportunities that the publisher has identified for the decarbonization of the global O&G industry in 2024.

GE Vernova and Next Hydrogen Sign MoU to Integrate Electrolysis Technology with Power Systems to Produce Green Hydrogen

Retrieved on: 
Tuesday, November 21, 2023

GE Vernova’s Power Conversion business and Next Hydrogen Solutions Inc. have signed a memorandum of understanding to integrate Next Hydrogen’s electrolysis technology with Power Conversion’s power systems offerings to produce green hydrogen

Key Points: 
  • GE Vernova’s Power Conversion business and Next Hydrogen Solutions Inc. have signed a memorandum of understanding to integrate Next Hydrogen’s electrolysis technology with Power Conversion’s power systems offerings to produce green hydrogen
    PITTSBURGH and MISSISSAUGA, Ontario, Nov. 21, 2023 (GLOBE NEWSWIRE) -- GE Vernova’s Power Conversion business and Next Hydrogen Solutions Inc. have signed a memorandum of understanding to integrate Next Hydrogen’s electrolysis technology with GE Vernova’s power systems offerings to produce green hydrogen.
  • The integration of GE Vernova’s power conversion technology provides Next Hydrogen water electrolyzers with direct current (DC) power sourced from renewable energy, including solar, wind, and hydro.
  • GE Vernova’s Power Conversion will integrate DC power supplies along with power quality such as synchronous condensers, energy storage, motors and drives for compression and water, and controls with Energy Management (EMS).
  • In its inaugural phase, GE Vernova and Next Hydrogen plan to pioneer advanced power systems that align with the forthcoming generation of Next Hydrogen electrolyzers, which are scheduled to launch in 2024.

Global Oil and Gas Emissions Management Industry Report 2023-2030: Opportunities in Remote Leak Detection for Industrial Cluster Emissions & Emission Analytics-as-a-Services to Track Net Zero Targets

Retrieved on: 
Tuesday, December 19, 2023

DUBLIN, Dec. 18, 2023 /PRNewswire/ -- The "Growth Opportunities for Emissions Management in Oil and Gas" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 18, 2023 /PRNewswire/ -- The "Growth Opportunities for Emissions Management in Oil and Gas" report has been added to ResearchAndMarkets.com's offering.
  • This study presents a full analysis of growth opportunities in the global emissions management market for O&G applications.
  • As the creation and implementation of decarbonization strategies gain pace across industries, emissions management emerges as a key growth opportunity.
  • Digital platforms and creative business models that deliver end-to-end solutions underpin these steps, especially in the carbon-intensive oil and gas (O&G) industry.

Energy Transition Growth Opportunities for Oil and Gas (O&G) Service Companies, 2023-2030 - ResearchAndMarkets.com

Retrieved on: 
Monday, December 11, 2023

The "Energy Transition Growth Opportunities for Oil and Gas (O&G) Service Companies, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Energy Transition Growth Opportunities for Oil and Gas (O&G) Service Companies, 2023" report has been added to ResearchAndMarkets.com's offering.
  • This report studies the innovations and strategies of major O&G service companies around six key pillars of the energy transition: automation; renewable energy; hydrogen production; carbon capture, utilization, and storage; process electrification; and emissions management.
  • Energy transition, which refers to the shift from fossil fuel-based systems to zero-carbon solutions, is a complex process for the global energy industry, including suppliers and users.
  • The industry is under pressure to transform by finding ways to address global energy demand growth while reducing its environmental toll.

Global Oil and Gas (O&G) Service Energy Transition Growth Opportunities for Companies 2023-2030 Featuring Halliburton, Baker Hughes, SLB, Emerson, ABB, Honeywell, Rockwell Automation, and Saipem

Retrieved on: 
Saturday, December 9, 2023

DUBLIN, Dec. 8, 2023 /PRNewswire/ -- The "Energy Transition Growth Opportunities for Oil and Gas (O&G) Service Companies, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 8, 2023 /PRNewswire/ -- The "Energy Transition Growth Opportunities for Oil and Gas (O&G) Service Companies, 2023" report has been added to ResearchAndMarkets.com's offering.
  • This report studies the innovations and strategies of major O&G service companies around six key pillars of the energy transition: automation; renewable energy; hydrogen production; carbon capture, utilization, and storage; process electrification; and emissions management.
  • Energy transition, which refers to the shift from fossil fuel-based systems to zero-carbon solutions, is a complex process for the global energy industry, including suppliers and users.
  • The industry is under pressure to transform by finding ways to address global energy demand growth while reducing its environmental toll.