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IIOT Oil & Gas

Emerson agrees to acquire Italian IIoT firm Progea Group

Emerson (St. Louis, Mo.) announced it has completed the acquisition of the Progea Group, an industry-leading provider of industrial internet of things (IIoT), plant analytics, human machine interface (HMI) and supervisory control and data acquisition (SCADA) technologies. The addition of…

Mobile Devices for Today’s CPI

New mobile devices, apps and augmented reality are supporting the digitalization revolution, as well as keeping business going during the pandemic Anyone who has visited or toured a production plant of the chemical process industries (CPI) knows that mobile phones…

ABB wins digitization contract for MOL Group chemical and refinery sites

ABB (Zurich, Switzerland) has been awarded the contract to improve asset integrity across MOL Group’s (Budapest, Hungary) downstream assets, through changing mindset, standardizing processes and software and ensuring integrity management is focused on the right equipment.  The project spanning MOL…

Process industries take stock of an autonomous future, says Yokogawa survey

Yokogawa Electric Corp. (Tokyo, Japan) revealed the results of a global end-user survey on the outlook for industrial autonomy, which shows that 64% of respondents from companies in process industries are anticipating fully autonomous operations by 2030. The survey provides…

Emerson acquires software provider OSI Inc. for $1.6 billion

Emerson (St. Louis, Mo.) agreed to acquire Open Systems International, Inc. (OSI Inc.) for $1.6 billion in an all cash transaction. OSI Inc. is a leading operations technology software provider that broadens and complements Emerson’s robust software portfolio and ability…

Aveva to acquire OSIsoft for $5 billion

Industrial software firms Aveva Group plc (Cambridge, U.K.) and OSIsoft (San Leandro, Calif.), have announced an agreement for Aveva to acquire OSIsoft for $5.0 billion. Aveva and OSIsoft will combine their complementary product offerings, bringing together industrial software and data…

Bilfinger signs first digitalization contract in the Middle East

Babcock Borsig Service Arabia Ltd. has signed its first digitalization contract with Saudi Tabreed Operations & Maintenance Co. This is the first digitalization awarding secured by Bilfinger Middle East for the region. Saudi Tabreed, a highly experienced district cooling scheme…

Sibur and G-Core Labs launch universal augmented-reality service for remote maintenance

Sibur (Moscow, Russia) & G-Core Labs S.A. (Luxembourg) have launched a universal augmented reality (AR) service for the remote maintenance and repair of industrial equipment. Sibur has launched the universal AR service for remotely maintaining and repairing industrial equipment, which will…

Phillips 66 collaborates with Accenture and AT&T for 5G IIoT proof of concept at Louisiana refinery

Accenture (Dublin, Ireland) and AT&T are working with Phillips 66 (Houston) to develop industrial cellular wireless connectivity, with the development of a private cellular network solution. The solution will lay the foundation for potential future 5G use cases, including support…

Clariant doubles capacity of its high-throughput catalyst R&D center in Palo Alto

Clariant Catalysts (Munich, Germany) is picking up speed with the successful expansion of its high-throughput R&D center in Palo Alto, California. Thanks to a significant investment, the upgraded facility is fitted with the latest high-throughput equipment, and will be home…