Technology

Emerson finalises acquisition of AspenTech for $7.2 bn
Emerson has completed its acquisition of all outstanding shares of AspenTech, finalising a transaction valued at $7.2 billion.

Baker Hughes and Woodside Energy to develop small-scale decarbonisation solution
Baker Hughes and Woodside Energy announced on Thursday a joint initiative to develop a lower carbon power generation technology solution utilising the Net Power platform that is specifically designed for oil and gas (including LNG), heavy industries and other smaller scale applications.

SLB electrifies well control with new technology to boost drilling safety
Global energy technology company SLB on Tuesday launched EWC electric well control technologies, which reduce capex and opex, while making mission-critical drilling operations safer. EWC technologies replace hydraulics with a simplified electric power system that not only significantly reduces these costs but also provides real-time data insights and a continuous supply of on-demand power to well control components under any operating conditions.