According to Oil & Gas UK’s latest Tech Insights report, data and digital solutions are finally becoming an integral part of the asset lifecycle. One of the largest areas where they’re applied is facilities management, but what about the design phase? Elaine Maslin takes a look at two approaches.It’s an area ripe for innovation. According to Norwegian digital company FutureOn’s Customer Success Manager Gregor Deans…
The Brazilian oil and gas company Petrobras has awarded Alcatel Submarine Networks (ASN) and Maersk Supply Service (MSS) the contract for the supply and installation of a Permanent Reservoir Monitoring (PRM) system on the giant Mero field offshore Brazil…
Offshore seismic data companies TGS and CGG on Wednesday announced the second phase of the Foz do Amazonas 3D multi-client survey, located in the offshore Brazil equatorial margin. This survey, covering 11,425 square kilometers, will broaden…
Norwegian oil and gas company Equinor has awarded the drilling contractor Valaris a 540-day drilling contract for the Valaris DS-17 drillship. The offshore drilling contract is for operations in Brazil and is scheduled to start in 2023.Under…
French oil and gas seismic data firm CGG said Thursday it had secured a four-year contract extension for its dedicated reservoir services center for Petrobras in Rio de Janeiro, Brazil.'[CGG's] in-house team of reservoir characterization specialists…
Marine seismic survey firm Shearwater GeoServices has secured deals for two 3D seismic surveys offshore South Korea, together with seismic data processing and imaging by Korea National Oil Corporation (“KNOC”). This is Shearwater’s first contract with KNOC…
Oilfield services company Schlumberger on Monday announced an enterprise-wide deployment of the cloud-based DELFI cognitive E&P environment for the U.S. oil firm ConocoPhillips. ConocoPhillips will use Schlumberger digital solutions enabled…
Oilfield services giant Schlumberger on Tuesday announced the GeoSphere 360 3D reservoir mapping-while-drilling service. 'The service leverages advanced cloud and digital solutions to deliver real-time 3D profiling of reservoir objects. This…
Reach Subsea has agreed to buy OCTIO AS, a provider of monitoring solutions for oil and gas producing fields and CO2 storage reservoirs, from Equinor Ventures.OCTIO performs the geophysical studies that lead to overall monitoring strategies…
Lundin Energy, a Swedish oil firm focused on the Norwegian Continental Shelf, on Tuesday said it had started production from the Extended Well Test (EWT) at its Rolvsnes offshore field, the first subsea tie back development for the Edvard Grieg platform…
French seismic data and technology firm CGG has through its CGG GeoSoftware launched version 11.0 of its portfolio of reservoir characterization and petrophysical interpretation software solutions. 'GeoSoftware 11.0 is a milestone achievement…
Oilfield services giant Schlumberger has this week introduced two interesting technologies for remote well operations and downhole reservoir testing, the Performance Live and the Symphony, respectively.Performance Live is a digital service that optimizes remote well site operations control…
Forewarned is forearmed, an adage that is particularly true when it comes to deepwater drilling. Offshore drillers are increasingly relying on existing and new downhole data technologies to make real-time decisions and keep operations safe.Multi…
For any new offshore oil and gas project, calculating costs is key. Operators must assess both up-front capital expenditure (capex) as well as expected ongoing operational expenditure (opex) over the life of the project and weigh these figures…
Oilfield services firm Weatherford has introduced ForeSite Flow, a flow-measurement solution driven by Production 4.0 intelligence.Unveiled this week at ADIPEC 2019, ForeSite Flow is a full-range, non-nuclear multiphase flowmeter paired with Weatherford ForeSite intelligence…