2H Offshore is seeking additional participants for its recently launched STREAM (Steel Riser Enhanced Analytics using Measurements) joint industry project (JIP). So far, four major oil and gas operators have agreed to participate in the JIP…
Image from Weatherford. Weatherford International has commercially released the ForeSite production optimization platform at the Weatherford Enterprise Software Conference. The ForeSite…
Himanshu Maheshwari and Bulent Mercan, of 2H Offshore, discuss how a well-designed integrity monitoring program provides data for riser digital operations. Fig 1: Large gap between predictive analysis and reality…
Kongsberg Maritime Inc., the North American division of Norway headquartered marine and offshore technology company Kongsberg Maritime, and Houston headquartered Stress Engineering Services have formed a strategic alliance to better serve…
GE and Noble Corp. have entered a partnership to collaborate on the Digital Rig(SM) solution, enabling data-driven operational efficiency by using data analytics, with the target of a 20% reduction in operational expenditure across the rigs…
McDermott will digitize and standardize its processes, simplifying work processes into a single integrated, software-agnostic engineering platform. Image from McDermott. McDermott…
Wood Group is starting the next phase of a collaborative industry effort, the Subsea Equipment Australian Reliability Joint Industry Project (SEAR JIP), to develop a better understanding of the reliability of subsea equipment for use in offshore Australia…
Stabilizing oil prices have prompted producers to return to both shale and offshore projects, but the industry still needs to cut costs. A new workforce program offered by the University of Houston (UH) focuses on helping oil and gas…
Subsea services firm N-Sea and the University of Strathclyde’s Institute of Sensors Signals and Communications at the Department of Electronic and Electrical Engineering have secured funding from the Data Lab Innovation Centre for a research project to automate subsea pipeline inspection…
GE and Maersk Drilling have entered into a partnership to collaborate on a data analytic-driven pilot project with the aim to increase Maersk’s drilling vessels’ productivity and significantly reduce maintenance costs by up to 20%. The…
Talk of an IT and OT convergence has been increasing, including in the oil and gas business. Elaine Maslin reports. 'The first thing people need to realize is there’s an ugly job to do and [they need to] roll up sleeves,” says Duncan Irving…
Wood Group has established a new data analytics centre of excellence at its office in Galway, Ireland. The centre, which is supported by the Department of Jobs, Enterprise & Innovation through IDA Ireland, broadens Wood Group’s capabilities in advanced data analytics to support the oil & gas…
An augmented reality system is set to be developed for use in the oil and gas industry thanks to financial backing from two Scottish innovation centres. With support from the Oil & Gas Innovation Centre (OGIC), engineering design company…
GE Oil & Gas has signed a major agreement with MODEC, an owner/operator and engineering, procurement, construction and installation general contractor of floating production systems including floating production storage and offloading (FPSO)…
Classification society ABS is pursuing multiple major joint development projects (JDP) with Keppel Offshore & Marine Technology Centre (KOMtech) covering topics such as special purpose rigs, data analytics, and subsea technology. Senior…
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