French engineering firm GTT reports it has been granted an approval in principle (AIP) from classification society Lloyd’s Register for a new digital solution, “POWER” (Prediction of Operational Windows to Enable Regas operations).POWER has…
Program encourages independent software vendors to build, market, and sell solutions and apps through Schlumberger digital platform.Schlumberger launched its Digital Platform Partner Program, designed allow independent software vendors (ISV)…
Maritime model-based systems engineering has been an issue in the maritime sector busy for years. It seems to be a huge challenge to define a ship in mathematical formulas, while converting a ship into formulas is only the beginning of the complexity…
There is an increasing expectation that oil and gas firms can demonstrate their value and efficiency through more data-centric processes, managing costs and reacting more quickly to changing market conditions. While the sector has typically been slow to adopt digital innovations…
Floatel International will become a part of Kongsberg Digital's digital infrastructure Vessel Insight.Floatel is currently operating in the North Sea region, Australia, Gulf of Mexico and Brazil and have a fleet consisting of five semi-submersible accommodation and construction support vessels…
Offshore engineering company Worley has won a three-year engineering and procurement (EP) services contract with Shell in the U.S. to support five of its assets in the Gulf of Mexico.'The contract will support Shell’s transition to a digitized…
With an annual R&D budget in excess of a billion Euros, Siemens Energy is well-positioned to drive substantial digital evolution in the offshore energy space. From unmanned offshore rigs to optimized maintenance to decarbonization, digitalization sits at the center…
Oil and gas is achieving next-generation results in design, operation and forecasting by integrating digitalization both within companies and across industry.True, cutting-edge digital transformation of the oil and gas industry requires widespread integration of the technology and regular…
Using digital transformation to mitigate risks and increase performance of offshore rigsFloating production storage and offload vessels (FPSOs) are among the largest investment trade-offs an oil and gas producer will make. On the one hand, these…
FutureOn, a provider of software solutions for the offshore energy industry, has entered a strategic partnership with Kongsberg Digital (KDI), the digital division of the Kongsberg Group to work on digital twin solutions for renewable energy industry…
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…
Oil major Shell and Norway's Kongsberg Digital have entered an agreement to collaborate and enable digital solutions and transformation for Shell's well delivery and performance.According to Kongsberg, Shell has used Kongsberg Digital’s real…
Digitalization and remote monitoring have in the past years been hailed as the next big thing in the offshore oil and gas industry. However, these advancements have made offshore drilling rigs more vulnerable to cyber-attacks, potentially resulting in serious process safety incidents…
Oilfield services firm Petrofac said Monday it has with the help of digitalization, and in cooperation with James Fisher Asset Information Services (JF AIS), managed to eliminate the need for offshore surveys ahead of modification scopes, reducing time and cost…
To thrive in the long term, the offshore industry must turn its attention to extracting—and making the most of—another key resource: data. This will help companies stay afloat in an increasingly challenging economic context and enable them to play their part in the energy transition…