Iot In Oil Gas Dont Get Left Behind News

 

Drone Specialist Cyberhawk Lands 5-Year Deal with Shell

Jun 22, 2020

Drone-based inspection company Cyberhawk has said it has signed a five-year, multimillion-dollar software contract with oil giant Shell.Under the contract, Cyberhawk will provide its cloud-based asset visualization software iHawk for all onshore…

Neptune Energy Plans to Let 400 Office Workers Go

Jun 19, 2020

Oil and gas company Neptune Energy is looking to reduce its workforce by 400 positions, half of which are contractor roles, citing the impact of the COVID-19 and a drop in oil prices.'We anticipate approximately 400 roles across nine countries to be impacted by these proposals…

Spirit Energy Gets OK for Barents Sea well

May 01, 2020

Oil and gas company Spirit Energy has been given the approval to drill an offshore well in the Barents Sea, offshore Norway.The country's offshore oil and gas safety body PSA Norway, said this week that it had given Spirit Energy permission to drill the 7321/8-2 S offshore well…

Lukoil Shakes Up Top Management

Mar 04, 2020

Lukoil shook up its oil production business on Wednesday, promoting a low-profile executive and splitting the role of a veteran of Russia's top private oil producer, who is seen as a possible future leader. đRussia's second-biggest oil producer…

Gassco Urges Norway to Boost Arctic Gas Export Capacity

Jan 13, 2020

Norway should construct a new pipeline or a second liquefied natural gas (LNG) unit to boost its gas exports from the Arctic Barents Sea, pipeline system operator Gassco said on Monday.Natural gas represents about a quarter of Norway's overall exports…

Noreco Signals Danish Revival

Oct 21, 2019

A temporary tax incentive regime, low oilfield breakeven pricing and a chance to profit on modifications alone rather than via drill bit appear to be factors lifting prospects and getting banks behind a stalled Danish offshore revival.On Monday…

Angola Hopes Reforms Will Aid Oil Assets Sales

Oct 17, 2019

Angola is hoping sweeping economic reforms will smooth an ambitious plan to sell key state assets, including stakes in oil company Sonangol, a share of Puma Energy and more than 100 other enterprises.Africa's second biggest oil exporter is in…

Production 4.0

Oct 08, 2019

As the oil and gas industry increasingly automates functions, one service company has focused on changing the focus from dumb iron to the cloud.Weatherford’s vision is to take its range of production tools and technologies to the next level by bringing them together with the basics of Industry 4…

An Integrated Offering

Sep 18, 2019

EcoStruxure is Schneider Electric’s IoT-enabled, plug-and-play, open, interoperable architecture and platform. Tony Brayford explains.

Laying the Foundation for 5G in the GoM

Jul 24, 2019

Wireless provider T-Mobile, together with networking solutions company RigNet, are bringing LTE coverage to more than 60,000 square miles of the Gulf of Mexico.For offshore workers, oil and gas platforms, recreational and commercial vessels and critical infrastructure in the area…

The On-again Arctic

Jun 11, 2019

A cursory look at rig, seismic and yard activity in the world is enough to deduce that there’s more happening in the Arctic than Greens tying themselves to seventh-generation drilling units.A judge may have blocked Alaskan drilling in coastal…

Drillers Come Up Dry Offshore Pakistan

May 20, 2019

The consortium exploring the Kekra-1 well off the coast of Pakistan is ending drilling operations after no reserves of oil and gas were found, a spokesman for Oil and Gas Development Co Ltd, one of the Pakistani partners, said.'The oil exploration well will be plugged and abandoned…

Priestley Joins WFS Technologies

May 13, 2019

Theo Priestley, a technology futurist who focuses on emerging trends and their impact on business and wider society, has joined the team at WFS Technologies.Priestley takes up the role of chief marketing officer at WFS Technologies and is lined…

65,000 Wells will be Drilled in 2019

Apr 30, 2019

Rystad Energy forecasts that the number of onshore and offshore oil and gas wells drilled globally will increase to around 65,000 in 2019.Activity levels are then projected to remain around this level through 2023, the energy research and business intelligence company said…

Op/Ed: A Transformed Landscape for Service Providers

Apr 24, 2019

There is a quiet but confident sense of growing optimism about prospects for the oil and gas market. The industry is now a far cry from 2015’s oil price crash that led to widespread decommissioning and lay-offs. Whilst operators are still facing volatile markets…

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