Halliburton is entering into a strategic alliance with Microsoft to drive digital transformation across the oil and gas industry. The relationship will combine the expertise of a global leader in cloud and digital transformation with a global leader in exploration and production (E&P) science…
The Internet of Things is becoming ever more embedded in the oil psyche. Steve Hamlen reports. Mackinnon The increasing use of sensors coupled with the progress in data collection…
KBR and IBM have agreed to collaborate on the development of digital products and services to help oil and gas firms reduce costs and increase profit, reliability and safety. KBR says petroleum organizations require new levels of innovation…
George Scott, Director for KPMG’s Cyber & Privacy practice in Scotland, warns companies in the upstream energy sector of impending changes to EU data protection laws in the form of General Data Protection Regulations. The European Union’s (EU’s) new General Data Protection Regulation (GDPR)…
Automation specialist Schneider Electric announced a collaborative project with Landmark, a Halliburton business line, which aims to provide total transparency to (exploration and production) E&P decision makers—from oil field to board room—with a real-time…
Royal Dutch Shell has officially acquired 100% of BG Group today (15 February) in a US$70 billion mega merger that leaves Shell as one of the biggest oil and gas companies in the world. Shell CEO Ben van Beurden…
Challenging market conditions, including high operational costs, low prices, and declining reserves in the North Sea are driving many organizations in the industry to seek more efficient and cost effective ways of working, without compromising safety…
Chancellor George Osborne (pictured) has thrown a bone to the North Sea oil industry in his Summer Budget speech today (8 July). Osborne confirmed that the UK Government plans to broaden the types of investment qualifying for the Investment Allowance and cluster area allowances…
A senior executive at new joint venture Forsys Subsea has been appointed chairman of the ONS Foundation Board of Directors - the organization behind Norway's biennial ONS conference and exhibition. Arild Selvig (pictured) is senior vice president and head of front-end…
Tunisian authorities Comité Consultatif des Hydrocarbures granted ADX Energy an additional six-month extension of the exploration period for the Kerkouane permit, offshore Tunisia. The extension ends on 7 August 2016. The ADX…
Oil companies operating on the Norwegian Continental Shelf (NCS) were this morning warned that cost cutting should not lead to fewer projects and leaving behind economically viable fields, Norway’s Minister of Petroleum told ONS conference delegates in Stavanger this morning…
Take a look behind the curtain at Offshore Technology Conference with this exhibition time-lapse video, which captures the two-week move in period through day three of OTC 2013. This is the best way to watch the OTC exhibition floor…
The iPZIG at-bit inclination, gamma ray and imaging service has been introduced by PathFinder, a Schlumberger company, to help optimize well placement in target zones through early bed boundary detection.Developed specifically for unconventional…
With 2011 drawing to a close, it's time for OE to look afresh at the world's emerging hot spots. One of those generating the most interest, if not the most dollars yet, is also the coldest: the Arctic. Jennifer Pallanich asks a cross-section…
Each new year brings with it a new round of industry prognostication. So what does 2010 hold in store for offshore? A lot of hand-wringing, for one thing, reports Russell McCulley.--As Gary Adams, US oil & gas leader for Deloitte, put it recently…