The hype around buzzwords like big data and data analytics has created both believers and skeptics. Wary players in the offshore industry have adopted a wait-and-see approach, hoping clear business solutions will solidify. In dealing with disruptive technology…
Oil and gas has all the resources for a big data revolution – so what’s holding us back? Robert Dickson, Director – field development project excellence at io sets out his view. Image from iStock…
Diamond Offshore Drilling and GE Oil & Gas entered into the offshore drilling industry's first-of-its-kind contractual service agreement (CSA) that transfers full accountability for blowout preventer (BOP) performance to GE Oil & Gas. In this Pressure Control by the Hour model…
Gregory Hale discusses how operators can get more out of their current assets, and add more to the bottom line. All images from Honeywell. Systems on a platform floating in the…
Verisk Analytics today announced the acquisition of Infield Systems, a leading independent provider of business intelligence, analysis, and research to the oil, gas, and associated marine industries. Infield Systems will become part of Wood Mackenzie…
Siemens has celebrated the official christenings of the offshore wind industry’s first, purpose-built service operation vessels (SOV). The christening events took place in cooperation with Esvagt, owner of the two vessels, in Rostock, Germany…
US-based Verisk Analytics completed the US$2.8 billion (£1.85 billion) acquisition of UK-based Wood Mackenzie (WoodMac), the data analytics and commercial intelligence company for the energy, chemicals, metals and mining verticals. “We’re pleased to have completed the acquisition of WoodMac…
At the Offshore Technology Conference (OTC) in Houston, GE Marine is demonstrating its latest innovation in marine digital technologies with the launch of SeaStream Insight. The solution is powered by GE’s renowned Predix platform, currently saving millions of dollars for its customers…
NEOS GeoSolutions (NEOS) completed a neoSCAN study over an approximately 20,000sq km area of investigation (AOI) along the South Atlantic Margin. As part of this project, NEOS integrated and simultaneously interpreted several existing…
An American data analytics and risk assessment firm based in Jersey City has bought Edinburgh, UK-based energy and mining industry analyst Wood Mackenzie. Verisk Analytics has agreed to buy the firm for US$2.8 billion from owners Hellman & Friedman and other Wood Mackenzie shareholders…
GE Oil & Gas has unveiled its next-generation blowout preventer (BOP) program aimed at making 20,000psi (20ksi) subsea formations the next frontier in offshore oil and gas exploration. Current GE subsea BOPs are only rated for 15ksi. However…
Sonardyne Sentinel provides rapidly-deployable underwater security Maritime security company Sonardyne International Ltd. has successfully completed the installation of a Sentinel Intruder Detection System (IDS) onboard a drilling rig…
CGG announced today that Robertson, a CGG company specializing in geology, geophysics and reservoir engineering, has completed the first phase of its MERLIN+ source and reservoir facies prediction project initiated in April 2012. Global subscribers…
GE Oil & Gas is launching its next-generation SeaONYX blowout preventer (BOP) surface control system and operator interface at the 2013 Offshore Technology Conference (OTC). Designed for high-speed, reliable performance in the demanding deepwater drilling environment…
Tech talk. With the 44th Offshore Technology Conference in Houston just on the horizon, OE sought answers to the question, “What emerging technology will have a direct impact on the offshore market?” Our think tank had this to say: The…
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