Kraken Robotics' OceanVision marine technology development project will move forward with conditional approval – and millions in funding – from Canada's Ocean Supercluster.The three-year, $20 million project is being spearheaded by Kraken subsidiary…
Fully-automated drilling aboard a semisubmersible or jack-up drill rig powered by batteries has just become a reality. As May 2019 got underway, new, modern rigs were being ordered on more exploration, and no fewer than eight modern rigs — seven…
The huge changes made in the industry since the downturn in 2014, through to the challenges that lay ahead and some of the solutions that could help solve them, were set out by a top tier line up ranging from oil major heads of macroeconomics…
Partners DNV GL, Kongsberg Maritime and Subsea 7 have concluded the pilot testing of Kongsberg Maritime’s (KM) DP Digital Survey (KMDS) application on board the Subsea 7 vessel Seven Kestrel.The pilot tested the use of a remote digital verification…
US-based subsea robotics firm Houston Mechatronics, Inc. (HMI) said it has set out to develop Artificial Intelligence (AI) powered robotic hands for subsea manipulators, under a recent award from the Office of Naval Research (ONR).As technology matures…
A new, state-of-the-art semi-submersible drilling rig being built by Keppel Offshore & Marine for Awilco Drilling will feature an integrated equipment suite from Kongsberg Maritime.Kongsberg said the milestone order from Keppel is its first…
Austria-based integrated oil and gas company OMV ad Norway-based exploration and development company Aker BP have committed to share digitalization competencies and technology across borders and advancing both companies’ digital agendas.Together…
An online prediction tool is being developed to help operators calculate the operational risk of a hydrate blockage in subsea gas condensate systems in real time.Ice-like methane hydrates, which form inside the pipe and can eventually build up to create a blockage…
Autonomous installations have the potential to save operators money by enhancing operational stability for more uptime and increased safety. Achieving those benefits requires confidence from companies and regulators. Companies like ABB are part…
Services company Schlumberger said on Monday it has renewed and expanded its agreement with Google Cloud to develop cloud-native exploration and production (E&P) applications to help its customers derive actionable insights from data and harness…
Norwegian offshore engineering company Aker Solutions has launched a new software and digital services company called ix3 that it says will enable operators to accelerate field development projects and optimize asset performance.At the core…
An industry-first partnership aims to enable better, more reliable connectivity on board offshore drilling rigs, marking a key step for the implementation of new and expanded digital services.Oceaneering International and Pacific Drilling announced…
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…
ABB Chief Executive Ulrich Spiesshofer has quit the Swiss industrial group as the board and major shareholders look for a speedier turnaround at the maker of industrial robots and supplier of factory automation.Spiesshofer’s abrupt exit follows…
Arja Talakar has been appointed CEO of Siemens Oil & Gas, effective April 1, 2019. He will be based in Houston.Talakar brings to this position extensive leadership experience. Prior to taking this new role, he was responsible for Siemens Saudi Arabia…
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