Most workers don’t make anything real anymore – they make data. Daniel Brown, of Common Data Access, ponders whether the oil and gas industry can figure out how to turn data into profit. Images from iStock…
Operators have their sights set on digital, but it’s no walk in the park, from unravelling current operating systems to accessing the computing power needed. Elaine Maslin reports. Greg Hickey…
Maana’s Jeff Dalgliesh discusses a recent project with Chevron aimed at training a machine to understand how drillers describe problems encountered during operations. Image from iStock. Typically…
Kongsberg Maritime Inc., the North American division of Norway headquartered marine and offshore technology company Kongsberg Maritime, and Houston headquartered Stress Engineering Services have formed a strategic alliance to better serve…
Houston-based Flotek Industries and IBM have agreed to develop a cognitive reservoir performance system for the oil and gas industry. The new system uses IBM Watson Explorer technology to analyze Flotek’s proprietary oilfield chemistry research…
Mark Garnier MP, Parliamentary Under Secretary of State, has opened a Mission Control Center developed by ASV Global, an autonomous vessel technology developer, at its headquarters in Portchester, UK. This new center will be the hub…
Emerson Automation Solutions has launched the latest version of its reservoir management software suite - Roxar Tempest 8.0 - bringing reservoir engineers more tools to maximize the potential of their fields. The latest version features additional history-matching capabilities…
Satnam Shoker, of Step Change Engineering, details a new automated, streamlined process, which helps save time during brownfield modification work. Scan data of cooler inlet pipework imported directly into Autodesk Recap…
Baker Hughes has released its TerrAdapt adaptive drill bit, which can deliver dramatic improvements in drilling economics by using automation to mitigate downhole dysfunctions that cause inefficient drilling and costly tool failures. With self-adjusting depth-of-cut (DOC) control elements…
McDermott International plans to construct offshore production solutions in Saudi Arabia. McDermott signed a memorandum of understanding with Saudi Aramco for a long-term land lease at the new maritime facility at Ras Al Khair in Saudi Arabia…
A seismic shift – pun intended – has been made in ocean bottom node technology. It is being made more efficient and cheaper to deploy, bringing it closer to challenging the high-end towed streamer market. Elaine Maslin reports. Miniaturization…
Audrey Leon chats with Schlumberger, Baker Hughes and Weatherford to learn about the latest technologies available for artificial lift. Dedicated Schlumberger surveillance engineers monitor alarms to prevent or mitigate adverse events…
ABB has signed a project specific agreement for the safety and automation system with Statoil for the Johan Castberg offshore oil field development. Statoil has issued the first call-off from the agreement covering front-end engineering and design (FEED)…
Elaine Maslin examines how virtual reality goggles and augmented reality offshore platforms are quickly becoming part of the 21st century oil and gas industry. Simulation solutions. Photo from Aker Solutions…
Imagine a library where the books are written in a language so old, few alive can speak it; and the pages crumble to dust when turned. In data terms, this is the state of the UK oil industry’s 50+ years of exploration archives. Elaine Maslin reports on one project aiming to fix it…