Singaporean rig- and shipbuilder Seatrium has tapped the American Bureau of Shipping (ABS) to class a pair of floating production storage and offloading units (FPSO) being built for Brazil's state-owned Petrobras, the classification society announced…
Offshore engineering and technology services provider Acteon has secured operations and maintenance (O&M) work comprising integrated structural health and motion monitoring, and a structural response digital twin for the Kincardine offshore wind farm…
Indonesian branch of Malaysian national oil company Petronas has awarded energy and marine consultancy ABL a contract to provide rig inspection services to its assets operating offshore Indonesia.The contract is valid for one year, with an optional one-year period extension…
Oceaneering International has signed a strategic collaboration agreement with Global Design Innovation (GDi) to deliver digital asset management solutions for asset-intensive industries such as oil and gas, utilities, and power generation. The…
SLB has announced an investment and technology partnership agreement with Geminus AI that will give SLB exclusive access to deploy the first physics-informed artificial intelligence (AI) model builder for oil and gas operations.The Geminus model…
Ryan Conger, Technical Sales Manager for APM at ABB Energy Industries, explains how reactive asset performance management (APM) has evolved into APM 4.0, and why partnering with a trusted technology provider can help oil and gas operators avoid costly downtime and maximize profitability…
Digital twin technology firm Akselos has signed a multi-year contract with FPSO-leasing firm Yinson Production, and the Brazilian oil firm Enauta to deploy Akselos' Digital Twin technology on the ABS-classed Atlanta FPSO in Brazil's Santos Basin…
Kongsberg Digital’s Brian Sidle identifies the top ten things to consider when choosing a provider for cloud-based digital twins in the energy sector.The energy sector’s heavy asset operators stand to benefit greatly from a cloud-based digital twin…
Shell Ventures and Idékapital have invested $90 million in Kongsberg Digital, a business area within Norway's KONGSBERG.The funding and new investors will support and accelerate the future growth and development of Kongsberg Digital. The investment…
Kongsberg Digital said Tuesday it had 'significantly' increased its investment in FutureOn, a Norwegian software company that provides cloud-based digital transformation tools for the offshore energy industry.'The value propositions of FutureOn and Kongsberg Digital are highly complementary…
Oil and gas firm Neptune Energy will create new “digital twins” of two offshore platforms in the Dutch North Sea, expanding its portfolio of digitized assets to 14. The twins enable engineers to carry out traditional offshore work from an onshore location…
Kongsberg Digital said Monday it had entered a five-year deal with Shell to digitalize its global assets using Kongsberg Digital's digital twin technology.The Norwegian company said the contract was an amendment to the framework agreement signed in 2020…
Kongsberg Digital has entered into a strategic agreement with the integrated energy company Chevron Technical Center, a division of the U.S. oil major Chevron, to digitize its global assets using Kongsberg Digital's digital twin technology. The agreement includes a multi-year commitment…
Kongsberg Digital has launched its Industrial Work Surface, which aims to 'fundamentally change how carbon-intensive industries operate by enabling the company’s software users to work within a single digital environment.''By providing end-to-end user workflows…