Sonardyne reports successfully providing remote Fusion 2 survey operations capability on a live subsea construction campaign in the U.S. Gulf of Mexico.Using its new Remote Operations Access Module (ROAM), Sonardyne surveyors based in the UK…
Offshore drilling contractor Stena Drilling has awarded a 'six-figure' fleet-wide deal to cloud reporting and analytics firm Independent Data Services, which will deploy solutions for near-real time rig and fleet-wide performance benchmarks…
The Coronavirus and a surge of available connectivity means take up of new E&P technologies is stronger than ever, writes Tore Morten Olsen, President, Maritime, Marlink.The oilfield of the future is a concept that was emerging before the Coronavirus…
The slowdown of the world economy and plummeting energy consumption have eclipsed most other industry news. Oil exporting countries are coming to terms with limiting production to sustain reasonable prices, and operators are looking for ways to improve efficiency…
Industries are adapting to an increasingly digitalized landscape. The floating production, storage and offloading (FPSO) industry is no different. As concerted efforts are made to improve project economics Matt Tremblay, ABS Senior Vice President…
One of the world's largest maritime classification societies American Bureau of Shipping (ABS) on Tuesday launched a web-based digital platform that 'delivers real-time data-driven insights to improve fleet efficiency, reduce costs and help manage risks…
The oil and gas industry is currently enduring one of the most challenging periods in its history. The impact of the COVID-19 pandemic significantly accelerated an existing decline in global demand for hydrocarbons, resulting in the lowest oil prices for 30 years…
Oilfield services firm Halliburton will design and implement a series of digital transformation projects aimed at boosting production from Thailand-based PTTEP's offshore oil fields.Halliburton said Tuesday that it had won a contract to deliver…
Oil and gas company on Tuesday announced Neptune Energy a new partnership with 3D technology specialist, Eserv, as part of the ongoing digitalization of Neptune’s assets including its operated Cygnus gas platform in the UK southern North Sea…
Tech company Kinemagic, focused on developing augmented reality solutions for heavy industrial companies, has recently launched Stratus, a 3D VR/XR software solution that the company promises will shake up the digital twin industry. Stratus…
The Egyptian Ministry of Petroleum and Schlumberger introduce the Egypt Upstream Gateway, a unique and innovative national project for digitizing subsurface information and delivering a digital subsurface platform to ensure Egypt's subsurface data is kept evergreen…
The global oil and gas industry can save as much as $100 billion through automation and digitalization in the 2020s, energy research firm Rystad Energy said.'As much as $100 billion can be eliminated from E&P upstream budgets through automation and digitalization initiatives in the 2020s…
In an Industry first, the provider of classification services to the offshore industry ABS partnered with Keppel Offshore & Marine (Keppel O&M) in developing the first two new build Drilling Rigs with Smart Notations.One of the rigs, which was delivered earlier this year for work in offshore Mexico…
Starting in late September, Kraken Robotic Systems will deploy its sensors and unmanned underwater platforms to conduct ultra-high definition seabed imaging and mapping on the Grand Banks of Newfoundland and other areas of Atlantic Canada, as…
There has been a growing interest among oil and gas companies in adopting the Industrial Internet to improve sustainability and market competitiveness, said a study.According to data and analytics company GlobalData the upstream sector is witnessing…