Accurate 3-D visualization in the OGAVC will aid subsurface oil and gas extraction and carbon storage opportunities. Image from Heriot-Watt University. A major funding package from…
KBR and IBM have agreed to collaborate on the development of digital products and services to help oil and gas firms reduce costs and increase profit, reliability and safety. KBR says petroleum organizations require new levels of innovation…
Saipem has been awarded a new engineering, procurement, construction and installation (EPCI) contract for the subsea umbilicals, risers and flowlines (SURF) package for ExxonMobil's proposed Liza project. Located about 120mi offshore Guyana in 1800m water depth…
Centrica is planning a US$77.66 million (£60 million) investment in its operations in Morecambe Bay, in the East Irish Sea, off the west coast of England, to boost output. The campaign will unlock up to a further 3 Bcf of gas under the…
First oil is flowing from Repsol Sinopec Resources UK's Shaw field, part of the firm's Montrose Area Redevelopment (MAR) in the Central North Sea. Shaw has been developed as a subsea tie-back to a new bridge-linked production platform…
The first modules for Statoil's UK North Sea Mariner heavy oil field topside have set sail from Daewoo Shipbuilding & Marine Engineering's yard in South Korea. The Mariner field is on the East Shetland Platform, about 95mi (150km) east of Shetland and is being developed via a production…
According to a 29 March 2016 announcement, DONG Energy and Bayerngas terminated the contract for the engineering, procurement and construction (EPC) of the Hejre platform with the supplier consortium. Subsequently, disputes around the termination of contract arose…
ABS, a provider of classification and technical services to the marine and offshore industries, signed an agreement with Daewoo Shipbuilding and Marine Engineering Co. (DSME) to support safety and apply class guidance to a conceptual floating liquefied natural gas (FLNG) unit…
ABS, a provider of classification and technical services to the offshore industry, is working with industry to improve efficiencies in offshore development. “ABS is working on multiple fronts to help the offshore industry find efficiencies and streamline operations…
Siemens will deliver advanced digital solutions for Aker BP’s future field development projects as part of a long-term partnership between the two companies focused on the design, supply and installation of electrical, instrumentation, control…
Gall Thomson, a provider of marine breakaway coupling (MBC) technology, has developed an enhanced version of its Petal Valve MBC for the offshore hydrocarbon transfer market. Petal17 is 20% lighter than the mean average weight of its…
Schlumberger (SLB) has released their new SpectraSphere fluid mapping-while-drilling service at the 2017 Offshore Technology Conference in Houston, Texas. The service delivers downhole fluid composition during drilling with real-time pressure measurements-while-drilling…
Xvision Software has developed FieldAP, a 100% cloud-based technology for the energy industry providing offshore project managers with an online tool for visual field development, digital planning and cost containment. According to Xvision…
Baker Hughes (BHI) has introduced its DEEPFRAC deepwater multistage fracturing service, which aims to save operators hundreds of millions of dollars in offshore developments through efficiency gains across the completion phase. Using multiposition sleeves and patented flowback control technology…
Offshore Technical Compliance (OTC), a provider of compliance related services, has acquired Northwest Technical Solutions (NWTS) as a wholly-owned subsidiary, extending the efficiency and reach of its offshore services. The acquisition of NWTS…