The future of the oil field is digital.Qasem Al Kayoumi, ADNOC’s SVP, technical center, said all the company’s new field developments will rely on digital technology. Speaking at the Life 2019 Landmark Innovation Forum & Expo in Houston, he…
Oilfield services company Schlumberger said it will open source its data ecosystem and contribute to The Open Group Open Subsurface Data Universe (OSDU) Forum to accelerate the delivery of the OSDU Data Platform.The OSDU Forum is an international forum of oil and gas operators…
Australia's largest oil and gas operator Woodside Energy will leverage Schlumberger's DELFI cognitive cloud-based software environment in an effort to increase consistency, reduce study cycle time and foster innovation in its subsurface characterization and development activities…
Houston-based networking solutions provider RigNet announced on Tuesday that Brazil’s Ocyan has signed a multi-year agreement and selected Intelie Live, RigNet’s machine learning-based analytics platform, to be used at its Drilling and Marine Operational Support Center (CSD)…
New offshore drilling safety technology has been developed to monitor and provide advanced warning of potential risks in the “Red Zone”, the area of the rig floor where heavy drilling equipment operates and the risk of injury is highest.Vision IQ…
A group of projects worth more than £1.3 million ($1.6 million) aims to develop new innovative technologies for use in offshore drilling operations.With the help of £640,000 ($772,000) in co-funding from the Oil & Gas Innovation Center (OGIC)…
An Aberdeen-based provider of predictive analysis services said it has secured a new multimillion-dollar contract with CNOOC for digital services across the company’s assets on the UK continental shelf (UKCS).OPEX Group's three-year contract with CNOOC Petroleum Europe Limited…
Björn Rosengren has been appointed as the new chief executive officer of ABB, the Swiss engineering and technology company announced on Sunday.Rosengren, a Swedish citizen, will join ABB on February 1, 2020 and succeed CEO, Peter Voser, in this role on March 1…
Oilfield services company Weatherford said it has integrated Microsoft's Power BI business analytics service into its ForeSite production optimization platform, in a move to enable customized, asset-level operational insight.The Power BI features…
Siemens said it has signed a five-year frame agreement with BP to support the UK supermajor as one of its main electrical contractors for future onshore and offshore upstream projects globally.The deal allows BP access to Siemens technology…
US based technology company Emerson said it has completed its $48 million contract for automation systems and cloud engineering software-as-a-service for the Shah Deniz 2 project in Azerbaijan and is fulfilling an ongoing five-year services contract to help ensure reliable…
The business case for investing in new technology is much more than simply looking for new capabilities on the promise of greater efficiency and lower costs. Lee Clarke of Dynama advocates considering the bigger picture and explains why it pays…
Fugro said it has provided remote positioning services on board a floating production storage and offloading (FPSO) vessel for Bluewater during a scheduled subsea inspection, repair and maintenance campaign in the North Sea.The recent week-long…
Senior representatives from “thought leaders” ABS, DNV GL and Lloyd’s Register weigh in on some of the top class and regulatory issues facing the offshore industry today, from decommissioning and decarbonization to cyber security, unmanned surface vessels and beyond…
Technology company ABB said it will support Norwegian oil and gas producer OKEA in an effort to achieve productivity gains using agile and dynamic business models, looking at areas such as autonomous operations, digital solutions and advanced services…