Technology News


First Jack-up Certified Cyber Secure

Nov 15, 2018

New cyber security standard for newbuild offshore unitsABS said it has awarded a Cyber Security-Ready (CS-Ready) Notation to a jack-up drilling rig built by Sembcorp Marine, marking a first-of-its-kind certification for an offshore facility…

Offshore Platforms Controlled from Land

Nov 15, 2018

Aker BP said it will become the first oil company in Norway to control operations of a permanently manned offshore platform from land from next year.Operating platforms remotely can be done with fewer staff than doing it offshore and other oil…

ABS and Sembcorp Marine Pioneer Cyber Security Standard for New Vessels

Nov 15, 2018

The global provider of classification and technical advisory services to the marine and offshore industries ABS awarded a Cyber Security-Ready (CS-Ready) Notation to a Sembcorp Marine jack-up drilling rig built to its proprietary Pacific Class 400 design…

PGS Sells OptoSeis to Geospace Technologies

Nov 14, 2018

Norwegian marine geophysical company PGS said it has sold its OptoSeis fiber optic sensing technology business to Houston based Geospace Technologies.The transaction includes an initial cash payment at closing of $1.8 million, plus contingent cash payments of up to an additional $23…

Targetless Laser Sensor for Offshore Wind Farms

Nov 14, 2018

The SceneScan Monopole laser sensor has been developed for offshore wind farm applications to eliminate the need for installing fixed reflective targets.This technology was designed and developed by Guidance Marine (acquired by Wärtsilä in 2017)…

Subsea Vision & Photogrammetry Lab Formed

Nov 14, 2018

Offshore robotics company FORSSEA ROBOTICS chose GMS as main technical partner to certify its real-time visual positioning technologies. A joint laboratory will be created to develop a common offer covering camera calibration, subsea image treatment and innovative photogrammetry solutions…

New Downhole Sensing System

Nov 14, 2018

Downhole sensing technology specialist Well-SENSE has launched its latest FiberLine Intervention (FLI) development, Active FLI at ADIPEC.“Earlier this year, we secured significant investment from Saudi Aramco Energy Ventures (SAEV) which has…

TechnipFMC Inks Deal with Chevron

Nov 14, 2018

TechnipFMC announced on Wednesday it has signed a five-year Surface Technologies Frame Agreement with Chevron to cover the exclusive supply of surface wellhead equipment and service in the U.S. and Canada.Richard Alabaster, President of TechnipFMC’s Surface Technologies business…

New Well Testing Technology

Nov 14, 2018

New technology from Schlumberger delivers well testing performance data in real-time.Schlumberger has introduced well testing live performance technology at the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC). The new technology…

Mero Field: Ultra-Deepwater Challenges

Nov 13, 2018

A range of cutting-edge technologies, including specialized drilling equipment, custom subsea systems and purpose built floating production storage and offloading (FPSO) units, help Brazilian national operator Petrobras and its partners tackle…

Artificial Intelligence Aids Subsea Object Detection

Nov 13, 2018

A developer of real-time 3D sonar technology and real-time subsea intelligence has launched a new product that uses artificial intelligence (AI) to automatically detect and recognize distinct underwater objects.Coda Octopus announced Tuesday…

Largest-ever Bismuth Plug Deployed

Nov 13, 2018

Metal-to-metal downhole sealing solutions provider BiSN said it recently deployed the largest-ever bismuth plug in the Valhall A-30 well, Norway, in conjunction with AkerBP and Altus Intervention.BiSN’s Wel-lok M2M technology – which can be…

New Ethernet Cable from TE

Nov 13, 2018

TE Connectivity (TE) introduced its Raychem Cat 5e cable that offers high-performance Ethernet connectivity at speeds up to 1-Gb/s in harsh military, marine and aerospace environments.The Cat 5e cable makes use of high temperature fluoropolymers…

GE to Sell Portion of Stake in Baker Hughes

Nov 13, 2018

General Electric Co is selling a portion of its stake in oilfield services provider Baker Hughes, the U.S. industrial conglomerate said on Tuesday, its latest move to raise cash and repay debt.GE, which bought Baker Hughes in July 2017, has…

Digitalization Can Save Upstream Business $73 Bln a Year

Nov 12, 2018

Energy firms could save an annual $73 billion within five years in oil and gas exploration and production by making better use of existing computing technology, energy consultancy Wood Mackenzie said.Exploration and production, known as the upstream industry…

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