Offshore Software News - page 8


Seabed Acquisition Seeing Healthier Spend

Feb 08, 2019

The seismic market is rebounding in fits and starts from its low point a year ago, and seabed acquisition is seeing a healthier spend than towed streamer acquisition, according to ION.“The seabed acquisition business was growing well before the downturn…

Oil Spill Calculator Predicts Oil Movements

Feb 01, 2019

The Deepwater Horizon oil spill changed a lot of the thinking about subsea blowouts, including how to predict the movement of the oil and gas.“One thing that was clear early on during the Deepwater Horizon was that dissolution of oil into water was a major process…

Baker Hughes Adjusted Profit Surges 85%

Jan 31, 2019

Baker Hughes, General Electric Co's oilfield services arm, posted an 85 percent jump in adjusted quarterly profit on Thursday, boosted by surging demand for its services.Unlike rivals Schlumberger NV and Halliburton Co, Baker Hughes has less exposure to the North American pressure pumping sector…

BP Invests in New AI Technology

Jan 28, 2019

BP has invested further in artificial intelligence (AI) technology as part of an effort to accelerate project lifecycles, from exploration through to reservoir modeling.The super major announced Monday that its technology investment arm BP Ventures…

BP Goes Global with Seismic Tech

Jan 18, 2019

Buoyed by the success of seismic imaging that found an extra billion barrels of oil in the Gulf of Mexico, BP is looking to take its latest technology to Angola and Brazil.The software used in the Gulf, based on an algorithm created by Xukai Shen…

Schlumberger Sees International Growth in 2019

Jan 18, 2019

Schlumberger NV on Friday reported quarterly revenue that topped estimates and forecast single-digit growth in international markets this year even as crude prices have tumbled roughly 30 percent since October.With the drop in oil prices many producers were evaluating spending budgets for 2019…

Wellit Partners with Norvestor

Jan 11, 2019

The owners of software company Wellit have decided to sell 60 percent of company shares to private equity company Norvestor.Wellit develops logistics solutions for the global oil and gas industry. Its software, WELS, is a cloud-based multi-tenant platform tailored to the oil and gas industry…

ExxonMobil, IBM Partner on Quantum Computing

Jan 08, 2019

Oil supermajor ExxonMobil announced Tuesday it has signed a partnership agreement with technology giant IBM to advance the potential use of quantum computing in developing next-generation energy and manufacturing technologies.The agreement sees…

Sphera Acquires Petrotechnics

Jan 08, 2019

Sphera, a provider of integrated risk management software and information services with a focus on operational risk, environmental health and safety and product stewardship, announced it has acquired Petrotechnics, a provider of operational risk software for hazardous industries…

SeaRoc Supports Merkur Commissioning

Jan 03, 2019

Marine Coordination Services BV will utilize SeaPlanner software during all operational marine coordination activities for commissioning of the 396MW Merkur Offshore Wind Farm.The marine management system has been selected as part a strategic partnership between U…

Seacat Services Digitizes Its Fleet

Dec 13, 2018

U.K.-based offshore energy support vessel (OESV) operator Seacat Services has installed advanced remote monitoring systems across its fleet in an effort to glean a new level of insight into the operational performance of its vessels.‘Digitalization’ of operational practices…

Notorious Virus Suspected in Saipem Cyber Hack

Dec 12, 2018

A hack on Italian oil services firm Saipem that crippled more than 300 of the company's computers used a variant of the notorious Shamoon virus, Saipem said, a development that links the case to a massive attack in 2012 on Saudi Aramco.'The cyber attack hit servers based in the Middle East…

Grant Spurs Oilfield Data Processing Tech Development

Dec 11, 2018

A recent grant award from the Oil & Gas Innovation Center (OGIC) in the U.K. aims to spur the development of automated data analysis technology for on- and offshore oilfields.Chemical monitoring and management solutions specialist LUX Assure…

Saipem Suffers Cyber Attack

Dec 10, 2018

Italian oil services company Saipem said it had identified a cyber attack out of India on Monday that had primarily affected its servers in the Middle East.'We are collecting all the elements useful for assessing the impact on our infrastructures…

Siemens, Aker Solutions Partner on Digital Tech

Dec 03, 2018

Siemens and Aker Solutions have agreed to further develop digital offerings in engineering, operations and services.The collaboration agreement, which builds on a long-standing relationship, focuses on the creation of software applications and…

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