Senergy will receive patented geosteering software designed by operator Apache as part of a co-operative software development agreement. The technology package, including the innovative PetroSleek geosteering tool, will be used within Senergy's…
For all the recent technology developments, project management methodologies, and innovations in the offshore oil & gas supply chain, completing major capital offshore projects on time, on budget and to exact specifications remains a considerable challenge…
New software developed by naval architects and marine engineering consultants Safety at Sea to address the International Maritime Organization's challenging regulations on a ship's safe return offers potential for aspects of offshore vessel design…
Schlumberger’s Petrel 2012 E&P software platform release is designed to strengthen integration between geophysics, geology and reservoir engineering, including systematic exploration risk assessment, pre-stack seismic workflows, and efficient reservoir simulation results analysis…
The 2012 release of the deepwater knowledge base, ReservoirKB, has been announced by global energy consulting firm Knowledge Reservoir. Hailed as ‘the most comprehensive knowledge base for exploration and appraisal geoscientists and engineers in the deepwater Gulf of Mexico region’…
Landmark Software & Services has acquired the assets of finite element reservoir modeling technology provider Object Reservoir.
Unmanned maritime system software specialist SeeByte has opened an office in San Diego.
CodaOctopus and its Dutch agent Nautikaris recently provided positioning and survey services to Deep BV for the installation of a power cable at the Thornton Bank wind farm off the Belgian coast. It was the first time the Echoscope had been…
Apax Partners in conjunction with JMI Equity have agreed to acquire oil & gas focused software vendor Paradigm for around $1 billion in an all-cash transaction. Simmons & Co International advised Apax.
Andrew McBarnet offers this kaleidoscope of impressions from a major gathering of the geoscience community.At the end of any big industry event like last month's annual conference and exhibition of the European Association of Geoscientists & Engineers (EAGE) in Copenhagen…
With the 2012 Atlantic hurricane season well under way, Weather Research Center's Jill Haslings discusses key learnings from the super storms of the past decade and how the Freeman/Hasling Damage Potential Scale can help the oil industry better understand the threat from the Gulf hurricanes to come…
Schlumberger has acquired Gedco, a Calgary-based provider of integrated geophysical survey design software and services. Gedco, which becomes part of the WesternGeco business unit, developed the OMNI 3D seismic survey design and modeling system and the VISTA 2D/3D seismic data processing package.
Dolphin Geophysical has purchased the entire stock of US seismic processing software specialist Open Geophysical. OGI’s newly developed software is already being used on Dolphin’s Polar Duchess for real time quality control of acquired data and in the company’s new London processing centre.
Subsea 7 is considering a potential future spinoff and listing of common shares in Veripos, its wholly-owned indirect subsidiary supplying GNSS positioning solutions for the offshore oil & gas industry.
Schlumberger has entered into an agreement with Altor Fund II to acquire SPT Group, a privately owned Norwegian software company specializing in dynamic modeling for multiphase flow and reservoir engineering applications.