Offshore Technology News - page 110


Using AI to Unlock Oil and Gas 'Treasure Trove'

Sep 04, 2019

Researchers aiming to help operators maximize recovery are using artificial intelligence (AI) to unlock a vast amount of rw data collected by the oil and gas industry. The Intelligent Data Quality Improver (IDQI) project, an initiative involving…

Schlumberger CEO Outlines Digital Strategy

Sep 04, 2019

Schlumberger NV's newly-appointed Chief Executive Officer Olivier Le Peuch on Wednesday outlined his vision for the world's largest oilfield services company, vowing to exit unprofitable businesses, restructure some units and focus on returns…

Fred. Olsen: A BOLT from the Blue

Sep 04, 2019

Fred. Olsen has been working on a wave energy design called BOLT. It’s based on a floating platform attached to the seabed via moorings that are in turn attached to a specialized winch line product, which wind in and out of winches (one to three…

SMD Introduces New Work Class ROV

Sep 03, 2019

A new work class remotely operated underwater vehicle from SMD introduces electric drive technology to the subsea sector in a modular packageThe new Quantum EV ROV prototype, showcased at Offshore Europe in Aberdeen this week, is equipped with a new 25kW high power electric thrust system…

Schlumberger Unveils TerraSphere

Sep 03, 2019

A new high-definition dual-imaging-while-drilling service from Schlumberger has been introduced to overcome geomechanics-related challenges and provide geological characterization in real time.The new service, TerraSphere, introduced at the…

BHGE Deploys Downhole Intelligent Wet-Mate System

Sep 03, 2019

Baker Hughes, a GE company (BHGE), said it has deployed its downhole intelligent wet-mate system, which enables real-time production monitoring and control of the completion system across the entire wellbore in multi-trip completions.Deployed…

A Piece of the Puzzle

Sep 03, 2019

As technological advancements continue, subsea processing equipment such as gas compression – now moving beyond Norwegian waters for the first time – may prove to be an increasingly important piece of the offshore production puzzle.“The overall subsea landscape is changing radically…

Saipem: Moving from Concept to Reality

Sep 03, 2019

In June, the Hydrone R started a six-month trial in Saipem’s underwater “play park” near Trieste, northeast Italy. Later in the year, or early next year, its FlatFish design is also expected to enter the water, ahead of deep-water trials in 2021…

OPT: Powering Autonomy

Sep 02, 2019

In some cases, resident underwater vehicles may not have access to power, so alternative power sources may be needed.New Jersey, US, based Ocean Power Technologies (OPT) has been a leading company in this area, working with Italian oil company Eni…

Welaptega Appoints New General Manager

Sep 02, 2019

Underwater inspection provider Welaptega said it has appointed a new general manager for its global business.Tyler de Gier has been promoted to the role from within the company and will be based in the company’s headquarters in Halifax, Canada…

Saab Seaeye: Doing It for Real

Sep 01, 2019

Sweden’s Saab Seaeye has been one of those driving the vehicle side of the subsea resident vehicle equation – for at least 10 years.The firm has some 50% of the world market of electric remote operated vehicles (ROV) and it has delivered more than 1…

Rovco Nets $12.8 Mln in 12 Months

Aug 29, 2019

Subsea technology company Rovco announced that it has generated £10.5 million ($12.8 million) of sales and awards through technology provision, research grants, data collection, and surveying projects over the last 12 months.The Bristol-headquartered company…

Oceaneering to Relocate in Aberdeen

Aug 29, 2019

Oceaneering announced it will combine seven Aberdeen properties into one office location and a new, purpose-built workshop, in a move to streamline operations and drive cost efficiencies.The 50,000-square-foot office in Aberdeen International…

ADNOC Embraces Digital to Reduce Offshore Personnel

Aug 29, 2019

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…

Borr Drilling Inks Deal with RigNet

Aug 28, 2019

Networking solutions provider RigNet announced on Wednesday that it has signed a multi-year agreement with Borr Drilling to exclusively provide enhanced managed communication services on any band (C, Ku or Ka) on all of the offshore drilling…

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