The second class of global start-up companies selected to participate in the Techstars Energy Accelerator, Norwegian energy company Equinor announced on Tuesday.The 10 start-ups within oil and gas, renewables, new business models and digitalization…
Access to and use of additive manufacturing (AM), also known as 3D printing, has increased in recent years due to the expiring of patents on techniques and technologies, says Hugues Greder, Lead Petroleum Engineer at Total.Computing power is…
In June, independent global completions service company Tendeka announced it had secured the world’s largest sand and inflow control contract for the Troll field on the Norwegian continental shelf (NCS).The four-year contract with Equinor will…
Franco-American oil services firm TechnipFMC Plc said on Monday it would spin off its engineering and construction operations into a separate company, leaving it as a technology-focused equipment supplier to oil and gas companies.TechnipFMC…
New research delivered in partnership with the Oil & Gas Technology Centre (OGTC) and Robert Gordon University (RGU) has reached a milestone in understanding the psychological processes that govern technology adoption and deployment decisions…
Engineering and industrial software company AVEVA announced that Worley has selected AVEVA’s Enterprise Resource Management solution as its preferred materials management platform. The partnership combines Worley’s engineering, procurement…
The inherent risk associated with working in an offshore environment for oil, gas and wind energy production means transfer methods must fully consider and overcome challenges such as wind speed, sea state, visibility, temperature and vessel…
US-based ocean energy solutions company Ocean Power Technologies (OPT) said it has deployed a PB3 PowerBuoy to serve as an autonomous intelligent platform to provide communications and remote monitoring services for its customer Premier Oil…
Using produced liquids in a wireless completionTendeka’s PulseEight re-deployable wireless completion systems have been deployed in a number of areas to carry out downhole functions. The PulseEight Ambient Valve has recognized safety incidents…
The subsea market in 2019 will experience year-on-year growth for the first time since 2014. But the positive outlook is vulnerable to any significant decline in oil prices over the next few years, according to analyst Rystad Energy.“We expect the subsea market to thrive during the coming years…
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…
Equinor will receive a 2.33 billion Norwegian crown ($260 million) subsidy for its planned construction of floating wind turbines to supply power to North Sea oil platforms, Norwegian state investment agency Enova said on Thursday.Equinor says…
Well control and engineering services company Wild Well Control said it has added a new 10,000 psi-rated capping stack to its WellCONTAINED group of subsea containment equipment.The 10,000 psi-rated (10K) stack is rated to water depths of 10…
Norwegian downhole technology company Well Conveyor said it has received equity investment from Chevron Technology Ventures (CTV), a division of Chevron U.S.A. Inc. Combined with additional investments from existing investors ProVenture and Investinor…
Fluid transfer systems provider FES International said it has secured four new orders to deliver is Diver Bend Stiffener Connectors (DBSCs) to projects across Asia, Africa and Europe.The 31 DBSCs will be supplied for projects taking place in the Johan Castberg field in the Barents Sea…