Global oil and gas executives are preparing to accelerate their investment in digital technologies, primarily as they seek to double down on their cost-saving ambitions.An EY survey of 100 global oil and gas executives found that 89 percent…
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…
Fifteen people have been rescued from a liftboat that lost power and is listing and taking in water in the U.S. Gulf of Mexico.The master of the 134-foot liftboat Ram XVIII reported on Sunday that the vessel had a 45-degree list and no power…
The Industry Technology Facilitator (ITF) and Akselos have announced they will work together to investigate the potential to revolutionise asset management in the oil and gas industry. The initiative will bring a joint industry project (JIP) to ITF member companies and beyond…
Azinor Catalyst spudded the 14/11a-2 well on the Partridge Prospect today (15 August), with plans to immediately follow with the drilling of an appraisal well at Agar, offshore the UK. Map of Partridge…
Statoil is establishing a digital center of excellence and launching a roadmap with seven specific programs for digitalization in the company towards 2020. Digitalization will help improve the safety, security and efficiency of Statoil operations…
Greg Myers, of GE Oil & Gas, explains how the digital transformation of offshore assets enables a competitive advantage by reducing excessive inspection and maintenance costs and increasing uptime with real-time operational data. Fig…
Semco Maritime is conducting a heavy lift for the 147-room complete hotel module on board the Maersk Guardian to finalize a major conversion of the upcoming hotel rig. Image of the Maersk Guardian…
Electromagnetic Geoservices (EMGS) has ended a charter contract for the EM Leader, as its vessel utilization increased in Q2 2016, compared to last year. The EM Leader, from EMGS. The…
Riyaz Ali from Emerson Process Management describes the problems and possible solutions for testing the final control element of Safety Instrumented Function loops. Accidents in process industries have created concern as to whether functional safety protects personnel…
GE Oil & Gas and Technip have entered into a memorandum of understanding (MoU) for a joint project to explore areas to co-develop digital solutions for the LNG industry, with a particular focus on the design and build phase of new liquefied natural gas (LNG) projects…
Dana Petroleum awarded Fugro to supply ROV drilling support services on board the Ocean Guardian MODU at the Dana-operated Western Isles developments in the northern North Sea. Operating one of its fleet of FCV 600 ROVs, specifically designed for North Sea drill support activities…
Asset Guardian Solutions Ltd. (AGSL), which specializes in protecting companies’ process control software assets, announced that Total has selected its software management platform Asset Guardian. The software will help to secure the integrity…
Dana Petroleum awarded Atlantic Offshore an emergency response rescue vessel (ERRV) contract to support the Ocean Guardian semisubmersible in the UK North Sea. Atlantic will use its Ocean Sprite ERVV in the contract, which is for two wells estimated at 70 days each…
Maersk Drilling has been awarded a contract with Maersk Oil for the jackup rig Maersk Guardian for accommodation on various fields in the Danish part of the North Sea. The firm contract duration is five years with commencement in September 2016…