Schlumberger signed a contract worth over $200 million with oil major Equinor to manage an offshore rig as part of a drilling program in Brazil's offshore Campos oil basin, a person familiar with the matter said on Thursday.The deal would be…
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…
Classification society ABS introduced remote surveys in an effort to drive safety performance and productivity for clients using digital technologies.“Our global workforce delivers unparalleled responsiveness to meet our clients’ needs; however…
ABS awarded GE Service Provider recognition for GE’s Marine Solutions’ SeaStream Insight—a data analytics-informed solution that provides health and performance monitoring of rig equipment via a digital twin—enabling condition-based maintenance on ABS classed rigs…
Norway's oil industry must harness digital technology and foster deeper partnerships across the sector to contain rising costs, Petoro, which manages the government's stakes in the country's offshore fields, said on Thursday.Executives of oil…
A new web-based tool is being used for the first time offshore for collecting, systematizing and presenting safety critical information on the Goliat platform in the Barents Sea.The system, developed by Eni Norge in cooperation with Safetec and SINTEF…
An Aberdeen-based predictive technology firm Operational Excellence (OPEX) Group has signed a five-year master service agreement (MSA) with US Gulf of Mexico operator Cantium. It's the first international agreement for the firm, which…
UK subsea industry body Subsea UK is working with Scottish Enterprise to promote research and development projects between Japan and Scotland, aimed at solving complex subsea challenges, particularly through use of digital technologies. The…
Schlumberger today (9 November) inaugurated the newly expanded reservoir rock and fluid analysis laboratory located in Houston, Texas. The state-of-the-art lab enables petrotechnical experts to better leverage physical and digital rock and…
Halliburton announced today (9 November) that it worked with the Akwa Ibom state government to inaugurate and open Nigeria’s first oil and gas training center fully-equipped with oilfield operations tools. The Akwa Ibom Oil and Gas Training…
Stampede subsea layout. Photo from Hess. A combination of LEAN business practices, technology, and a digital approach will enable Hess to bring online its Stampede tension leg platform project…
Schlumberger unveiled the new DELFI cognitive E&P environment at the SIS Global Forum today (13 September), which enables collaboration across exploration and production (E&P) teams and leverages the full potential of all available data and science to optimize E&P assets…
The fact that the design of offshore oil and gas platforms has remained largely unchanged for the past 40 years indicates the oil and gas industry’s slow progress in adopting not only new technology, but new design and business models. Industry…
The oil and gas industry has the data and the drive to pursue digital technology, but lacks a coherent strategy to fully digitalize its operations. Karen Boman reports from Halliburton's Landmark Innovation Forum and Expo (LIFE) in Houston…
BP Ventures, Schlumberger Ventures and GE Ventures have agreed a US$6.5 million (£5 million) investment into metal-to-metal downhole sealing solutions firm BiSN. Under the terms of the investment, BiSN and BP Ventures will work together to develop a commercial portfolio of technology…
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