Digitalization News

 

Kinemagic's Stratus Speeds Up Digital Twin Creation

Feb 24, 2020

Tech company Kinemagic, focused on developing augmented reality solutions for heavy industrial companies, has recently launched Stratus, a 3D VR/XR software solution that the company promises will shake up the digital twin industry. Stratus is an automated software program designed to save users’ time and money by identifying more design flaws before construction begins.According to Kinemagic, Stratus…

Schlumberger Intros Egypt Upstream Gateway

Feb 12, 2020

The Egyptian Ministry of Petroleum and Schlumberger introduce the Egypt Upstream Gateway, a unique and innovative national project for digitizing subsurface information and delivering a digital subsurface platform to ensure Egypt's subsurface data is kept evergreen…

Digitalization: Oil Industry Could Save up to $100Bln

Oct 08, 2019

The global oil and gas industry can save as much as $100 billion through automation and digitalization in the 2020s, energy research firm Rystad Energy said.'As much as $100 billion can be eliminated from E&P upstream budgets through automation and digitalization initiatives in the 2020s…

ABS, Keppel to Build Smart Rigs

Sep 17, 2019

In an Industry first, the provider of classification services to the offshore industry ABS partnered with Keppel Offshore & Marine (Keppel O&M) in developing the first two new build Drilling Rigs with Smart Notations.One of the rigs, which was delivered earlier this year for work in offshore Mexico…

Kraken Launches OceanVision Project

Sep 09, 2019

Starting in late September, Kraken Robotic Systems will deploy its sensors and unmanned underwater platforms to conduct ultra-high definition seabed imaging and mapping on the Grand Banks of Newfoundland and other areas of Atlantic Canada, as…

Industrial Internet to Help Upstream Sector

Aug 12, 2019

There has been a growing interest among oil and gas companies in adopting the Industrial Internet to improve sustainability and market competitiveness, said a study.According to data and analytics company GlobalData the upstream sector is witnessing…

Singapore Firms Select ABS Systems

Jun 13, 2019

Singapore-based offshore marine services provider PACC Offshore Services Holdings Ltd (POSH) and the maritime logistics solutions provider Pacific Carriers Limited (PCL) have selected ABS Nautical Systems  (NS) fleet management software to support their digitalization strategy…

DNV GL Launches Cognitive "Mining" Tool

May 09, 2019

DNV GL has launched Deep Search, a technology that will enable secure, fast and efficient processing of company knowledge and data. Deep Search is a cognitive “mining” tool that uses text and image recognition technologies making it possible to search for text in different format of documents…

OREDA Goes Digital

May 07, 2019

The offshore and onshore reliability data project by Norwegian Petroleum Directorate(NPD), OREDA goes digital with new collaboration to improve accessibility and efficiency for oil and gas industry reliability data, said DNV GL.Vast amounts…

Aker Solutions Launches Digital Twin Platform

May 07, 2019

Norwegian offshore engineering company Aker Solutions has launched a new software and digital services company called ix3 that it says will enable operators to accelerate field development projects and optimize asset performance.At the core…

DNVGL: New Mooring Line Solution for Offshore Ops

May 06, 2019

DNV GL has developed a solution that is designed to reduce the risk of offshore floating vessel mooring line failure going undetected by replacing physical sensors with a machine learning algorithm that accurately predicts line failure in real time…

Year in review: 2017

Dec 27, 2017

Taking a look back on the year that was 2017, our OEdigital.com website's most popular stories pretty much tell everything you need to know.  While the industry is still adjusting to the downturn, the bright spots are few, but significant…

Valemon remote control operation room opens

Nov 09, 2017

The control room for Statoil’s first platform to be remotely operated from land opened today (9 November) at Sandsli in Bergen, Norway. Source: Statoil “We have had land-based surveillance and control of offshore operations for a long time…

Embracing the digital era

Aug 25, 2017

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…

Halliburton, Microsoft enter digital pact

Aug 22, 2017

Halliburton is entering into a strategic alliance with Microsoft to drive digital transformation across the oil and gas industry. The relationship will combine the expertise of a global leader in cloud and digital transformation with a global leader in exploration and production (E&P) science…

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