Aramco, one of the world’s leading integrated energy and chemicals companies, has signed 34 memoranda of understanding (MoUs) and agreements, with a potential total value of approximately $90 billion, with major U.S. companies.The MoUs and agreements cover collaborations and partnerships relating to a range of Aramco’s activities, including liquefied natural gas (LNG), fuels, chemicals, emission-reduction technologies…
Equinor has selected engineering services firm Emerson to provide advanced well completion monitoring systems for its Rosebank oil and gas field in the North Sea, the U.K.'s largest undeveloped offshore field.Emerson’s suite of Roxar downhole…
UK-based drilling waste management company TWMA said Monday it had secured a contract worth up to $15 million to support a large-scale oil and gas project for BP in Egypt.TWMA will use its RotoMill drill cuttings processing technology to process…
MariApps Marine Solutions said Thursday it would provide its flagship product smartPAL to BOURBON Marine & Logistics to support the company in its digitalization efforts.The French offshore vessel owner Bourbon offers support services to the offshore industry…
Australian oil and gas firm Woodside has awarded an extension to a non-binding frame agreement with engineering firm Worley to continue supporting the Karratha Gas Plant and Pluto LNG assets in Western Australia.Pluto LNG processes gas from…
Emerson, industry digital transformation solutions provider, said Tuesday it has successfully migrated Spanish oil company Repsol's exploration data - some 90 terabytes - to the cloud. Cloud capabilities enable companies to securely store the data that powers vital analytics…
Engineering services giant Emerson has won a $14 million contract to provide automation technologies for the new Azeri Central East offshore platform in the Caspian Sea, the latest development in the Azeri-Chirag-Deepwater Gunashli oilfield…
Proteus, a digital platform that promises to try and revolutionize the way in which the upstream oil and gas industry resources projects has secured £1.8m of private investment.Developed by the start-up technology firm, Xergy, Proteus is a cloud…
Emerson announced on Monday it has been awarded a contract from Total to provide wellhead pressure monitoring technology to enhance safety during the multi-year redevelopment project to extend the life of Denmark’s biggest gas field.The Tyra…
Asset managers leveraging advanced sensor technologies, vast pools of stored and processed data, and real-time analytics are able to foresee—and prevent—costly component failures.A recent report from Lloyd’s Register points out that predictive…
Survey and inspection, maintenance and repair (IMR) subsea solutions provider N-Sea announced an investment in its data management capabilities by acquiring a new storage system valued in excess of €1.8 million ($2 million).Based on the latest technology…
US based technology company Emerson said it has completed its $48 million contract for automation systems and cloud engineering software-as-a-service for the Shah Deniz 2 project in Azerbaijan and is fulfilling an ongoing five-year services contract to help ensure reliable…
Emerson said it has launched Roxar RMS 11.1, the latest version of its reservoir modeling software., designed to enhance workflow automation and ease of use. This version provides a range of powerful technologies for building and visualizing high-quality reservoir models…
Emerson said it has been awarded a five-year contract with BP to provide predictive maintenance and operational support services to ensure safe, optimized production from its Clair Ridge platform and Glen Lyon floating production, storage and offloading (FPSO) vessel…
Digitization. Digitalization. Digital transformation.As far as Ross Philo, Energistics president and CEO, is concerned, these terms mean much more than simply acquiring more data.Digital transformation is “how do I change my business processes…
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