Data analytics provider Verisk Analytics has acquired MAKE, an research and advisory business specializing in wind power. MAKE will become part of Wood Mackenzie, a Verisk Analytics business focused on providing research and advisory services to the natural resources sector…
While well intervention spending has been hit harder than average industry cuts, the opportunities are still there to be had, not least from mature North Sea assets, delegates at Offshore Network’s Offshore Well Intervention Europe Conference heard this morning…
Houston-based Flotek Industries and IBM have agreed to develop a cognitive reservoir performance system for the oil and gas industry. The new system uses IBM Watson Explorer technology to analyze Flotek’s proprietary oilfield chemistry research…
James Fisher Marine Services (JFMS) has acquired the operations and assets of Insight Marine Projects Ltd., a specialist survey company headquartered in Cornwall, that will be rebranded this year to form the subsea surveying division of marine projects at JFMS…
GE and Maersk Drilling have entered into a partnership to collaborate on a data analytic-driven pilot project with the aim to increase Maersk’s drilling vessels’ productivity and significantly reduce maintenance costs by up to 20%. The…
US private investment firm Clayton, Dubilier & Rice (CD&R) has appointed former Statoil and BG Group boss Helge Lund as an operating advisor to CD&R's funds. Lund. Image from BG Group/Shell. Lund…
The pace and timing of an oil price recovery depends on four key drivers, according to McKinsey Energy Insights (MEI), a data and analytics firm. The firm forecasts that it will take more than six months for the oil markets to fully rebalance…
Infographic from McKinsey Solutions. These projections are taken from Energy Insights’ Global Gas Outlook to 2030. For your free Executive Summary of the findings included in the report visit www…
A relentless focus is required to maintain and optimize production on often aging North Sea assets. Elaine Maslin reports. Wintershall’s Brage platform. Photos from Wintershall. Optimizing…
Floating offshore wind has the potential to deliver cost effective, secure and safe low carbon energy for the UK from the mid 2020s according to the latest insights report published by the UK's Energy Technologies Institute (ETI). With…
Challenges in offshore oil and gas exploration and technology advances must not be an excuse to cut costs on safety, Lloyd’s Register Energy is warning at this year’s Offshore Technology Conference (OTC) in Houston. Lloyd’s Register Energy…
Elaine Maslin examines how better data trending and a focus on key hubs could help improve ailing production efficiency rates and extend asset life on the UK Continental Shelf and beyond. NI CompactRIO…
AVEVA announced that AVEVA E3D Insight is now commercially available for project decision makers in the power, process plant and mining industries. This Windows 8.1 app enables mobile users to comment and approve AVEVA Everything3D (AVEVA E3D) designs from a tablet device…
Origin Energy announced October 3 that Kevin McCann will retire as chairman and director after the company's annual general meeting on October 23. The board has elected Gordon Cairns to succeed McCann as the chairman of the board of directors…
Chris Peeters has been appointed EMEA region director of Schlumberger Business Consulting, based in Paris. Previously with McKinsey, he will manage SBC’s utilities practice.
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