Kraken Robotics Inc. announced its wholly owned subsidiary, Kraken Robotic Systems Inc., has finalized the contract for the OceanVision project with the Ocean Supercluster and industry partners (Petroleum Research Newfoundland and Labrador,…
Showcasing Norwegian digital solutions, the Subsea Digital Alliance has been launched to bring smart cloud collaboration to the energy industry.As digital strategists in the oil and gas sector see the opportunity to leverage new projects to introduce new…
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…
The offshore industry is going through an unprecedented digital disruption that transcends asset classes and is creating a roadmap to safer and more cost-effective operations.The current face of that transition is the ‘digital twin’, a virtual replica of physical assets…
Networking solutions provider RigNet said it has secures a multi-year agreement with Galoc Production Company (GPC) to deploy its machine learning-based analytics platform on board the floating production storage and offloading (FPSO) vessel Rubicon Intrepid…
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…
TGS said it has purchased all outstanding shares and completed the acquisition of Lasser, Inc., a Fort Worth-based company which provides historical and monthly oil and gas production data.Lasser owns, maintains and licenses a nationwide U.S…
The future of the oil field is digital.Qasem Al Kayoumi, ADNOC’s SVP, technical center, said all the company’s new field developments will rely on digital technology. Speaking at the Life 2019 Landmark Innovation Forum & Expo in Houston, he…
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…
Italian services firm Saipem is implementing software from DNV GL to optimize the planning of inspections and repairs for its crane and pipelaying vessels. DNV GL said it will supply its advanced software, ShipManager Hull, for implementation on five vessels of the Saipem fleet…
Houston-based networking solutions provider RigNet announced on Tuesday that Brazil’s Ocyan has signed a multi-year agreement and selected Intelie Live, RigNet’s machine learning-based analytics platform, to be used at its Drilling and Marine Operational Support Center (CSD)…
An Aberdeen-based provider of predictive analysis services said it has secured a new multimillion-dollar contract with CNOOC for digital services across the company’s assets on the UK continental shelf (UKCS).OPEX Group's three-year contract with CNOOC Petroleum Europe Limited…
Oilfield services company Weatherford said it has integrated Microsoft's Power BI business analytics service into its ForeSite production optimization platform, in a move to enable customized, asset-level operational insight.The Power BI features…
Subsea services specialist Sapura Brazil has signed a five-year optimized maintenance agreement with Wärtsilä.As per the agreement the the Finnish tech major will support Sapura’s fleet of six pipe-laying support vessels' (PLSV) operational…
Kraken Robotics' OceanVision marine technology development project will move forward with conditional approval – and millions in funding – from Canada's Ocean Supercluster.The three-year, $20 million project is being spearheaded by Kraken subsidiary…