Production Optimization News

 

ADNOC Embraces Digital to Reduce Offshore Personnel

Aug 29, 2019

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…

Increasing Efficiency and Oil Productivity with AICDs

Aug 26, 2019

In June, independent global completions service company Tendeka announced it had secured the world’s largest sand and inflow control contract for the Troll field on the Norwegian continental shelf (NCS).The four-year contract with Equinor will…

Unlocking Production Optimization Insights

Aug 08, 2019

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…

Expro Acquires Quality Intervention

Jul 02, 2019

Oilfield services company Expro announced it has acquired 100% of the equity of technology company Quality Intervention AS (QI).The Norwegian-based company was founded in 2008 and provides a portfolio of products and services that includes coiled tubing technology (CoilHose)…

Equinor Awards Sand Screen Contracts

Jun 26, 2019

Norwegian energy company Equinor announced Tuesday it has signed three-year contracts with services firms Tendeka and Baker Hughes for providing sand screen services at a total value of around NOK one billion ($117.5 million), including options for five two-year extensions…

Chevron: Mature Fields, Maximum Production

Jun 18, 2019

Chevron is combining technology and streamlined work processes to maximize production efficiencies in its mature offshore fields. Continued investments in the fields, reservoir surveillance, analytics and portfolio optimization are some of the…

Schlumberger Taps Google as Preferred Cloud Provider

May 14, 2019

Services company Schlumberger said on Monday it has renewed and expanded its agreement with Google Cloud to develop cloud-native exploration and production (E&P) applications to help its customers derive actionable insights from data and harness…

Aker to Build Nova Digital Twin

Feb 25, 2019

Norwegian engineering company Aker Solutions has been appointed by Wintershall to build a complete digital replica of Nova production system in the Norwegian North Sea for data-driven engineering, production and maintenance decisions.Through two separate agreements…

Partners Designing Autonomous Seismic Nodes

Feb 12, 2019

Underwater sensor technology company Sonardyne International said it is partnering with Shell Brasil and Brazilian research institute Senai-Cimatec to develop autonomous technology to make the monitoring of Brazil’s deepwater pre-salt oil fields more efficient…

Enpro Testing New FIS Technology

Feb 05, 2019

Aberdeen-based production optimization specialist Enpro Subsea announced that the £1.5 million investment project in its Flow Intervention Services (FIS) technology, which included a £755,000 research and development grant from Scottish Enterprise…

Weatherford Rolls Out ForeSite Optimization Platform

Jan 27, 2019

Irish-domiciled multinational oilfield services company Weatherford said it has made a major enhancement to its ForeSite production optimization platform, which combines physics-based models with advanced data analytics to improve performance across wells…

Equinor Opens Digital Operations Centers

Jan 07, 2019

Equinor on Monday announced the official opening of its two new digital operations centers established to support Equinor’s installations on the Norwegian continental shelf (NCS).The two new centers at Sandsli in Bergen, opened Monday by petroleum and energy minister Kjell-Børge…

RESMAN Acquires Restrack

Dec 20, 2018

Norwegian-based well and reservoir surveillance and intelligent tracer systems provider RESMAN AS announced it has agreed to acquire tracer service provider Restrack AS, in a share purchase agreement. The combined company will have up to 100 employees…

Tendeka Launches FloFuse

Dec 17, 2018

Independent global completions service company Tendeka said it has launched a new technology that increases oil recovery by improving injected water conformance in fractured reservoirs or by ensuring effective placement of matrix stimulation acids…

Statoil to open integrated operations center

Nov 29, 2017

Statoil plans to establish next year a new onshore integrated operations center (IOC) that will help increase safety, add value and reduce emissions from its the Norwegian Continental Shelf (NCS) fields. By establishing the IOC, Statoil…

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