Offshore Automation News - page 7


Digitalization Can Save Upstream Business $73 Bln a Year

Nov 12, 2018

Energy firms could save an annual $73 billion within five years in oil and gas exploration and production by making better use of existing computing technology, energy consultancy Wood Mackenzie said.Exploration and production, known as the upstream industry…

New Reservoir Engineering Suite

Nov 01, 2018

Emerson's upgraded reservoir engineering suite offering takes automation a step further, slashing cycle times with more accurate forecasts.Emerson has unveiled its latest integrated reservoir engineering suite offering tools for advanced reservoir management and flow simulation…

Partners Lead New Swarm Technology Research

Oct 16, 2018

U.K. based marine technology company Autonomous Robotics Ltd (ARL) will collaborated with Aberdeen’s Robert Gordon University (RGU) to research simultaneous, distributed and scalable localization system for a swarm of autonomous underwater sensor flying nodes…

Stena Drillship Set for High-tech Upgrade

Oct 16, 2018

Stena Drilling has contracted Kongsberg Maritime to deliver a complete upgrade of its systems aboard the Stena Carron, a harsh environment dynamically positioned DP Class 3 drillship capable of drilling in water depths up to 10,000ft. Stena…

Unmanned Platform Starts Production at Oseberg Vestflanken 2

Oct 15, 2018

The Oseberg Vestflanken 2 field in the North Sea came on stream on Sunday. Remote-operated from the Oseberg field center, the new Oseberg H platform is the first unmanned platform on the Norwegian Continental Shelf. Recoverable resources are 110 million barrels…

Norway Should Invest in Kongsberg Share Issue -Government

Sep 28, 2018

Norway should invest about 2.5 billion Norwegian crowns ($306.26 million) in Kongsberg Gruppen's planned share issue, to help pay for the firm's acquisition of Rolls-Royce's Commercial Marine unit, the government proposed on Friday.If approved by parliament…

US deepwater GoM poised for comeback

Jan 04, 2018

A new report from analyst firm Wood Mackenzie, 'Deepwater GoM: 5 Things to Look for in 2018,' says costs have bottomed out and operators have set a new standard for operational efficiency, pointing toward positivity for the US deepwater Gulf of Mexico in 2018…

Year in review: 2017

Dec 27, 2017

Taking a look back on the year that was 2017, our 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…

Woodside, ABB plan offshore battery first

Dec 14, 2017

Australia's Woodside Energy is setting out to achieve a world first by installing a microgrid with a 1MW lithium-ion PowerStore Battery energy storage system on an offshore platform.  Working with power and automation group ABB, the solution will be installed on Woodside's Goodwyn A platform…

Emerson chases Rockwell with $29 billion offer

Nov 16, 2017

St. Louis-based technology firm Emerson Electric has once again offered to buy Milwaukee-based Rockwell Automation, this time proposing to acquire all of Rockwell’s outstanding shares in a deal valued at $29 billion. David N…

Nabors clears Tesco acquisition hurdles

Nov 07, 2017

US drilling contractor Nabors Industries is nearing completion of its its acquisition of Tesco Corp. following anti-trust clearance from the US Department of Justice and the Canada Competition Bureau.  An approval process with the Federal…

Filling in the gaps

Nov 01, 2017

While automation has begun to be slowly implemented offshore, it’s going to take a full business transformation to get IoT and other technologies fully implemented. Karen Boman reports.  The industrial Internet of Things (IIoT) could…

Digital enables Hess’ Stampede journey

Oct 31, 2017

Stampede subsea layout. Photo from Hess. A combination of LEAN business practices, technology, and a digital approach will enable Hess to bring online its Stampede tension leg platform project…

GE inks partnership for robotic subsea inspection

Oct 26, 2017

Avitas Systems, a GE Venture, announced today (26 October) that it has formed a strategic partnership with Kraken Robotics to integrate autonomous underwater vehicles (AUVs), acoustic and laser sensor technology, and artificial intelligence…

Emerson to acquire Paradigm

Oct 16, 2017

St. Louis-based technology and engineering firm Emerson announced today (16 October) it has agreed to acquire Paradigm, a provider of software solutions for the oil and gas industry, for $510 million. Source: Emerson Paradigm…

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