A developer of real-time 3D sonar technology and real-time subsea intelligence has launched a new product that uses artificial intelligence (AI) to automatically detect and recognize distinct underwater objects.Coda Octopus announced Tuesday…
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…
Teledyne CARIS has released Bathy DataBASE 5.2, which introduces enhanced tools for validating and creating chart features from lidar surveys as well as new bathymetry compilation techniques.This latest version includes an updated workflow process…
Remote robotics software developer Olis Robotics announed it has hired of Dr. Blaine Levedahl to lead the company's U.S. Government programs.Don Pickering, CEO of Olis Robotics, said, “Dr. Levedahl’s depth of knowledge and experience leading…
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…
Dry measurements of sea state has been made available through the cloud as a service, granting customers flexible access to real time data without having to cover the investment in data collection and transfer equipment.“Making sea state data…
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…
A new report by Deloitte sheds light on a new vulnerability within oil and gas – cyber-attacks. Elaine Maslin reports. Image from iStock. The oil and gas industry is often accused of being behind the times…
Digital drillship. Photo from GE. Reducing maintenance costs is the primary focus of the oil and gas industry’s quest to get more insight from Big Data. But, can they successfully navigate remaining barriers…
Halliburton is entering into a strategic alliance with Microsoft to drive digital transformation across the oil and gas industry. The relationship will combine the expertise of a global leader in cloud and digital transformation with a global leader in exploration and production (E&P) science…
Baker Hughes, a GE company (BHGE), introduced its CIRCA coiled tubing simulation software, which enables coiled tubing service providers to maximize equipment performance and improve operational efficiency in well interventions. Based…
NEL’s Damian Krakowiak examines the potential of virtual flow metering technology and how better testing could enable its adoption. Validation needed. Photo from NEL. With the…
Global energy services and technology company AGR, has signed a SaaS (software as a service) contract with Dana Gas PJSC to supply the latest version of its P1 software for deepwater exploration efforts offshore Egypt. Petter Mathisen…
Emerson Automation Solutions has launched the latest version of its reservoir characterization and modeling software, Roxar RMS 10.1. RMS 10.1. Image from Emerson. Through even…
Mats Andersen, Stephen Forrester, and Andrew Creegan, of NOV, discuss how to overcome potentially damaging stick-slip issues and improve drilling performance rates. Figure 1 – The SoftSpeed II…
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