Offshore Technology News

 

A Fluid Conversation

Aug 23, 2019

Using produced liquids in a wireless completionTendeka’s PulseEight re-deployable wireless completion systems have been deployed in a number of areas to carry out downhole functions. The PulseEight Ambient Valve has recognized safety incidents…

Oil Price Controls Subsea Market Growth

Aug 23, 2019

The subsea market in 2019 will experience year-on-year growth for the first time since 2014. But the positive outlook is vulnerable to any significant decline in oil prices over the next few years, according to analyst Rystad Energy.“We expect the subsea market to thrive during the coming years…

Schlumberger Open Sources Data Ecosystem

Aug 22, 2019

Oilfield services company Schlumberger said it will open source its data ecosystem and contribute to The Open Group Open Subsurface Data Universe (OSDU) Forum to accelerate the delivery of the OSDU Data Platform.The OSDU Forum is an international forum of oil and gas operators…

Equinor Secures Subsidy for Wind Turbines at North Sea Oilfields

Aug 22, 2019

Equinor will receive a 2.33 billion Norwegian crown ($260 million) subsidy for its planned construction of floating wind turbines to supply power to North Sea oil platforms, Norwegian state investment agency Enova said on Thursday.Equinor says…

Wild Well Control Adds 10K Capping Stack

Aug 21, 2019

Well control and engineering services company Wild Well Control said it has added a new 10,000 psi-rated capping stack to its WellCONTAINED group of subsea containment equipment.The 10,000 psi-rated (10K) stack is rated to water depths of 10…

Chevron Invests in Well Conveyor

Aug 21, 2019

Norwegian downhole technology company Well Conveyor said it has received equity investment from Chevron Technology Ventures (CTV), a division of Chevron U.S.A. Inc. Combined with additional investments from existing investors ProVenture and Investinor…

FES Bags Multiple DBSC Orders

Aug 21, 2019

Fluid transfer systems provider FES International said it has secured four new orders to deliver is Diver Bend Stiffener Connectors (DBSCs) to projects across Asia, Africa and Europe.The 31 DBSCs will be supplied for projects taking place in the Johan Castberg field in the Barents Sea…

Saipem Rolls Out DNV GL ShipManager Hull

Aug 21, 2019

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…

Standardized Subsea Processing

Aug 20, 2019

When used under the right circumstances, subsea processing technologies have clear and obvious benefits as an enabler for increased oil recovery and even as a more environmentally friendly alternative to conventional processing equipment.In many instances…

Woodside to Implement Schlumberger's DELFI

Aug 20, 2019

Australia's largest oil and gas operator Woodside Energy will leverage Schlumberger's DELFI cognitive cloud-based software environment in an effort to increase consistency, reduce study cycle time and foster innovation in its subsurface characterization and development activities…

Upwing Awarded 10 New Patents

Aug 20, 2019

California-based Upwing Energy said it has been awarded 10 new patents from the US Patent and Trademark Office (USPTO) for critical enabling technologies in the company’s downhole rotating tools and proprietary methods used to increase hydrocarbon production and recovery…

Ocyan Taps RigNet for Drilling Analytics

Aug 20, 2019

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)…

Seadrill Using AI to Monitor the 'Red Zone'

Aug 19, 2019

New offshore drilling safety technology has been developed to monitor and provide advanced warning of potential risks in the “Red Zone”, the area of the rig floor where heavy drilling equipment operates and the risk of injury is highest.Vision IQ…

KW Designed Solutions Restructures

Aug 19, 2019

Chorley, UK based high pressure engineering company KW Designed Solutions said it has recently restructured, launching a new company KW Pressure Testing and introducing the KW Group to manage both firms, as part of a complete rebrand.A new state-of-the-art…

Hunting Acquires RTI Energy Systems

Aug 16, 2019

London-headquartered energy services group Hunting said it has acquired the business and assets of US-based riser technologies manufacturer RTI Energy Systems (RTIES) for a total cash consideration of $12.5 million, funded from existing cash resources…

Current News

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Ørsted to Deploy GE's 12MW Offshore Turbine

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Talos Making Moves in the Gulf of Mexico

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First Subsea to Cover Formosa 1

First Subsea to Cover Formosa 1

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