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)…
New solutions unveiled Thursday by WFS Technologies aim to tackle the real-time monitoring of offshore risers both above and below surface, on fixed structures including jackets and braces.The new Seatooth Assure Riser Monitor products allow for the measurement of 9-axis motion (vibration…
Theo Priestley, a technology futurist who focuses on emerging trends and their impact on business and wider society, has joined the team at WFS Technologies.Priestley takes up the role of chief marketing officer at WFS Technologies and is lined…
Next generation subsea technology deployed for the first time in the North Sea has helped to improve safety and reduce costcfor an offshore oil and gas project, said Scotland based WFS Technologies.The firms's new cutting-edge computing and…
Norwegian technology developer Neodrill announced new solutions for subsea templates.The innovator in pre-rig well construction technology through its CAN technology said that the announcement marks the company’s move to use its technology and…
Emerson and Repsol announced they have established a strategic alliance to deliver advanced subsurface geophysical technologies to reduce the time to prospect and produce first oil.Emerson, a global engineering and technology company, will…
Wireless subsea technology provider WFS Technologies has appointed Moray Melhuish to the newly-created post of commercial director, responsible for building on the success of its industry-advanced innovations as well as increase its portfolio of national and international projects…
Classification society ABS has published new guidance notes detailing best practices for their use on class surveys and non-class inspections.The Guidance Notes on the Use of Remote Inspection Technologies cover pilot-operated unmanned aerial vehicles (UAV)…
BP has invested further in artificial intelligence (AI) technology as part of an effort to accelerate project lifecycles, from exploration through to reservoir modeling.The super major announced Monday that its technology investment arm BP Ventures…
Norwegian marine geophysical company PGS said it has sold its OptoSeis fiber optic sensing technology business to Houston based Geospace Technologies.The transaction includes an initial cash payment at closing of $1.8 million, plus contingent cash payments of up to an additional $23…
New technology from Schlumberger delivers well testing performance data in real-time.Schlumberger has introduced well testing live performance technology at the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC). The new technology…
AFGlobal has acquired the Axon pressure pump technology and product line from Amkin Technologies, a privately-held oilfield equipment and technology developer. The acquisition of the Axon pump technologies and ability for AFGlobal to…
EC-OG has successfully secured support from the Oil & Gas Technology Centre for significant technology FEED work. In conjunction with the Technology Centre, EC-OG is undertaking FEED work for a North Sea field trial focusing on the in place Subsea Power Hub (SPH) design…
Statoil’s technology research and development efforts will focus on developing technology to reduce carbon dioxide emissions (CO2) from oil and gas operations, as well as digital solutions, the company reported today (19 June). With ambitious goals both within climate and digitalization…
The Norwegian Petroleum Directorate (NPD) has signed framework agreements with 11 supplier firms representing various technology areas to ensure sufficient capacity to be an even better champion for developing new fields and improving recovery from producing fields…