Big Data ///

Baker Hughes awarded contract by Nigeria LNG in digital agreement for Sub-Saharan Africa

PARIS -- Baker Hughes, a GE company has signed an agreement for the provision of asset performance management software and services for LNG trains and related balance of plant by Nigeria LNG Limited.

Gazprom Neft begins full-scale hydrocarbon prospecting of pre-Jurassic deposits

Gazprom Neft has begun geological investigations in Paleozoic hydrocarbon deposits in the Tomsk Oblast. Thus far, the complex structure of the pre-Jurassic complex has not been deemed an independent geological prospect, investigations into which demand the modification of traditional prospecting methodologies.

Baker Hughes, KBC partner to provide integrated software solutions to oil and gas

Baker Hughes, a GE company (BHGE), and KBC, a wholly-owned subsidiary of Yokogawa Electric Corporation, have announced a preferred partnership that will provide a combination of process simulation, asset performance management and operational software solutions to the oil and gas industry.

Echo Energy awarded 3D seismic reprocessing contract onshore Bolivia

Echo Energy, the South and Central American focused upstream gas company, is pleased to announce the award of a seismic reprocessing contract for the 3D seismic data over the Huayco and Rio Salado blocks, onshore Bolivia.

Schlumberger announces new digital well construction planning solution

Schlumberger has introduced DrillPlan digital well construction planning solution at the SIS Global Forum—the first step in the DELFI cognitive E&P environment.

Weatherford introduces automated pipe makeup, connection evaluation system

Weatherford International plc today announced the commercial release of the AutoTong system featuring AutoEvaluate connection-makeup software. The AutoTong system is the world’s first technology to automate pipe makeup and to provide autonomous connection evaluation.

Emerson launches industry-first controller for automation versatility, IIoT-enabled operations

Emerson is launching the DeltaV PK Controller, making the advanced automation of its DeltaV distributed control system (DCS) available to fast-growth industries traditionally less reliant on large-scale automation.

Schlumberger announces DELFI cognitive E&P environment

Schlumberger unveiled the new DELFI cognitive E&P environment at the SIS Global Forum. This environment enables collaboration across E&P teams and leverages the full potential of all available data and science to optimize assets.

Sea highlights new connectivity technology for offshore E&P operations

Cohort plc company SEA is showcasing an enhanced secure voice and data communications system for remote applications such as offshore ships and platforms at Offshore Europe 17.

CGG signs multi-client data agreement with Mozambique

CGG announces that it has signed a multi-client data agreement with Mozambique’s Instituto Nacional de Petroleo (INP) following a competitive tender process held by INP in 2016.

Premier Oil commits to advancing oil, gas technology development through ITF

The Industry Technology Facilitator (ITF) boasts a growing and diverse group of prominent industry players dedicated to working together to solve complex technical challenges in the oil and gas sector. Premier Oil, which has been a member since 2011, is extending its membership to the organization by three years.

SPE, Reed Exhibitions launch new technology event for the oil and gas industry

A new three-day biennial global symposium and exhibition aimed at driving radical digital and technological transformation across the upstream oil and gas industry has been launched by SPE and Reed Exhibitions, the partners behind SPE Offshore Europe.

LIFE 2017: Data-sharing necessary to realize true value of E&P industry’s ‘digital twin’

Though the foundation of the E&P industry is to find and produce oil and natural gas, the most valuable resource in today’s oil business may now be the data that companies collect in the midst of hydrocarbon extraction, as postulated today at Halliburton’s Landmark Innovation Forum and Expo in Houston.

LIFE 2017 examines artificial intelligence, machine learning in oil and gas

Earlier today, Halliburton kicked off its Landmark Innovation Forum & Expo (LIFE) 2017 at the Westin Hotel in Houston. The event’s plenary sessions opened with an informative discussion between R. A. Walker, chairman, president and CEO of Anadarko Petroleum Corp., and Sean Gourley, founder and CEO of Primer.

Microsoft, Halliburton announce digital transformation partnership

HOUSTON -- Microsoft and Halliburton today announced plans to enter into a strategic alliance to drive digital transformation across the oil and gas industry. The relationship will combine Microsoft's expertise in cloud and digital transformation with Halliburton's exploration and production (E&P) science, software and services.

Probe Technologies announces partnership with Turnbridge Capital

Probe Technologies Holdings, Inc., a supplier of logging and reservoir monitoring technology to the global oil and gas and geothermal industries, announced that Turnbridge Capital has completed a growth recapitalization of the company alongside its experienced management team.

Chevron, Chrysaor sign software contracts with Aberdeen’s Arnlea

Arnlea, an oil and gas asset management software business, has secured contracts with operators Chevron and Chrysaor.

DNV GL applies data analytics techniques to reduce downtime

Opportunities for digitalization are currently being embraced by the oil and gas sector. However, there are few practical use cases of it yet. Lundin Norway and DNV GL have developed the first step in a solution for predicting unplanned shutdowns of Lundin Norway’s Edvard Grieg production platform.

Management Controls announces change of control, increased investment

Management Controls, Inc., a contractor services management (CSM) company for heavy process industries, has announced a change of control with founder Bob Harrell retiring and passing the company reins to long-time investor George Broady and his son, entrepreneur Vincent Broady.

TGS and iLandMan integrate land and well data systems

Oil and gas software firm iLandMan is now offering nationwide well data and status information thanks to a new integration with geoscience data company TGS.