Big Data ///

Gazpromneft-Khantos establishes Upstream Control Centre using digital twin technology

Gazprom Neft subsidiary Gazpromneft-Khantos has launched an Upstream Control Centre as part of its “Digital Field” program.

Deloitte, FOROIL deploy Digital Oil Recovery to increase recovery from brownfields

Deloitte has announced an exclusive go-to-market collaboration with FOROIL to help upstream clients dramatically increase production and reserves from brownfields – conventional oilfields with more than seven years’ operating history – using historic production data, breakthrough mathematical modeling and high-performance computing.

Quantico Energy Solutions introduces new drilling optimization solution

Quantico Energy Solutions announced today the release of QOpt, a drilling optimization solution that maximizes rate of penetration (ROP) and reduces the overall cost to drill a well.

MOL Norge selects AGR for well and drilling engineering

Global energy services and software company AGR has been awarded a Frame Agreement with the Hungarian Operator MOL.

Norbit acquires field monitoring specialists Aptomar

Norwegian technology group Norbit has acquired field monitoring specialist Aptomar.

Breakup of Saudi-Russian alliance would collapse crude prices, Citigroup says

The Saudi- and Russia-led supply limits that have lifted crude to a 2 1/2-year high must be prolonged for an extended period or prices will collapse, said Ed Morse, global head of commodities research at Citigroup Inc.

DNV GL introduces innovative approach to independent verification of oil, gas assets

DNV GL has introduced remote witnessing in independent verification surveys, providing operators with more flexibility and efficiency without compromising safety.

Halliburton launches new high-speed telemetry service

Sperry Drilling, a Halliburton business, has announced the release of JetPulse high-speed telemetry service, which provides consistent, high-data rate transmission of drilling and formation evaluation measurements.

Joint-industry collaboration to boost drone, digital twin technologies in offshore sector

Sembcorp Marine, DNV GL, A*STAR’s Singapore Institute of Manufacturing Technology (SIMTech) and National Additive Manufacturing Innovation Cluster (NAMIC) today signed a memorandum of understanding (MOU) to develop disruptive applications in additive manufacturing, drone and digital twin technologies that could revolutionize solutions for Singapore’s offshore and marine (O&M) sector and boost its global competitiveness.

Statoil unveils Norway’s first platform to be remote-operated from land

The opening of the Valemon control room was celebrated today at Sandsli in Bergen. Valemon will be the first platform in Statoil’s portfolio to be remote-controlled from land.

New research shows growing interest in industrial IoT adoption, companies in early stages

Bsquare, a provider of Industrial Internet of Things (IIoT) solutions, today released the findings from its first annual IIoT Maturity Study, which explores the current IoT adoption progress of business buyers in manufacturing, transportation, and oil and gas (O&G).

OPITO launches digital delivery of safety-critical training to global oil, gas industry

A digital transformation of oil and gas safety-critical emergency response training is set to save the industry more than a million hours of training time per year, driving time and cost efficiencies across the sector, a gathering of world-wide industry leaders heard today.

Tenable, Siemens partner to secure critical infrastructure

Tenable, Inc., the Cyber Exposure company, and Siemens, a global engineering and technology leader, announced a strategic partnership to help energy, utilities and oil and gas companies close the industry readiness gap with a new solution for industrial asset discovery and vulnerability management.

FairfieldNodal adds to Delaware basin database

FairfieldNodal’s Red Tank acquisition project in the Delaware basin continues to progress on schedule. There are 380 sq mi of fast-track data now available, completing this portion of the project. Final PSTM data will be available mid-December 2017, and a PSDM product is expected in early first-quarter 2018.

WGLC ’17: Digital reinvention in store for oil and gas sector—industry urged to drive change

The oil and gas industry is still catching up with the consumer tech industry, when it comes to advancements in digital technologies. However, as digitalization becomes more ubiquitous in the average person’s everyday life—through devices like smartphones, self-driving cars and homes with digitally-connected appliances—the potential for innovation continues to grow in the E&P industry. “Data is moving to the cloud—that is a given, so the responsibility is on all of us to learn, and to attract the right talent,” said Ashok Belani, executive V.P. of technology at Schlumberger, while speaking at the Women’s Global Leadership Conference (WGLC) in Energy, on Nov. 2 in downtown Houston.

Rockwell Automation rejects $27.6-billion offer from Emerson

Rockwell Automation Inc., a major supplier of robotics software, rejected a $27.6-billion offer from Emerson Electric Inc., which is trying to rebuild following a restructuring.

Chevron partners with Microsoft to fuel digital transformation

Chevron Corporation has announced a seven-year partnership with Microsoft Corp. establishing the company as Chevron’s primary cloud provider, accelerating the application of advanced technologies including analytics and the Internet of Things (IoT) to drive performance and improve efficiencies.

Baker Hughes launches advanced fluid analysis and sampling-while-drilling service

Baker Hughes, a GE company (BHGE) has announced the introduction of its FASTrak Prism fluid analysis and sampling-while-drilling service.

GE venture partners with Kraken Robotics to advance subsea robotic inspection

Avitas Systems, a GE Venture, announced a strategic partnership with Kraken Robotics to integrate autonomous underwater vehicles (AUVs), acoustic and laser sensor technology, and artificial intelligence-based navigation software into unique subsea inspection solutions for the oil and gas, offshore renewable energy, and shipping industries.

CGG secures contract for multi-client survey of onshore, offshore licenses in Côte d’Ivoire

CGG has been awarded a contract by Côte d’Ivoire’s Direction Générale des Hydrocarbures (DGH) and PETROCI, the national oil company, to acquire with its local partner, Harvex Geosolutions, a multi-client program of gravity, gravity gradiometry and magnetic data over the Republic’s onshore and shallow offshore basins.