Big Data ///

WFS launches world’s first subsea wireless edge network for real-time monitoring

WFS Technologies Limited (WFS) unveiled the world’s first subsea wireless edge network for real-time monitoring of subsea assets at this week’s Ocean Technology Conference (OTC) in Houston.

OTC: Siemens and TÜV SÜD partner to strengthen digital safety, security for energy

Bright and early on Monday morning, in a special press briefing on the first day of the Offshore Technology Conference in Houston, Siemens and TÜV SÜD announced that they are coming together to address the growing risk of cyberattacks on critical infrastructure.

Aker Solutions launches new software, digital services company for optimized asset performance

Aker Solutions has launched ix3(TM), a software and digital services company that enables operators to accelerate field development projects and optimize asset performance.

DNV GL develops machine learning solution for faster, more accurate mooring line failure detection

DNV GL has developed a solution that reduces the risk of offshore floating vessel mooring line failure going undetected by replacing physical sensors with a machine learning algorithm that accurately predicts line failure in real time.

British Columbia legislation moves towards electric cars, CO2 reductions

New legislation will help reduce climate pollution by phasing out gas-powered light-duty vehicles and making zero-emission vehicles (ZEV) more available and affordable for British Columbians.

Gazprom Neft, IBM Research Brazil enhance geological processing with AI

More than 30 Gazprom Neft research geologists and IBM Research Brazil machine-learning research scientists have come together for the first time to share their unique knowledge, experience and skills in a research project,

SPE/ICoTA ’19: Industry showcases digitization and enhanced interpretation models

On the opening day of the joint SPE/ICoTA Well Intervention Conference and Exhibition, operators and service providers discussed innovations, new solutions, and case histories in four technical sessions at the meeting held in The Woodlands, Texas.

CERA Week 2019 Day 2 - Leadership

During Day 2 of CERAWeek 2019, the leadership dialogue continued with Chevron Chairman of the Board and CEO Mike Wirth, who spoke to the crowd about Chevron’s goals in the Permian basin and Gulf of Mexico.

CERAWeek 2019 seeks to unravel the "new world of rivalries"

CERAWeek by IHS Markit kicked-off in downtown Houston, on Monday, March 11. The week-long event focuses on providing meaningful dialogue, aimed at solving the various challenges facing the energy industry―from geopolitics and trade to costs, price volatility, environmental policy, disruptive technologies, inter-fuel competition, and the battle to attract younger workers before they commit to other industries.

DNV GL confirms Samsung Heavy Industries' INTELLIMAN Ship software meets compliance standards

DNV GL has announced that Samsung Heavy Industries (SHI) INTELLIMAN Ship software complies with the EU-MRV and IMO-DCS regulations. DNV GL issued a factual statement confirming compliance in a ceremony at the SHI R&D Center in Daejeon, South Korea.

The Open Group launches the Open Subsurface Data Universe Forum

The Open Group, the vendor-neutral technology consortium, has announced the launch of the Open Subsurface Data Universe (OSDU) Forum, a Forum of The Open Group.

Google, Chevron execs say industry must keep up with data transformation, other tech trends

At the Norwegian Energy Day on Tuesday, March 19, hosted by the Norwegian Consulate General and several corporate sponsors, speakers from Google and Chevron told the audience that the oil and gas industry needs to do more, and do it faster, to adapt to the digital transformation and other related trends.

DTEK Oil & Gas wins Ukraine’s first open auction for subsurface exploration permit

Oil Gas Systems, LLC - a subsidiary of DTEK Oil & Gas - has purchased the special permit for subsurface exploration of the Svitankovo-Lohivskyi license site in eastern Ukraine for UAH 85 million ($3.17 million) at open auction.

SPE/IADC '19: Shell V.P. tells attendees that companies must share data, cooperate more

It’s hard to say whether Mike Dewitt, Shell V.P. for Wells, Upstream Operated, intended to shake up his audience in The Hague, the Netherlands on Tuesday morning, but that was the result of his speech, nonetheless.

Weatherford successfully pursues patent infringement lawsuit against Tesco

Weatherford Technology Holdings, LLC is pleased to announce it has successfully pursued an intellectual property lawsuit against Tesco Corporation, a wholly owned subsidiary of Nabors Industries, to a favorable outcome.

Rotterdam Port Fund invests in ExRobotics

The investment fund Rotterdam Port Fund has acquired a stake in ExRobotics. With locations in Breda and Delft, the Netherlands, this firm is a pioneer in the development of robots that can be used in environments with a high explosion risk.

Transocean has announced drilling automation of six floaters

Transocean Ltd. has announced that it has entered into an agreement with its customer, Equinor, to license and install Automated Drilling Control (ADC) systems on four high-specification, harsh environment rigs currently on contract in Norway and a fifth semi-submersible that is expected to commence operations in the Norwegian sea this summer.

BHGE AM Day 2: Digital and culture step-changes in the future of clean energy

The Baker Hughes, a GE company annual meeting is a two-day conference filled with industry leaders who share best practices, best-in-class products and services, and an unforgettable opera performance in the Teatro del Maggio Musicale Fiorentino. In addition, the stage is set to make big announcements, close big deals and network, network, network.

FracGeo launches DrillPredictor software to optimize completions

FracGeo announces the launch of its software module DrillPredictor, a cloud- and subscription-based web service to put completion optimization in the hands of any unconventional reservoir operator.

$1.9 million investment in Enpro technology supports business growth

Aberdeen-based production optimization specialist Enpro Subsea has announced that the $1.9 million (£1.5million) investment project in its Flow Intervention Services (FIS) technology, which included a $977,800 (£755,000) research and development grant from Scottish Enterprise, has started onshore testing ahead of planned subsea field trials later this year.