Digital Transformation ///
Under the MoU, the companies will cooperate globally to focus on revolutionizing well integrity during the construction phase by bringing to market the first ever integration of Managed Pressure Drilling (MPD) solutions and Automated Well Control technology.
By utilizing SES’s significant resources in physics-based engineering and subject matter expertise, unique sensor and software technologies will be developed and integrated with existing client Enterprise Resource Planning (ERP) and Product Lifecycle Management (PLM) systems to enable intelligent decision-making.
Tenaris has become the first Ecopetrol supplier to implement a full digital integration project, merging the information systems of both companies to enhance supply operations and improve efficiency.
Acoustic Data’s SonicGauge technology will deliver real-time surface-read-out of downhole pressure and temperature on post-frac well tests via acoustic telemetry at the project.
Paul Day, Weatherford
The future lies in integrating the drilling, completion and production phases. This life-of-well approach will deliver the next-generation well intelligence needed to reduce the cost of asset ownership, while maximizing profitability.
Maersk Training has announced the launch of its upgraded Training Management Solution (TMS) with the aim to improve the training management for companies dealing with fewer headcount and remote working, amid the Coronavirus pandemic.
Catriona Penman, Lloyd's Register
As E&P operators recover from Covid-19, digital transformation has brought new levels of well analysis not possible before. The latest in subsurface data visualization brings disparate data sets together—from oil price to well characteristics—to give operators ultimate confidence in their recovery plans.
Building on more than 40 years of experience in providing reliable reservoir flow data, the Tracerco Insights Platform delivers information in a fast, secure and convenient way, allowing operators to adapt field development strategies, quickly and with confidence.
The joint initiative will provide global access to Schlumberger’s leading E&P cloud-based environment and cognitive applications by leveraging IBM’s hybrid cloud technology, built on the Red Hat OpenShift container platform.
Collaborative AI enhances traditional interpretation, and efficiently extracts faults from seismic data at the click of a button – no requirement for network training. By moving from line by line manual analysis to Collaborative AI, the interpretation is augmented with artificial intelligence, which enables faster and more accurate results.
Findings from the first survey of digitalization in the oil and gas industry reveal there’s a strong appetite to ensure technology is matured to improve the sector’s connectivity, efficiency and sustainability but highlight the need to promote collaborative working if these transformational changes are to become a reality.
“Development is rapid, and we see a huge potential within drone technology that could transform the way we operate, both under and above the sea surface. Equinor aims to lead the way in utilizing new technology on the Norwegian continental shelf,” says Arne Sigve Nylund, Equinor’s executive vice president for Development and Production Norway.
Kongsberg Digital and ABB Turbocharging have signed a cooperation agreement on edge data collection and ship engine performance analysis. The companies will work towards a common data infrastructure and accelerate the development of value-added digital applications and services.
AVEVA unveiled ‘Cloud-First’, a key component of its long-term software portfolio strategy to focus on providing core services in the cloud to ensure high uptime and availability, user management and the flexibility to try new solutions.
This transformational project supports Equinor’s business objectives to optimize IT costs and increase cost transparency by shifting to an agile, high availability and scalable platform for SAP systems.
Neptune Energy announced a new partnership with 3D technology specialist, Eserv, as part of the ongoing digitalization of Neptune’s assets including its operated Cygnus gas platform in the UK southern North Sea.
Weatherford International announced a strengthened collaboration with upstream data visualization provider INT to provide next-level, real-time well visualization in both 2D and 3D.
Jared Ciferno, Kelly Rose, NETL
NETL’s ORM suite comprises tools that can be used individually, or coupled together, to provide a full scope of data to evaluate, explore and ultimately prevent different spill scenarios.
The collaboration will leverage Halliburton Landmark’s DecisionSpace 365 E&P cloud applications and Honeywell Forge, a powerful industrial analytics software solution, to deliver unparalleled insights about oil and gas assets.
Halliburton introduced Cerebro Force in-bit sensors, a first-of-its-kind technology that captures weight, torque and bending measurements directly from the bit to improve understanding of downhole environments, optimize bit design and increase drilling efficiency.