Digital Transformation

(WO) — Weatherford International Plc hosted its 19th annual FWRD Digital Conference on Nov. 7, convening figures from across the energy sector, technology partners, and technical experts from Weatherford.

(WO) — Weatherford International Plc has signed a memorandum of understanding (MOU) with Honeywell to deliver a combined CygNet SCADA and Honeywell Emissions Management suite for advanced emissions management and accelerate customers’ decarbonization strategy.

Industries that explore and operate in deepwater sites around the world including South America, the Gulf of Mexico and West Africa can now deploy Vaarst’s SubSLAM X2 technology to deliver complete spatial reconstructions to advance understanding of challenging subsea environments using SubSLAM Deeper.

Once the Cyber Resilience Act is in place, manufacturers of hardware and software will have to implement cybersecurity measures across the entire lifecycle of the product, from the design and development, to after the product is placed on the market.

AI and energy: The promise ahead

A modernized communications infrastructure that can see, think and act, and enable the upstream industry to build the resilience and digital capabilities in needs, is a must. And the components for it are here now.

A unique collaboration is enhancing gas production, reducing emissions, and boosting revenue generation while controlling costs.

On the North Sea Yggdrasil development, service providers are collaborating to develop three platforms that will operate remotely from an integrated onshore operations center. The project draws on experience gained from the Ivar Aasen venture, marking a significant step forward in the pursuit to increase offshore efficiency and sustainability.

The system integrates in-well monitoring and control of gas lift well performance with surface analytics and automation to continually optimize gas-lifted fields, remotely and without intervention.

The collaboration will set the benchmark for simulation technology, centered on enhancing personnel skills to protect the environment, prevent offshore incidents, and perform holistic crisis management in advanced offshore operations.

LightOn's AI targets industrial applications through the use of their generative AI Paradigm platform, while CGG's outcome-driven, highly optimized and sustainable approach to industrial HPC, based on its proprietary immersion cooling technology and use of 100% renewable energy, is well proven in the energy industry.

By combining ProACT's advanced analytics with Max Platform's powerful data capabilities, operators can optimally manage the construction of wells.

The firm has secured a record £2 milllion ($2.14 million) in topsides asset integrity awards with new and existing clients, amplifying its agile data-driven intelligence services further across the UK.

What started as a modest tournament raising funds for a single charity has grown into one of the largest non-PGA golf tournament fundraisers.

Under the agreement, Halliburton and Sekal are collaborating on several technologies and services that incorporate Halliburton digitally integrated well construction solutions and the Sekal DrillTronics automation platform.

In the rapidly evolving landscape of the energy sector, innovation is more than a buzzword: It's a necessity. As the industry grapples with tighter margins, workforce shortages and the imperative of the energy transition, the role of digital technologies in simplifying and optimizing multiple activities in the industry has become increasingly pivotal. This article explores how next-generation digital technologies are reshaping this sector, driving efficiency and generating greater economic returns.

An innovative digital solution prepares an operational database and stores performance results of drill bits, motor power sections, RSS, BHA configurations and drilling fluids. After parameters of a planned drilling run are set, a multidimensional distance-based approach selects similar previous drilling runs for analysis. The process enables rational technology selection recommendations.

The innovative solution offers offshore professionals access to an extensive range of forecast map layers visually animated on a global scale to customize their user experience and receive valuable insights into current and future weather conditions.

By tailoring the AICVs for each reservoir’s needs based on the fluids viscosity and density contracts, the AICV enables operators to optimize zonal production rates based on the composition of the fluids.

In the oil and gas sector, digital transformation is currently in its early stages, yet its potential to profoundly revolutionize industry operations is undeniable. Oil and gas companies and operators that proactively embrace digital transformation will find themselves more competitive and better positioned for success in the future, benefiting from substantial enhancements in their operations, processes, and business models. The primary objective is to harness the full capabilities of AI, ML, IoT, and big data to mitigate risks, automate tasks, and enhance decision-making processes. To ensure your ecosystem is well-prepared for this transformative journey, we invite you to join a panel discussion led by industry experts from Ericsson and Tata Consultancy Services (TCS). During this session, we will explore leading trends, impactful use cases, and best practices meticulously designed to accelerate your digital transformation journey. You’ll be sure to gain valuable insights into the strategies necessary for navigating this evolving landscape successfully while mitigating risk.

The RoboWell system utilizes real time data to continuously react to changing oil field dynamics, to optimize production processes, as well as ensure operation within safety parameters to minimize well instability and reduce the risk of stoppages or other incidents.