Digital Transformation ///

Ashtead Technology acquires Aqua-Tech Solutions in Gulf of Mexico

Ashtead Technology has announced that it has acquired Louisiana based subsea equipment rental and cutting services specialist, Aqua-Tech Solutions, as part of the company’s international growth plans in the U.S.

BOEM: New OceanReports tool brings ocean data to the masses

A new, web-based interactive tool for ocean mapping and planning created by the Department of the Interior’s Bureau of Ocean Energy Management (BOEM) and the Department of Commerce’s National Oceanic and Atmospheric Administration (NOAA) will give everyone from ocean industries to coastal managers, students, as well as the general public, the opportunity to be an ocean explorer right from their own computer.

Total's digital factory signals AI for drilling optimization

Total's use of artificial intelligence to screen geological data will help the oil and gas industry identify new prospects, and shorten the time to acquire licenses, drill and make discoveries,

2019 Machine Learning conference: Tapping into oil and gas data

The 4th Annual Machine Learning in Oil and Gas conference kicked off Wednesday, April 17, in Houston.

STEM students compete in ROV competition at Robert Gordon University

The engineers of the future will go head to head at Robert Gordon University (RGU) this week (Wed. April 17) when they put underwater robots, which they have designed and built, to the test as part of an annual competition.

Emerson upgrades reservoir engineering suite, Roxar Tempest

Emerson upgrades reservoir engineering suite, Roxar Tempest

WFS 2nd generation Seatooth improves offshore safety, reduces cost in North Sea

A new generation of subsea technology has been successfully used to improve safety and reduce cost in the North Sea oil and gas industry for the first time. Cutting-edge computing and subsea wireless IP camera technology deployed on a pipeline construction project enhanced diver safety and generated significant cost savings by avoiding the need for additional subsea vessels.

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.

KBR, BHGE develop mid-scale LNG reference design in partnership with ConocoPhillips

KBR, Inc. has announced that it has selected Baker Hughes, a GE company, as part of the ongoing development of KBR's standardized mid-scale Liquefied Natural Gas (LNG) design.

Aveva to acquire MaxGrip's software assets

Engineering and industrial software company, AVEVA, has announced a significant addition to its comprehensive Asset Performance Management (APM) portfolio with the acquisition of the software assets of MaxGrip, subject to approval from MaxGrip’s shareholders.

Host of deepwater technical, operating issues tackled at MCEDD

The Marine Construction & Engineering (MCE) Deepwater Development conference and exhibition, a JV of World Oil and its parent, Gulf Energy Information, with Quest Offshore, was held in London at the beginning of this month.

BHGE opens Motor Center of Excellence in Oklahoma City

Baker Hughes, a GE company (BHGE) has opened a manufacturing and technology center in Oklahoma City dedicated to advancing the performance, quality and reliability of downhole drilling motors.

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.

ABB showcases digital transformation at Hannover Messe

At this year’s Hannover Messe, ABB will provide a glimpse into the groundbreaking collaboration and digitalization technologies that are at the heart of its transformation as a leader focused in digital 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.

Stress Engineering's condition based maintenance of drilling riser systems receive OTC award

Stress Engineering Services, Inc., (SES) the consulting engineering services company, has received an OTC Spotlight on New Technology (SONT) Award for its condition based maintenance (CBM) of drilling riser systems.

Weatherford launches remote-activated, single-trip deepwater completion system

Weatherford International plc has brought to market the world's first remote-activated, single-trip deepwater completion system.