Digital Transformation ///

Halliburton, Microsoft and Accenture form agreement to advance digital capabilities

“The strategic agreement with Microsoft and Accenture is an important step in our adoption of new technology and applications to enhance our digital capabilities, drive additional business agility and reduce capital expenditures,” said Jeff Miller, Halliburton chairman, president & CEO.

Petrofac successfully implements SkillsVX software for Valaris

Petrofac has successfully implemented its SkillsVX learning and competency software for offshore drilling services provider, Valaris, supporting its 7,000 employees globally to manage their learning and competency needs.

Ocean Infinity completes AUV-based seismic acquisition offshore Guyana

The project involved acquiring high-resolution geophysical and geotechnical data through the simultaneous deployment of multiple Autonomous Underwater Vehicles (AUV), in water depths of between 70m and 2150m over an area of approximately 3,100 square km.

OSIsoft and Tendeka announce partnership to streamline data flow for oil and gas reservoir monitoring

“Oil and gas producers are being bombarded with an ever-increasing volume of digital data from fibre optic systems to IoT sensors and devices,” said Andy Nelson, senior software engineer with Tendeka. “In the downhole environment, edge decision-making is affording the producers the ability to start optimizing their assets in a real-time manner.”

TGT launches industry first in well integrity diagnostics

TGT announced the launch of Pulse1, the industry’s first slimhole tube integrity technology that delivers actual wall thickness measurements in eight sectors with ‘all around’ sensing of tube wall condition.

Canadian offshore slowdown impacts R&D investment dollars

With the offshore energy industry now in crisis mode, and no sign of help from Ottawa, companies are putting many of their projects on hold indefinitely.

Acoustic Data wins $4.5MM contract for wireless downhole data acquisition

Acoustic Data has been awarded a $4.5mm three-year contract by a supermajor to deploy its SonicGauge Wireless Monitoring System in onshore gas fields in Asia.

ICONIC tallies first successful North Sea instrumented tubular plug installation

ICONIC has successfully installed its first iTP (Instrumented Tubular Plug) in the Norwegian North Sea. Designed to provide real-time pressure and temperature data anywhere in the well, the iTP has been qualified for use on HPHT wells.

Schlumberger introduces Symphony Live downhole reservoir testing

Symphony testing reduces operational time and improves safety and efficiency while enabling informed decision making for better reservoir understanding and reduced field development planning uncertainty.

Schlumberger introduces real-time oil and gas data management service

Schlumberger introduced its Performance Live digitally connected service that optimizes remote wellsite operations control while improving safety, efficiency and footprint. The service includes technology and domain expertise within a digital ecosystem, leveraging cloud-based applications and automated data workflows through a secure and robust data network.

Weatherford digital transformation program adds $156 MM in revenue for Mideast operator

Weatherford International announced its Production Optimization Software Platform increased production by nearly 6,000 barrels per day, boosting revenue by $156 million over three years for a Middle East operator.

mCloud, nybl to jointly optimize 2,000 oil wells in Kuwait and North America

mCloud Technologies, a provider of asset management solutions combining IoT, cloud computing, artificial intelligence and analytics, announced it had signed a mutual reseller and a global service agreement with nybl, an innovative technology company delivering AI solutions to industries that include process industries such as oil and gas.

Zupt completes Gulf of Mexico remote metrology survey

Houston-based Zupt LLC has been completing metrologies remotely, without offshore survey personnel, since 2017 and is believed to be only company with the end-to-end ability to complete spool/jumper metrologies in this way.

Fugro completes Middle East’s first uncrewed geophysical route survey

Controlled from their remote operations center in Abu Dhabi, an uncrewed surface vessel (USV) captured a full range of geophysical data across a survey area some 40 km out from the coast of Abu Dhabi to support a client’s critical project entirely remotely.

Production 4.0 opens custom analytics and autonomous controls to anyone

Manoj Nimbalkar, Weatherford International

Each year, the oil and gas industry could save billions in OPEX if just a tiny fraction of the world’s rod-lift and gas-lift wells had the benefit of autonomous optimization.

Schlumberger strikes wireline tech license agreement with China’s CNPC Logging

The collaboration agreement will provide CNPC Logging with a license to manufacture fit-for-basin wireline technology. As part of the agreement, Schlumberger will support CNPC Logging on the manufacturing and sustaining activities for ThruBit through-the-bit logging technology at the CNPC Logging technology center in Xi’an, Shaanxi province.

Scotland dedicates £62 million to leading the net-zero energy transition

The investment, with a focus on the North East, underpins the region’s ambitions to become a world leader in the transition to net zero, helping Scotland meet its ambitious targets on climate change.

SparkCognition and Siemens team up on AI-driven cyber defense system for endpoint energy assets

The AI-driven system will deliver next-generation antivirus, threat detection, application control, and zero-day attack prevention to endpoint power generation, oil and gas, and transmission and distribution assets.

WFS Technologies and Subsea Energy Solutions team up on offshore monitoring systems

WFS Technologies has joined forces with Subsea Energy Solutions to harness their combined global expertise and market-leading range of live condition monitored cable protection systems for the offshore energy industry.

R2S digital twin solution set to deploy for major Americas-based NOC

James Fisher Asset Information Services will deliver a minimum of six R2S digital twins this year to a major Americas NOC in a growing market, helping to further expand the technology’s global footprint.