FutureOn, a provider of software solutions for the offshore energy industry, has entered a strategic partnership with Kongsberg Digital (KDI), the digital division of the Kongsberg Group to work on digital twin solutions for renewable energy industry…
According to Oil & Gas UK’s latest Tech Insights report, data and digital solutions are finally becoming an integral part of the asset lifecycle. One of the largest areas where they’re applied is facilities management, but what about the design phase…
Oil major Shell and Norway's Kongsberg Digital have entered an agreement to collaborate and enable digital solutions and transformation for Shell's well delivery and performance.According to Kongsberg, Shell has used Kongsberg Digital’s real…
Digitalization and remote monitoring have in the past years been hailed as the next big thing in the offshore oil and gas industry. However, these advancements have made offshore drilling rigs more vulnerable to cyber-attacks, potentially resulting in serious process safety incidents…
Oilfield services firm Petrofac said Monday it has with the help of digitalization, and in cooperation with James Fisher Asset Information Services (JF AIS), managed to eliminate the need for offshore surveys ahead of modification scopes, reducing time and cost…
To thrive in the long term, the offshore industry must turn its attention to extracting—and making the most of—another key resource: data. This will help companies stay afloat in an increasingly challenging economic context and enable them to play their part in the energy transition…
Sonardyne reports successfully providing remote Fusion 2 survey operations capability on a live subsea construction campaign in the U.S. Gulf of Mexico.Using its new Remote Operations Access Module (ROAM), Sonardyne surveyors based in the UK…
Offshore drilling contractor Stena Drilling has awarded a 'six-figure' fleet-wide deal to cloud reporting and analytics firm Independent Data Services, which will deploy solutions for near-real time rig and fleet-wide performance benchmarks…
The Coronavirus and a surge of available connectivity means take up of new E&P technologies is stronger than ever, writes Tore Morten Olsen, President, Maritime, Marlink.The oilfield of the future is a concept that was emerging before the Coronavirus…
The slowdown of the world economy and plummeting energy consumption have eclipsed most other industry news. Oil exporting countries are coming to terms with limiting production to sustain reasonable prices, and operators are looking for ways to improve efficiency…
Industries are adapting to an increasingly digitalized landscape. The floating production, storage and offloading (FPSO) industry is no different. As concerted efforts are made to improve project economics Matt Tremblay, ABS Senior Vice President…
One of the world's largest maritime classification societies American Bureau of Shipping (ABS) on Tuesday launched a web-based digital platform that 'delivers real-time data-driven insights to improve fleet efficiency, reduce costs and help manage risks…
The oil and gas industry is currently enduring one of the most challenging periods in its history. The impact of the COVID-19 pandemic significantly accelerated an existing decline in global demand for hydrocarbons, resulting in the lowest oil prices for 30 years…
Oilfield services firm Halliburton will design and implement a series of digital transformation projects aimed at boosting production from Thailand-based PTTEP's offshore oil fields.Halliburton said Tuesday that it had won a contract to deliver…
Oil and gas company on Tuesday announced Neptune Energy 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…