Technology News


Oil & gas must embrace innovation

Sep 30, 2014

The importance of technological innovation in the oil and gas industry has risen over the past two years, according to a survey by Lloyd's Register Energy. Image from Lloyd's Register Lloyd's Register surveyed operators in America…

BHP Billiton, Pemex sign tech MOU

Sep 26, 2014

Melbourne-based mining and petroleum giant BHP Billiton and Mexican national Petroleos Mexicanos (Pemex) signed a memorandum of understanding (MOU) to exchange oil and gas-related technical knowledge and expertise. In April, Pemex announced…

Subsea 7's AIV technology

Sep 26, 2014

Subsea 7 discusses its new autonomous inspection vehicle. Find out more about the technology in the October 2014 edition of Offshore Engineer.

Natural Language Generation in the oil and gas industry

Sep 26, 2014

Appearing at the at the Society of Petroleum Engineers conference in Dubai in 2013, Dr. Robert Dale discusses how Natural Language Generation is being used to help operators make sense of their data; his company Arria NLG's technology could be used to help the industry…

DSM inks mooring contract with Repsol

Sep 24, 2014

Deep Sea Mooring (DSM) has secured a contract to provide a range of mooring services for Repsol's drilling operations on the Norwegian Continental Shelf. Under the contract, DSM will provide marine engineering services and deliver the mooring equipment…

Weatherford adds RokDoc software

Sep 24, 2014

Weatherford International licensed the Ikon Science RokDoc RT software system to support its global rig-based real-time pore pressure specialists team.  The RokDoc RT system provides critical modelling tools that allow the pore pressure specialists…

DNV GL: offshore wind to transmission grid safety

Sep 22, 2014

New DNV GL guidelines and practices are ensuring safe connection of offshore wind to the transmission grid. As offshore wind farms are being built farther from the coast and more offshore oil and gas installations are powered from shore…

Wärtsilä and MAN Diesel & Turbo begin Hercules-2

Sep 22, 2014

Wärtsilä and MAN Diesel & Turbo are continuing with a new Hercules-2 project, pending approval under the Horizon 2020 EU Framework Program for Research and Innovation. The Hercules-2 project is aimed at developing a fuel-flexible marine…

Polarcus completes Ireland Porcupine Basin 3D multi-client project

Sep 22, 2014

Polarcus completed acquisition of a major new 3D broadband multi-client project in the southern Porcupine Basin, offshore southwest Ireland. The 4300sq km survey, undertaken in partnership with ION GeoVentures, saw the 3D seismic vessel…

DTU opens new research center

Sep 18, 2014

The Technical University of Denmark’s (DTU) new Danish Hydrocarbon Research and Technology Centre opened 18 September. DBU platform Image: DTU DTU said that it wants to train…

Infield: Deepwater and ultra deepwater overview

Sep 15, 2014

The outlook for the deepwater and ultra deepwater market is positive, with a forecast capital growth rate of around 8% between 2014 and 2018, according to Infield Systems Ltd.’s deepwater and ultra deepwater report. Infield Systems anticipates…

Dow introduces several technologies at Rio Oil & Gas

Sep 15, 2014

Dow is introducing technologies developed for multiple oil and gas applications, including extraction, production, refining, gas treatment and oil distribution, at Rio Oil & Gas 2014. Dow says their technologies improve energy efficiency…

Aker wins US$465M Petrobras contract

Sep 15, 2014

Petrobras awarded Aker Solutions' subsidiary Aker Oilfield Services (AKOFS) a US$465 million contract to provide subsea intervention services offshore Brazil. The five-year contract slated to begin in 4Q 2016 is for the Aker Wayfarer subsea construction vessel…

Flow Research predicts new technology growth

Sep 10, 2014

A new research study from Flow Research, Volume X: The World Market for Flowmeters, 5th Edition finds that the worldwide new-technology flowmeter market totaled US$4 billion in 2013 and is projected to grow substantially to exceed $5.7 billion by 2018…

Sembcorp buys SSP and builds new facility

Sep 10, 2014

Singapore’s Sembcorp Marine announced they invested millions of dollars in the purchase of an American company and in a new facility in Singapore. The SSP Hub is capable of integrated delivery…

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