Technology News


Wood Group acquires Intetech Limited

May 22, 2013

Wood Group announced the acquisition of Intetech Limited ('Intetech'), a niche provider of software and engineering consultancy services for well integrity and corrosion management to the global oil & gas market.  Formed in 1991, Intetech employs around 30 people…

Jason Launches New 3D Interpretation Software

May 20, 2013

CGG announced today that Jason, a CGG company specializing in seismic reservoir characterization software and services, has added a powerful new product, 3D Interpretation, to its reservoir characterization software suite. The new software…

DOE Inc announces two new autonomous/WiFi controlled USVs

May 15, 2013

DOE, Inc. (Deep Ocean Engineering) announced they have added two new vehicles to their product line, the dual hull H-1750 and the mono hull I-1650.  Both vehicles are controlled wirelessly by a dedicated WiFi link and have ranges up to 2km…

Fires and explosions a growing liability concern

May 14, 2013

Oil and natural gas industry operations managers, health and safety managers, as well as plant and facility superintendents and engineers face increasing liability issues created by fires and explosions, according to a white paper released by Scorpion Protective Coatings Inc…

Marine Cybernetics wins Petrobras contract

May 14, 2013

Marine Cybernetics AS (MC) recently signed its first contract for delivery of HIL testing (Hardware in the Loop) to a total of six mobile offshore drilling unit (MODU) newbuilds to be hired by Petrobras in Brazil. HIL testing is a proven methodology that is used in many other industries…

Subsea 7's autonomous inspection vehicle

May 02, 2013

In this video, Subsea 7 discusses its new autonomous inspection vehicle (AIV). The AIV is a fully autonomous, hovering vehicle designed to provide general video inspection information of infield oil and gas equipment. It is capable of unmanned autonomous inspection of pipelines…

OTC.13: Trelleborg exhibits sealing materials range

May 01, 2013

After comprehensive third-party testing, Trelleborg Sealing Solutions now has 20 best-in-class materials qualified to stringent API and ISO specifications. The wide range of approved compounds, from elastomers to PEEK and PTFE based compounds…

Viking Offshore breaks ground in Singapore for R&D center

May 01, 2013

Viking Offshore & Marine Limited announced on 26 April 2013, that it would invest up to S$15 million to set up a dedicated innovation hub in Singapore to house and invest in promising offshore and marine companies. Mr. Andy Lim,…

Innovation is highlighted by OTC.13 Spotlight Award Winners

May 01, 2013

This year’s group of Spotlight Award winners at the Offshore Technology Conference (OTC.13) brings advances in all areas of offshore activity. Advances were generated in drilling, logging, operational control, robotic intervention and more…

Norway celebrates 40 years at OTC.13

May 01, 2013

Norwegian innovation in the oil and gas industry will be celebrated in Houston with the marking of a major milestone this year. Norway is marking its 40th anniversary of attending the Offshore Technology Conference with an impressive line…

OTC.13: IHC Merwede presents vessels, technological innovations

May 01, 2013

The IHC Merwede stand (number 2625) will feature a diverse range of innovative vessels, advanced equipment and life-cycle support activities at this year’s Offshore Technology Conference (OTC). The company is exhibiting at the annual event in Texas…

Conical diamond technology

Apr 16, 2013

Smith Bits, a Schlumberger company, introduced the Stinger conical diamond technology last month. The bit features an ultrathick polycrystalline diamond layer that is thicker than conventional PDC cutters. The Stinger element enables high-point loading to fracture rock more efficiently…

Increasing returns from asset management investment

Apr 14, 2013

The offshore industry is perhaps the single most demanding environment for assets. Exposure to the elements, the remote nature of drilling equipment, limited space, a volatile project-oriented environment, and risk management concerns, all…

New subsea centre for Newcastle

Apr 14, 2013

Newcastle University is to lead a national centre for subsea and offshore engineering as part of a major drive to develop new materials and technologies to explore the world’s oceans. The Neptune National Centre for Subsea and Offshore Engineering…

ThoughtStream: Risk comes in many forms, but it has to be challenged

Apr 10, 2013

For many years it’s been clear demand is rising – and that trend has stayed consistent – but there has been a lot of change in where the supply is coming from. BP estimates that global energy demand is likely to grow by more than a third between now and 2030…

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