Technology News


KW Designed Solutions Restructures

Aug 19, 2019

Chorley, UK based high pressure engineering company KW Designed Solutions said it has recently restructured, launching a new company KW Pressure Testing and introducing the KW Group to manage both firms, as part of a complete rebrand.A new state-of-the-art…

Hunting Acquires RTI Energy Systems

Aug 16, 2019

London-headquartered energy services group Hunting said it has acquired the business and assets of US-based riser technologies manufacturer RTI Energy Systems (RTIES) for a total cash consideration of $12.5 million, funded from existing cash resources…

Prolonging Wellhead Fatigue Life

Aug 16, 2019

When oil and gas operators need to carry out workovers or plug and abandon a deepwater well, a primary concern is how much fatigue life remains in the wellhead.Wells from two decades ago were drilled and completed with rigs that may have been decommissioned…

Emerson Expands Asset Management Coverage

Aug 15, 2019

Industrial automation company Emerson said it has expanded AMS Device Manager with HART-IP support, making it easier to connect with devices and control systems and potentially eliminate hundreds of thousands of dollars in project hardware and engineering…

New Autonomous Vehicle for Offshore Wind Surveys

Aug 15, 2019

A new autonomous sailing platform aims make the collection of offshore wind energy data easier, faster, cleaner and more cost efficient.The 16-foot wind- and solar-powered Datamaran, launched recently by Norwegian energy company Equinor and US technology firm Autonomous Marine Systems Inc…

Subsea Innovation Scores TechnipFMC Contract

Aug 15, 2019

Subsea Innovation said it has won a contract win with TechnipFMC in Norway for the supply and installation support of subsea protection equipment.In 2018 Subsea Innovation engineered next-generation seal for their Pipe in Pipe Waterstops, designed and developed from its head office in Darlington…

ABB Debuts AXR Large AC Motors

Aug 15, 2019

The AXR 5000 and 5800 Large AC NEMA motors deliver an average of 15% more power over conventional designs, according to manufacturer ABB. The new motors, introduced in May this year, also meet American Petroleum Institute 541 and 547 standards for motors operating in the oil and gas industry…

Drilling Innovation Projects Get a Boost

Aug 14, 2019

A group of projects worth more than £1.3 million ($1.6 million) aims to develop new innovative technologies for use in offshore drilling operations.With the help of £640,000 ($772,000) in co-funding from the Oil & Gas Innovation Center (OGIC)…

OPEX Group Secures CNOOC Contract

Aug 13, 2019

An Aberdeen-based provider of predictive analysis services said it has secured a new multimillion-dollar contract with CNOOC  for digital services across the company’s assets on the UK continental shelf (UKCS).OPEX Group's three-year contract with CNOOC Petroleum Europe Limited…

14 Template Installations in One Month

Aug 12, 2019

In one month – from June 11 to July 13 – 14 templates delivered by Aker Solutions and TechnipFMC were installed by vessels Edda Freya and Normand Vision on behalf of Equinor at four fields on the Norwegian continental shelf. The templates are all built according to the same…

Helang FPSO Process System Delivered

Aug 12, 2019

Oilfield equipment and services company NOV said it has completed the first full topside process systems delivery for Helang FPSO redeployment.NOV's Process and Flow Technologies business unit was contracted by Yinson to design and deliver the full topside process system for FPSO Helang…

ABB Names Rosengren as CEO

Aug 12, 2019

Björn Rosengren has been appointed as the new chief executive officer of ABB, the Swiss engineering and technology company announced on Sunday.Rosengren, a Swedish citizen, will join ABB on February 1, 2020 and succeed CEO, Peter Voser, in this role on March 1…

“See” Ahead of the Bit

Aug 12, 2019

Even with the best seismic data and reservoir modeling available, drillers have remained in the dark about what’s in front of the drill bit. A new sensing tool has been designed to “see” ahead of the bit and can transmit data in real time to shift drilling operations from reactive to proactive…

Industrial Internet to Help Upstream Sector

Aug 12, 2019

There has been a growing interest among oil and gas companies in adopting the Industrial Internet to improve sustainability and market competitiveness, said a study.According to data and analytics company GlobalData the upstream sector is witnessing…

Saipem, SEKO Developing Subsea Metering Pump

Aug 09, 2019

Saipem said it is working with UK-based metering pumps manufacturer SEKO to create a new subsea metering pump capable of operating in extreme conditions.The Italian services company announced on social media that it has signed a collaboration…

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