Technology News


Wison picks AVEVA software for FSRU projects

Nov 18, 2014

EPC firm Wison Offshore & Marine selected AVEVA Marine software for the engineering, design and construction of its offshore Floating Storage Regasification Unit (FSRU) projects.  An Wenxin, Senior Vice President of Wison Offshore & Marine…

Oil industry needs new technology to meet long-term demand

Nov 18, 2014

The industry is going to face more challenges than ever over the next 30 years as it strives to meet global oil and gas demand from ever harder to reach and extract resources, industry bosses say. Amin Nasser…

Execs warn against oil price knee-jerk

Nov 17, 2014

Leading industry executives including BP CEO Bob Dudley cautioned against “over-reacting” to current low oil prices at global industry forum. 'While there has been some speculation that the high cost of unconventional oil production might…

Eco Atlantic completes 3D seismic off Namibia

Nov 14, 2014

Eco Atlantic Oil & Gas Ltd. completed the 3D seismic survey on the Cooper block located in the Walvis Basin, offshore Namibia. The PGS vessel Ramform Vanguard, offshore Namibia. From Eco Atlantic. PGS Geophysical Ltd…

GE opens Brazilian subsea research center

Nov 13, 2014

GE opened its US$500 million Brazil Technology Center in Rio de Janeiro. The research hub will focus on developing advanced technologies for offshore oil and gas exploration and production. The center, GE’s first in Latin America…

GE wins Petronas FLNG 2 contract

Nov 12, 2014

Malaysia’s national oil and gas company Petronas awarded GE Oil & Gas a contract to supply gas turbine-driven compressor train and mechanical drive technology for the second floating liquefied natural gas (FLNG) facility off the coast of East Malaysia…

Harvey Gulf deploys Advanced Logistics software

Nov 12, 2014

Harvey Gulf International Marine is using Advanced Logistics’ marine management system, SAMM, and preventative maintenance module, Preventer,on its fleet of marine transportation vessels. Advanced Logistics’s software allows a vessel…

O3b launches offshore comms service in GOM

Nov 12, 2014

O3b Networks launched the O3bEnergy 20 service for offshore communications in the Gulf of Mexico. O3bEnergy 20 provides energy clients with an aggregate of 20Mbps throughput to a single site at less than 150 msec roundtrip latency delivered over the O3bEnergy 1…

Emerson acquires Paine Electronics business

Nov 12, 2014

Emerson has acquired the Paine Electronics business from Paine Electronics, LLC, which will become part of Emerson Process Management. Paine Electronics, a leading manufacturer of pressure transducers, is recognized worldwide for its pressure…

Kongsberg Maritime launches K-Sim Navigation

Nov 11, 2014

Kongsberg Maritime unveiled its latest generation ship's bridge simulator, K-Sim Navigation, which meets the requirements of the most demanding navigation training for merchant, offshore and naval vessels. Designed for the future of advanced and integrated simulation training…

Middle East a key market for service sector

Nov 11, 2014

The Middle East will be one of the key markets for oilfield services companies for decades to come as countries across the region seek to maximize recovery from maturing assets and bring new fields into production, according to leading energy specialist corporate advisory firm Simmons & Co…

Knowledge management – are we ready for change?

Nov 11, 2014

The future “digital oilfield” must be more than just a trendy buzz word, says Tim Marting, or we risk losing “lessons learned” in out-of-reach pockets of data. Major investment in new extraction technologies is made constantly to help…

BP introduces new EOR technology

Nov 10, 2014

BP has added to its portfolio of enhanced oil recovery (EOR) technologies with a robotic coreflooding system. 'It will give us ten times increase in capacity to test out new EOR techniques on core samples,' Bob Dudley, BP group chief executive…

Intertek opens Abu Dhabi tech center

Nov 10, 2014

Intertek has invested US$2.8 million in its new Abu Dhabi Technology Centre, which supports new exploration and existing operational activity. The Abu Dhabi Technology Centre is currently equipped to provide reservoir characterization services…

OGIC to address SPE ICoTA well intervention conference

Nov 10, 2014

Oil & Gas Innovation Centre’s (OGIC) Ian Phillips, OGIC chief executive, will highlight how the pace of innovation in the oil and gas industry is significantly lower than in comparable industries at the 20thSPE ICoTA Well Intervention Conference in Aberdeen this week…

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