Technology News


New Downhole Sensing System

Nov 14, 2018

Downhole sensing technology specialist Well-SENSE has launched its latest FiberLine Intervention (FLI) development, Active FLI at ADIPEC.“Earlier this year, we secured significant investment from Saudi Aramco Energy Ventures (SAEV) which has…

TechnipFMC Inks Deal with Chevron

Nov 14, 2018

TechnipFMC announced on Wednesday it has signed a five-year Surface Technologies Frame Agreement with Chevron to cover the exclusive supply of surface wellhead equipment and service in the U.S. and Canada.Richard Alabaster, President of TechnipFMC’s Surface Technologies business…

New Well Testing Technology

Nov 14, 2018

New technology from Schlumberger delivers well testing performance data in real-time.Schlumberger has introduced well testing live performance technology at the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC). The new technology…

Mero Field: Ultra-Deepwater Challenges

Nov 13, 2018

A range of cutting-edge technologies, including specialized drilling equipment, custom subsea systems and purpose built floating production storage and offloading (FPSO) units, help Brazilian national operator Petrobras and its partners tackle…

Artificial Intelligence Aids Subsea Object Detection

Nov 13, 2018

A developer of real-time 3D sonar technology and real-time subsea intelligence has launched a new product that uses artificial intelligence (AI) to automatically detect and recognize distinct underwater objects.Coda Octopus announced Tuesday…

Largest-ever Bismuth Plug Deployed

Nov 13, 2018

Metal-to-metal downhole sealing solutions provider BiSN said it recently deployed the largest-ever bismuth plug in the Valhall A-30 well, Norway, in conjunction with AkerBP and Altus Intervention.BiSN’s Wel-lok M2M technology – which can be…

New Ethernet Cable from TE

Nov 13, 2018

TE Connectivity (TE) introduced its Raychem Cat 5e cable that offers high-performance Ethernet connectivity at speeds up to 1-Gb/s in harsh military, marine and aerospace environments.The Cat 5e cable makes use of high temperature fluoropolymers…

GE to Sell Portion of Stake in Baker Hughes

Nov 13, 2018

General Electric Co is selling a portion of its stake in oilfield services provider Baker Hughes, the U.S. industrial conglomerate said on Tuesday, its latest move to raise cash and repay debt.GE, which bought Baker Hughes in July 2017, has…

Digitalization Can Save Upstream Business $73 Bln a Year

Nov 12, 2018

Energy firms could save an annual $73 billion within five years in oil and gas exploration and production by making better use of existing computing technology, energy consultancy Wood Mackenzie said.Exploration and production, known as the upstream industry…

Ampelmann Strengthens Foothold in the Middle East

Nov 12, 2018

Ampelmann, the global leader in offshore access solutions, has opened its second office in the Middle East in a move to further expand its presence in the region. The office in Dubai (UAE) will be manned by Tim Mulders as Business Developer…

New Tech Improves Offshore Safety Training

Nov 09, 2018

Offshore workers are set to be better prepared for helicopter safety training thanks to new innovative technology being launched at a U.K. safety training provider.Falck Safety Services UK revealed new 360° immersive technology at the OPITO Safety & Competence Conference being held in Kuala Lumpur…

OPT Rolls Out New Products

Nov 08, 2018

Ocean energy solutions developer Ocean Power Technologies, Inc. has expanded its suite of complimentary products that leverage the core technology of the PowerBuoy, which include subsea batteries and a hybrid (liquid-fueled) PowerBuoy.George H…

MacArtney Hires Behrens as CCO

Nov 08, 2018

Michael Behrens has been named chief commercial officer of subsea technology provider MacArtney Underwater Technology from November 1, based at the company's headquarters in Esbjerg, Denmark.Behrens joins MacArtney from the largest steel and technical sales company in Denmark…

Ashtead Inks Rental Deal with Oceaneering

Nov 07, 2018

Independent provider of subsea equipment rental, sales and services to the offshore industry Ashtead Technology Limited announced Wednesday that it has secured a global master lease agreement with a wholly-owned subsidiary of global oilfield services provider…

Petrobras Increasing Research Investments

Nov 07, 2018

As Brazilian national operator Petrobras and major international oil companies (IOC) target decreasing exploration and production (E&P) costs, especially at deepwater pre-salt plays in Brazil, increased investment will be funneled to research…

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