Energy majors Shell and Equinor have signed a Memorandum of Understanding on digital collaboration to develop solutions and methods together through the exchange of expertise within areas like data science, artificial intelligence, and 3D printing…
Offshore drilling contractor ARO Drilling has deployed IFS Applications on 16 of its offshore drilling rigs. IFS, a software solutions company, said in a statement its applications helped ARO „to unify mission-critical business processes across…
How cloud-based computing is transforming subsea surveyDigitalization has revolutionized the world, and hydrographic survey techniques are no exception. While advances in mechanical design have enabled the survey of increasingly remote locations…
Marine geophysical firm PGS and artificial intelligence (AI) software-as-a-service (SaaS) company Cognite are teaming up in an effort to make seismic survey vessels work better, faster and more efficiently.Venturing into a new area of the energy sector…
Aker BP said it plans to trial robots and drones for autonomous inspection, data capture and automatic report generation on its operated Skarv installation in the Norwegian Sea during 2020.The Norwegian focused exploration and production firm…
For any new offshore oil and gas project, calculating costs is key. Operators must assess both up-front capital expenditure (capex) as well as expected ongoing operational expenditure (opex) over the life of the project and weigh these figures…
Services company Danos said it is tapping virtual reality (VR) technology to assess and train its employees, in an effort to drive down costs for customers while increasing safety and minimizing exposure.“It’s critical that employees be assessed for competency…
Baker Hughes, C3.ai, and Microsoft Corp. announced an alliance to bring enterprise artificial intelligence (AI) solutions to the energy industry on the Microsoft Azure cloud computing platform.This alliance will enable customers to streamline…
Operators are on digitization journeys linked to life extension projects that aim to make the most of older infrastructure. Proposed tiebacks at ConocoPhillips’ Tor II and on Aker BP’s Ivar Aasen projects look set to reveal a special benefit to “freeing data”…
Operators have traditionally grown their resources and reserves through acquisition, exploration and producing more from an already-discovered field. Now, digital technologies are helping operators increase reserves.Wood Mackenzie research director…
Mexican national oil company Pemex will not pay a ransom demanded by suspected cyberattackers who targeted the firm's computer systems, Energy Minister Rocio Nahle told reporters on Wednesday.Nahle, who also serves as chair of the Pemex board…
Showcasing Norwegian digital solutions, the Subsea Digital Alliance has been launched to bring smart cloud collaboration to the energy industry.As digital strategists in the oil and gas sector see the opportunity to leverage new projects to introduce new…
Lamprell, a provider of fabrication, engineering and contracting services to the offshore and onshore oil and gas and energy sector, said it is partnering with digital solutions and services company Injazat to create and market digital solutions focused on the oil and gas and renewables markets…
Oilfield services firm Weatherford has introduced ForeSite Flow, a flow-measurement solution driven by Production 4.0 intelligence.Unveiled this week at ADIPEC 2019, ForeSite Flow is a full-range, non-nuclear multiphase flowmeter paired with Weatherford ForeSite intelligence…
SamSam, Shamoon, Stuxnet and Triton are just some of the popular viruses that have been targeted at Industrial Control Systems (ICS). They have caused a lot of damage. Triton’s purpose was causing loss of life; now, that is serious. In the IT security environment…