If one thing is certain, it’s that oil prices fall, rise, and then fall again and that the dynamics driving prices are complex and will change faster than we might expect. Image from UTC Twitter…
Elaine Maslin and Audrey Leon look at how digitalization stands to make a big splash in the offshore industry. Embracing a digital vision. Image from DNV GL. Often when digitalization is mentioned…
Ocean floor mapping is being completely re-thought, with the help of drones, swarms of underwater vehicles and unmanned surface vehicles. Elaine Maslin reports. Team Tao’s BEM concept. Images from SMD…
Johan Sverdrup is the largest ongoing project in the North Sea. Elaine Maslin looks at Statoil’s progress, cost reduction and technology use on the development. How it will look: Johan Svedrup…
Elaine Maslin dives deeper into the all-electric subsea equation. The K5F-3 subsea all-electric Xmas tree from OneSubsea.Photo from TEP NL (Total E&P Netherlands). All-electric subsea installations have been on the agenda for years…
The scale and severity of the recent international ransom-ware cyber attack has elevated urgency in the oil and gas industry to detect and defend against potentially debilitating threats and actions. Michie…
Statoil is establishing a digital center of excellence and launching a roadmap with seven specific programs for digitalization in the company towards 2020. Digitalization will help improve the safety, security and efficiency of Statoil operations…
The Norwegian Petroleum Directorate (NPD) has signed framework agreements with 11 supplier firms representing various technology areas to ensure sufficient capacity to be an even better champion for developing new fields and improving recovery from producing fields…
NXT Energy Solutions has started work on the first-ever Stress Field Detection (SFD) Multi-Client Survey in the Gulf of Mexico. NXT’s patented SFD Technology has been approved by the Comisión Nacional de Hidrocarburos, (CNH), for work credits by exploration companies in Mexico…
Gulf of Mexico operators BP and Murphy Oil sing the praises of a new below US$50/bbl breakeven world at this year’s OTC Houston. Audrey Leon reports. Image of Morrison presenting at OTC. Images from OTC…
ABS, a provider of classification and technical services to the marine and offshore industries, signed an agreement with Daewoo Shipbuilding and Marine Engineering Co. (DSME) to support safety and apply class guidance to a conceptual floating liquefied natural gas (FLNG) unit…
Siemens will deliver advanced digital solutions for Aker BP’s future field development projects as part of a long-term partnership between the two companies focused on the design, supply and installation of electrical, instrumentation, control…
Gall Thomson, a provider of marine breakaway coupling (MBC) technology, has developed an enhanced version of its Petal Valve MBC for the offshore hydrocarbon transfer market. Petal17 is 20% lighter than the mean average weight of its…
Schlumberger (SLB) has released their new SpectraSphere fluid mapping-while-drilling service at the 2017 Offshore Technology Conference in Houston, Texas. The service delivers downhole fluid composition during drilling with real-time pressure measurements-while-drilling…
Traditional risk management practices involve operators navigating large static risk reports, in addition to handling massive amounts of data, with a limited timeframe to make risk informed decisions during operations. DNV GL has released…
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