Technology News

 

Moving toward all-electric

Jun 01, 2017

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…

Oil and gas industry on guard for cyber attack

May 23, 2017

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 in major digitization investment

May 22, 2017

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…

NPD inks framework deals with 11 companies

May 19, 2017

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 starts GoM airborne survey

May 18, 2017

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…

Do call it a (deepwater) comeback

May 11, 2017

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, DSME sign FLNG agreement

May 04, 2017

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, Aker BP in digital partnership

May 03, 2017

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 releases Petal Valve MBC

May 03, 2017

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…

SLB develops fluid mapping service, SpectraSphere

May 03, 2017

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…

DNV GL eyes dynamic risk assessment

May 02, 2017

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…

Xvision develops Field AP online tool

May 01, 2017

Xvision Software has developed FieldAP, a 100% cloud-based technology for the energy industry providing offshore project managers with an online tool for visual field development, digital planning and cost containment. According to Xvision…

Siemens, Darktrace form cyber security partnership

May 01, 2017

Darktrace, a provider of Enterprise and Industrial Immune System technology, and Siemens, a global engineering and technology provider, have entered into a strategic partnership to bring cyber defense for operational technology (OT) to the oil and gas industry and electric utilities…

BHI introduces DEEPFRAC fracturing service

May 01, 2017

Baker Hughes (BHI) has introduced its DEEPFRAC deepwater multistage fracturing service, which aims to save operators hundreds of millions of dollars in offshore developments through efficiency gains across the completion phase. Using multiposition sleeves and patented flowback control technology…

Offshore Technical Compliance acquires NWTS

May 01, 2017

Offshore Technical Compliance (OTC), a provider of compliance related services, has acquired Northwest Technical Solutions (NWTS) as a wholly-owned subsidiary, extending the efficiency and reach of its offshore services. The acquisition of NWTS…

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