KBC Advanced Technologies won a US$5 million seven-year contract with a major European based oil field services company for the licensing of KBC’s upstream simulation portfolio. This contract covers Maximus, Multiflash and Petro-SIM for…
Det norske oljeselskap ASA (Det norske) received consent from the Petroleum Safety Authority (PSA) of Norway for exploration drilling on the three appraisal wells in Ivar Aasen field in the North Sea. Illustration of Ivar Aasen…
Providing the latest security and surveillance systems and onboard entertainment technologies (Infotainment) such as passenger WiFi services to the demanding rail sector is a challenge. Reliability of these onboard technologies is critical for both train operators and passengers…
Wärtsilä is acquiring L-3 Marine Systems International (L-3 MSI) from L-3 Communications Holdings in a US$353 million deal. L-3 MSI is a business sector within L-3's Electronic Systems business segment primarily focused on the commercial ship industry…
AVEVA announced a number of improvements to AVEVA NET, its powerful information management software. Customer feedback has already shown that these improvements enhance both overall user experience and productivity, enabling significant…
Total E&P Norge selected AVEVA to supply an asset visualization and information management solution for the Martin Linge on the Norwegian continental shelf (NCS). The Martin Linge. From Total. Built on the AVEVA NET software…
Schneider Electric and Electronic Power Design (EPD) are creating a partnership to produce Schneider Electric IEC equipment in the United States. Through this partnership, Schneider Electric will manufacture Okkenglobal products in the US for the first time…
Det norske oljeselskap has begun deployment of AVEVA’s Progressive Handover Solution to manage life cycle information for its Ivar Aasen field project in the North Sea. The AVEVA solution allows Det norske to benefit from improved information…
A new offshore construction vessel, to be built by Wuchang Shipbuilding Industry Group Co. will be the first to include ABB’s integrated power and automation solution, which consists of the company’s power, propulsion, and 800xA control and safety system…
Aker Solutions, FMC Technologies, and GE Oil & Gas set out where they see the future of subsea technologies going. Aker Solutions A vision for the future: advanced subsea production systems. Photo from Aker Solutions…
A new and exciting chapter has opened in the history of the Norwegian Continental Shelf. Meg Chesshyre reports. Fig. 1: Johan Sverdrup phase 1, comprised of four bridge-linked platforms. Image from Statoil…
A megaproject is one that costs more than US$5 billion to develop. They stretch a company’s capabilities to their limits, especially in the harsh climates like the Arctic or in ultra-deep water. In 2000, oil companies took on seven megaprojects…
As demand for oil and gas increases and shallow plays mature, operators are having to look deeper and further offshore. Drilling in more capricious environments has highlighted the importance of safety measures that can quickly and accurately identify problems remotely using automated technology…
Brian Wynne has been named president and CEO of the Association for Unmanned Vehicle Systems International (AUVSI), succeeding the retiring Michael Toscano on 12 January 2015. Incoming AUVSI CEO & President…
Emerson Process Management has introduced OpenEnterprise Field Tools. The remote terminal unit (RTU) and Highway Addressable Remote Transducer (HART) configuration suite enables local and remote configuration and real-time HART device monitoring in remote oil and gas applications…
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