Technology News

 

Subsea Innovation Achieves DNV GL Type Approval

Jan 11, 2019

SIClamp structural pipeline repair clamp technology from U.K. manufacturer Subsea Innovation is designed to act as a temporary or permanent structural repair clamp for carbon steel pipelines designed for water, oil or gas transport. Emergency…

Oil and Gas Digital Investment Set to Surge

Jan 10, 2019

Global oil and gas executives are preparing to accelerate their investment in digital technologies, primarily as they seek to double down on their cost-saving ambitions.An EY survey of 100 global oil and gas executives found that 89 percent…

Optime Subsea Bags Long-term Deal with Aker BP

Jan 10, 2019

Norwegian based Optime Subsea said it has been selected by Aker BP to provide well access system and services on the Norwegian continental shelf (NCS) for the next two years, with extension options.Aker BP will in the next two years use Optime…

New Active Vibration Damper Tool

Jan 10, 2019

A new active vibration damper tool autonomously adapts to changing downhole bottom hole assembly (BHA) motion in real time, reducing drilling dysfunctions and ultimately leading to faster, more efficient drilling, says Norwegian services company PSW Group…

Lessons Learned from an I3P Review of HPHT Equipment

Jan 09, 2019

The U.S. Department of the Interior’s Bureau of Safety and Environmental Enforcement (BSEE) defines a high-pressure/high-temperature (HP/HT) environment as any reservoir that requires completion equipment or well control equipment with an assigned pressure rating greater than 15…

Saipem to Advance Shell's FlatFish Technology

Jan 09, 2019

Italian oil and gas contractor Saipem said it will work with Shell to further enhance key features of the oil major’s proprietary subsea autonomous vehicle, FlatFish.Since March 2018, Saipem has been the sole developer of FlatFish technology for Shell…

World's First Floating Wind Turbine Gets New Life

Jan 09, 2019

The world's first industrial-scale floating wind prototype, Hywind 1, installed in 2009 off the west coast of Norway, will be reborn as an infrastructure for research and technology projects in Metcentre at Karmøy.Unitech Offshore, which manufactures and distributes subsea connector assemblies…

ExxonMobil, IBM Partner on Quantum Computing

Jan 08, 2019

Oil supermajor ExxonMobil announced Tuesday it has signed a partnership agreement with technology giant IBM to advance the potential use of quantum computing in developing next-generation energy and manufacturing technologies.The agreement sees…

New Guidance on DP Systems

Jan 08, 2019

The International Marine Contractors Association (IMCA) announced Tuesday it has completed its existing guidance on dynamic positioning (DP) with the newly published ‘Guidance to Identify DP System Components and their Failure Modes’ (IMCA M 247)…

Sphera Acquires Petrotechnics

Jan 08, 2019

Sphera, a provider of integrated risk management software and information services with a focus on operational risk, environmental health and safety and product stewardship, announced it has acquired Petrotechnics, a provider of operational risk software for hazardous industries…

Maintaining Tension in Subsea Cable Laying

Jan 08, 2019

Maintaining cable tension within required tolerances is critical during the submarine cable laying process to minimize the risk of cable damage due to cable cores being crushed or the minimum bend radius being exceeded.To regulate this tension…

BP: New Tech Unlocks 'Significant Growth' in GoM

Jan 08, 2019

BP announced Tuesday it will move forward with its $1.3 billion Atlantis Phase 3 development after recent breakthroughs in advanced seismic imaging and reservoir characterization revealed an additional 400 million barrels of oil in place at the Gulf of Mexico’s third largest oil field…

Forum Bags Mojave ROV Deal

Jan 07, 2019

Oilfield products company Forum Energy Technologies said it has sealed a contract to supply a Mojave remotely operated vehicle (ROV) for the Norwegian firm ESEA Marine.Sub-Atlantic Mojave will also be used by ESEA Submarine’s sister company…

iXblue Partners with Forssea

Jan 07, 2019

iXblue, a designer and manufacturer of advanced navigation, imagery and subsea positioning solutions, said it has joined forces with Forssea, a robotics startup that develops autonomous docking underwater technologies, to bring more agile and cost-effective subsea operations…

TechX: Pioneering and Accelerating

Jan 07, 2019

With just under a month left to apply for this year’s cohort of our technology accelerator program, TechX Pioneers, it’s a great time to celebrate the successes of the class of 2018, as well as look forward to the opportunities ahead.In March…

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