Technology News

 

Modern Facies Analysis Brings Greater Accuracy to Reservoir Models

Oct 16, 2018

New facies-first technique provides greater geo-model accuracy to optimize reservoir appraisal and assessment.Deriving facies models from the outcomes of seismic inversions, and their derivatives, has become standard practice in reservoir characterization workflows…

Stena Drillship Set for High-tech Upgrade

Oct 16, 2018

Stena Drilling has contracted Kongsberg Maritime to deliver a complete upgrade of its systems aboard the Stena Carron, a harsh environment dynamically positioned DP Class 3 drillship capable of drilling in water depths up to 10,000ft. Stena…

DNV GL to Update Carbon Trust Offshore Wind Accelerator Roadmap

Oct 16, 2018

DNV GL, the resource of independent energy experts and certification body, leads a consortium to update the Carbon Trust Offshore Wind Accelerator Roadmap for the commercial acceptance of floating LiDAR technology.The other members of the consortium are Frazer Nash Consultancy…

Coretrax Helps Slash Well Abandonment Costs

Oct 15, 2018

A North Sea operator saved more than £500,000 during a well abandonment campaign in the U.K. Continental Shelf with the help of independent wellbore clean-up and abandonment specialist Coretrax.Coretrax was selected to support the decommissioning…

QP to Take Over Idd El Shargi North Dome Field

Oct 14, 2018

Qatar Petroleum announced that it will manage and operate the Idd El-Shargi North Dome (ISND) field following the expiry of the Development & Production Sharing Agreement (DPSA) with Occidental Petroleum of Qatar on October 6, 2019.Qatar Petroleum…

C-Kore Systems Rolls-out New In-line Testing Tools

Oct 14, 2018

U.K. based subsea testing company C-Kore Systems announced a new ‘in-line’ version of their C-Kore subsea testing tools.The streamlined design makes it possible to connect into hard-to access equipment, such as cylindrical UTAs or high-density connector layouts…

SeaBird, MCG Get More Work

Oct 14, 2018

Seismic players SeaBird Exploration and its partner Norway's MultiClient Geophysical (MCG) announce that significant additional pre funding commitment from an oil major has been secured relating to the ongoing MC2D project in North West Europe…

LNG Report: Floating Liquefaction & Regasification

Oct 11, 2018

International Maritime Associates has completed a 12-month study of the global market for floating gas liquefaction plants and floating LNG regasification terminals.   The 150+ page study, published by World Energy Reports, is the most detailed analysis yet made of this growing business sector…

Oil And Gas CEO: New Tech Creates Opportunity

Oct 10, 2018

Data from KPMG’s 2018 Oil and Gas CEO Outlook, released Oct. 10, reveals that globally, almost all oil and gas CEOs believe new technology creates opportunities. Eighty-five percent are piloting or have already implemented Artificial Intelligence (AI)…

Baker Hughes is Exploring Advanced Manufacturing with AFRC

Oct 10, 2018

The University of Strathclyde’s Advanced Forming Research Center (AFRC) and Baker Hughes, a GE company (BHGE), have joined forces to explore how some of the latest advanced manufacturing tools and processes can drive more efficient, smarter…

New GPS Interference Mitigation Solution

Oct 09, 2018

A new anti-jamming antenna is designed to mitigate intentional and unintentional interference and jamming in challenging offshore environments.The VERIPOS GAJT-710-MS helps combat the growing threats of interference and jamming in the offshore…

DOF Subsea Selects Sonardyne Navigation Tech

Oct 09, 2018

International subsea services provider DOF Subsea has chosen acoustic and inertial navigation technology from Sonardyne Brasil Ltda. to support its deepwater operations from three vessels offshore Brazil.The three vessels will be equipped with…

Seismic From Below

Oct 08, 2018

Seabed Geosolutions’ Ocean Bottom Seismic & Manta OBNThe acquisition of seismic data using nodes placed on the sea floor, Ocean Bottom Seismic (OBS) and its use in deep water with Ocean Bottom Nodes (OBN) have been growing rapidly in recent…

SAExploration Wins USD 100mln Project in South Asia

Oct 05, 2018

Houston-based oilfield services company  and seismic data specialist SAExploration announced receipt of a letter of award for a new marine project in South Asia for a major National Oil Company valued at approximately $100 million.The project…

Gazprom, OMV Sign a Memorandum on Strategic Cooperation

Oct 05, 2018

The Russian gas giant of Gazprom and the Austrian OMV company signed a Memorandum on Strategic Cooperation.The document, signed by Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV…

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