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EMGS initiates transition to low-cost set-up
Following the end of acquisition work under the two-year contract in the Americas, as announced to the market on 20 February 2020, the recent sharp oil price decline and the uncertainty created by the global Covid-19 pandemic, with associated impact on the global economy and, in particular, on oil company investment decisions, Electromagnetic Geoservices ASA ("EMGS" or the "Company") has experienced a rapid deterioration in the Company's backlog for 2020.
02 Apr 2020

Critical infrastructure cyber attack greater concern than enterprise data breach
Claroty, the global leader in industrial cybersecurity, has released research into the state of industrial cybersecurity worldwide, which found that 74% of IT security professionals globally are more concerned about a cyber attack on critical infrastructure than an enterprise data breach.
02 Apr 2020

Bentley Systems' SVP Alan Kiraly elected to the board of MIMOSA
Bentley Systems, Incorporated, a leading global provider of comprehensive software and digital twin cloud services for advancing the design, construction, and operations of infrastructure, announced that Alan Kiraly, Bentley's SVP for asset and network performance, has been elected to the board of MIMOSA.
02 Apr 2020

Premier Oil North Sea implements DeepStream Technologies to help mitigate risk
Highlights: • DeepStream is a secure digital tendering, contractor management and business-to-business communication platform • The cloud-based technology reduces cost and drives secure and auditable supply chain informational exchanges via a multi sided network model • Premier Oil will use and test the platform to assure digital transparency, collaboration within their supply chains and materially reduce compliance and audit risks inherent in manual email tendering • DeepStream implemented for all UK business of Premier Oil
02 Apr 2020

DNV GL - incorporating probability in digital twins
DNV GL has announced a concept of a 'probabilistic digital twin', which can take the probability of risk factors into account, when modelling live operations.
02 Apr 2020

Visavi - helping AkerBP with operational planning
Visavi Technology of [place] helps offshore oil and gas companies with their operational planning, gathering data from multiple software systems and presenting it on a large touch screen. It is doing an installation with Aker BP.
02 Apr 2020

Serious vulnerability discovered in Profinet industrial communication protocol
A serious vulnerability was recently found in the Profinet industrial communication protocol exposes devices from Siemens, Moxa and possibly other vendors to denial-of-service (DoS) attacks.
19 Mar 2020

Black Cat Engineering partners with TCS to drive its digital transformation
Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization, has been selected by Black Cat Engineering & Construction (BCEC), Qatar's largest EPC and maintenance contractor for the upstream oil and gas industry, as the strategic partner to drive the latter's digital transformation and co-innovation strategy.
19 Mar 2020

Emerson introduces new data visualisation software for flow measurement
Emerson has released Micro Motion ProcessViz, a standalone, cost-effective software solution for flow meter process data visualisation.
19 Mar 2020

Emerson and QRI to deliver AI-based analytics to the global oil and gas industry
Emerson and Quantum Reservoir Impact (QRI) announced they have teamed up to develop and market next-generation applications for artificial intelligence (AI)-based analytics and decision-making tools customized for oil and gas exploration and production (E&P).
19 Mar 2020

Trelleborg unveils new digitized pipeline protection products
Trelleborg's offshore operation has unveiled its new digitized monitoring technology for pipeline protection ancillaries.
19 Mar 2020

Aker BP and Framo sign first long-term smart contract for offshore maintenance
In an important step in the modernisation of the Norwegian shelf operations, Aker BP and Framo have entered a long-term maintenance contract for seawater lift pumps where compensation is directly linked to facility uptime, effective from 5 March.
19 Mar 2020

Underwater 3D inspection solution clinches contracts for Cortez Subsea
Subsea technology and services company, Cortez Subsea, enjoys success in the global inspection market thanks to its 3D technology.
19 Mar 2020

DNV GL launches venture fund inspired by "decade of transformations"
DNV GL, the risk management and system assurance company, has launched a venture fund in response to the challenges of the 'decade of transformations,' which will be defined by the energy transition and the fourth industrial revolution.
19 Mar 2020

Contract wins fuel growth at OPEX Group
An Aberdeen-based provider of data science and predictive analysis services has secured contracts worth £1million since the start of 2020, amid a period of significant growth for the firm.
19 Mar 2020

Origo oil&gas financial reporting and analytics software expands internationally
Third Corner, Inc., developer of the Origo oil & gas data integration and financial reporting solution, announces the signing of software licenses for Calgary-based Sitka Exploration Ltd and Prairie Thunder Resources Ltd.
19 Mar 2020

Restrata - using data to track offshore people
Restrata is helping oil and gas companies better track the location of staff offshore, gathering data from multiple systems and using logic to resolve conflicts in the data.
19 Mar 2020

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