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AI project aims to unlock "treasure trove" of big data for oil and gas
A joint project involving researchers from the University of Aberdeen is using artificial intelligence (AI) to unlock the 'treasure trove' of raw data collected by the oil and gas industry in order to maximise economic recovery.
01 Nov 2019

Shearwater GeoServices returns for acquisition and processing contract in Turkey
Shearwater GeoServices Holding AS ('Shearwater') announced the award of a seismic acquisition and depth processing contract by Türkiye Petrolleri Anonim Ortakl??? (TPAO).
01 Nov 2019

Serica Energy first to digitise safety in the North Sea with Restrata Platform
Serica Energy has become the first operator to digitise safety in the North Sea after signing a deal to adopt the Restrata Platform - a piece of cutting edge technology which provides real-time monitoring of people and assets around the world.
01 Nov 2019

Allseas chooses WFS Seatooth Pipelogger for major subsea pipeline project
Allseas, a global leader in offshore pipeline installation, heavy lift and subsea construction, has chosen WFS Technologies' new Seatooth Pipelogger for the real time measurement of process temperature on a subsea pipeline system which they have installed recently.
01 Nov 2019

New mentoring app embraces the needs of tomorrow's talent
• OGTC partner with industry to launch modern approach to mentoring with new app • Diversity and inclusion a strategic target in initial pilot • Long term focus on retention and development of diverse talent pool
01 Nov 2019

Schlumberger introduces high-definition dual-imaging-while-drilling service
TerraSphere service overcomes geomechanics-related challenges and provides geological characterization in real time.
01 Nov 2019

Aberdeen firm innovative asset management tool AIDA could save millions
Aberdeen-headquartered asset integrity management firm IMRANDD launched Advanced Inspection Data Analytics (AIDA), a tool which has the potential to save companies upwards of 20% a year in inspection costs per asset and several million dollars from unplanned outages (even preventing one days outage could save upwards $1m).
01 Nov 2019

PetroCloud changes name to Twenty20 Solutions
PetroCloud, a leading provider of security, monitoring and automation solutions for customers with remote operations, announced it has changed its name from PetroCloud to Twenty20 Solutions.
01 Nov 2019

Eagle Ford operator saves $500k from scheduling software using Actenum
US scheduling software company Actenum reports that a (name undisclosed) Eagle Ford Shale operator was able to add $500k to its annual earnings, through being able to capture all of its program activities and milestones for a drilling program in a single schedule on the software.
27 Oct 2019

Seadrill launches safety technology for offshore drilling
Seadrill Limited ("Seadrill") announced the introduction of Vision IQ for offshore drilling rigs, a next-generation AI-enabled safety technology, which monitors and provides advanced warning of potential risks in the Red Zone.
08 Oct 2019

Wellbore Integrity Solutions joins OFS Portal
OFS Portal announced that Wellbore Integrity Solutions (WIS) has joined the organization as a supplier member.
08 Oct 2019

Arnlea launches new version of inspection software for hazardous areas
Arnlea, a global leader in industrial mobile software for tracking, inspection and maintenance work in the oil and gas industry, has launched a new version of its software product for use in hazardous areas of operations.
08 Oct 2019

Sphera signs agreement to acquire thinkstep
Sphera, a global provider of Integrated Risk Management software and information services with a focus on Environmental Health & Safety, Operational Risk and Product Stewardship, announced it has entered into an agreement to acquire thinkstep, a Stuttgart, Germany-based software and consulting services company that specializes in Corporate Sustainability and Product Stewardship.
08 Oct 2019

WFS expands senior leadership team with appointment of new CTO
Continuing their ambitious growth plans for 2019, global provider of disruptive wireless subsea internet of things technology, WFS Technologies, has appointed a new Chief Technology Officer to drive its evolving product portfolio and software development roadmap.
08 Oct 2019

Accenture 2019 Technology Vision for Energy report
Accenture has released its 2019 Technology Vision for Energy report, which predicts key trends likely to disrupt oil & gas over the next three years.
08 Oct 2019

Scale Computing improved IT efficiency and disaster recovery capabilities
Scale Computing, a market leader in edge computing, virtualisation, and hyperconverged solutions, announced that the company is experiencing growing demand for the edge computing and hyperconverged IT solutions delivered by its Scale Computing HC3 across the oil and gas extraction, and energy provider sectors.
08 Oct 2019

Bentley Systems - taking structural modelling further
Bentley Systems, a US software company specialising in tools for infrastructure, is pulling together a number of different software tools to make an integrated suite for modelling offshore structures and operations.
03 Sep 2019

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