The Coronavirus and a surge of available connectivity means take up of new E&P technologies is stronger than ever, writes Tore Morten Olsen, President, Maritime, Marlink.The oilfield of the future is a concept that was emerging before the Coronavirus…
The COVID-19 crisis has created an unprecedented challenge to the offshore sector, one that is truly global in impact but with a shifting picture in different regions, from recovery in some to the threat of a second wave in others. According to Bureau Veritas’ Dawn Robertson…
The slowdown of the world economy and plummeting energy consumption have eclipsed most other industry news. Oil exporting countries are coming to terms with limiting production to sustain reasonable prices, and operators are looking for ways to improve efficiency…
NewTek Sensor Solutions offers new, custom designs of Submersible Linear Position Sensors constructed of special alloys with chemical resistance to water in depths exceeding 15,000 ft or more and with external pressures up to 20,000psi. NewTek…
Industries are adapting to an increasingly digitalized landscape. The floating production, storage and offloading (FPSO) industry is no different. As concerted efforts are made to improve project economics Matt Tremblay, ABS Senior Vice President…
'We are doing something amazing in Baker Hughes,” said Alex Seinuah, the leader of Baker Hughes’ Growth Initiatives Hub. “I call the hub a start-up business. Within the hub we look at disruptive technologies and services that we believe will deliver value to our customers…
Maritime classification society and technical services provider Lloyd's Register Group (LR) has agreed to sell its Energy business unit to Inspirit Capital, a London-based investment firm.LR said that the agreement followed a review of LR’s business portfolio and strategic direction…
Oil and gas giant Shell has tapped digital innovation specialist Bluware Corp for the supply of deep learning technology, which should speed up work with seismic data interpretation.Bluware Corp said it Monday it had deployed the Pickasso proprietary deep learning technology…
The oil and gas industry is currently enduring one of the most challenging periods in its history. The impact of the COVID-19 pandemic significantly accelerated an existing decline in global demand for hydrocarbons, resulting in the lowest oil prices for 30 years…
Oilfield services firm Halliburton will design and implement a series of digital transformation projects aimed at boosting production from Thailand-based PTTEP's offshore oil fields.Halliburton said Tuesday that it had won a contract to deliver…
Total has been working on robotics for some years now, having launched the Argos challenge in 2013 and now getting ready to put the Taurob designed Stevie robot through its paces in a trial at Shetland Gas Plant. We spoke with Kris Kydd, Head of Robotics…
Swiss-based technology giant ABB will provide electrical, control, and telecommunication solutions for Malaysia-based Yinson's new FPSO - Anna Nery. Once delivered, the FPSO will be deployed at Petrobras' Marlim 2 oil field offshore Brazil.'Leveraging…
Oilfield services giant Schlumberger has this week introduced two interesting technologies for remote well operations and downhole reservoir testing, the Performance Live and the Symphony, respectively.Performance Live is a digital service that optimizes remote well site operations control…
Drone-based inspection company Cyberhawk has said it has signed a five-year, multimillion-dollar software contract with oil giant Shell.Under the contract, Cyberhawk will provide its cloud-based asset visualization software iHawk for all onshore…
Singapore's Temasek Holdings stepped in on Monday to support a S$2.1 billion ($1.5 billion) rights issue by Sembcorp Marine as the state investor moves to help the city-state's struggling rig-building sector.Following the deal, loss-making Sembcorp Marine…
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