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Digitalization News

 

COVID Accelerates Offshore Energy’s Digital Path

Jan 14, 2022

With an annual R&D budget in excess of a billion Euros, Siemens Energy is well-positioned to drive substantial digital evolution in the offshore energy space. From unmanned offshore rigs to optimized maintenance to decarbonization, digitalization sits at the center. Arja Talakar, SVP, Siemens Energy Industrial Applications Products and Elgonda La Grange, Strategy Manager, Digital Solutions Siemens Energy Industrial Applications discuss the possibilities…

Digitalization: Leveraging Digital Innovation in Offshore Energy

Jun 20, 2022

There is an increasing expectation that oil and gas firms can demonstrate their value and efficiency through more data-centric processes, managing costs and reacting more quickly to changing market conditions. While the sector has typically been slow to adopt digital innovations…

Kongsberg Digital to Handle Floatel Internationals Digital Services

Jun 14, 2022

Floatel International will become a part of Kongsberg Digital's digital infrastructure Vessel Insight.Floatel is currently operating in the North Sea region, Australia, Gulf of Mexico and Brazil and have a fleet consisting of five semi-submersible accommodation and construction support vessels…

Technology: Integration Paves Way for True Digital Transformation

Dec 29, 2021

Oil and gas is achieving next-generation results in design, operation and forecasting by integrating digitalization both within companies and across industry.True, cutting-edge digital transformation of the oil and gas industry requires widespread integration of the technology and regular…

Digitalization: Designing with a Digital Twin

Oct 20, 2021

According to Oil & Gas UK’s latest Tech Insights report, data and digital solutions are finally becoming an integral part of the asset lifecycle. One of the largest areas where they’re applied is facilities management, but what about the design phase…

Digitalization: The Digital Oilfield is Arriving Sooner than We Think

Dec 31, 2020

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…

Digitalization: Trust - The Keystone for Digital Transformation

Oct 29, 2020

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…

Digitizing Risk-based Integrity Management of FPSOs

Oct 23, 2020

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…

Offshore: Digital Twinning & Reduced Operating Cost Offshore

Aug 28, 2020

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…

PTTEP Taps Halliburton for Offshore Production Optimization Services

Aug 19, 2020

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…

Voyager Targets Bulk Shipping for SaaS Solution

Aug 21, 2019

Voyager, a company offering a solution to the bulk commodity shipping market to operate in a unified and digital environment, announced completion a $1.5 million seed funding round co-led by ATX Venture Partners, Blue Bear Capital, GreenHawk Capital…

Industrial Internet to Help Upstream Sector

Aug 12, 2019

There has been a growing interest among oil and gas companies in adopting the Industrial Internet to improve sustainability and market competitiveness, said a study.According to data and analytics company GlobalData the upstream sector is witnessing…

Digitalization Boosts Renewable Sector

Jul 30, 2019

Renewable energy investors and developers are increasingly turning to digital technology to build effective investment strategies, with almost half (47%) of the finance industry saying they have digitalization as a core part of their publicly stated strategy…

Energy Firms Lack in Digital Skills: DNV GL

May 16, 2019

91% of energy companies say digital skills training is needed, data science and big data analytics identified as most important digital skillsets & 65% of organizations need employees with creative problem-solving competence in their workforce…

ABS Explores Pathways to 2050 in Germany

Mar 20, 2019

ABS National Committee has met recently in Germany to explores pathways to 2050, automation and digital with German maritime leaders and offered insight on key challenges.Vessel automation, demystifying digital technologies and pathways to 2050…

Current News

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After Sakhalin-2 Russia to Take Sakhalin-1 Project Under Its Control

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Hellenic Cables to Deliver Inter-array Cables for Hai Long 2 & 3 Offshore Wind Farms in Taiwan

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'Energy Major' Buys 1,2 GW Floating Wind Farm Project from Hexicon Korea

Perdana to Provide AHTS Services to Petronas Carigali

Perdana to Provide AHTS Services to Petronas Carigali

OPEC's Secretary-General Barkindo Dies, Nigerian Oil Official Says

OPEC's Secretary-General Barkindo Dies, Nigerian Oil Official Says

Shell Joins Qatar's LNG Expansion Mega-Project

Shell Joins Qatar's LNG Expansion Mega-Project

Russia's Medvedev Says Oil Could Hit Up to $400 a Barrel if Japanese Proposal Adopted

Russia's Medvedev Says Oil Could Hit Up to $400 a Barrel if Japanese Proposal Adopted
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