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Oil & Gas Technology - page 8

 

TGS Acquires Production Data Firm

Sep 05, 2019

TGS said it has purchased all outstanding shares and completed the acquisition of Lasser, Inc., a Fort Worth-based company which provides historical and monthly oil and gas production data.Lasser owns, maintains and licenses a nationwide U.S…

DNV GL's Probabilistic Digital Twin Launch

Sep 05, 2019

DNV GL proposes the “Probabilistic Digital Twin” (PDT) to close the gap between digital twins – used increasingly by operators to manage the performance of their assets – and risk analysis still largely conducted manually before assets enter service…

Valeport Sensor Technology for Freedom ROV/AUV

Sep 05, 2019

Valeport sensor technology has been selected by Oceaneering International for integration into its subsea Freedom vehicles.  Oceaneering’s next generation hybrid ROV, Freedom, will be fitted with Valeport Bathypack, Altimeter and Hyperion Fluorometer sensors…

Schlumberger CEO Outlines Digital Strategy

Sep 04, 2019

Schlumberger NV's newly-appointed Chief Executive Officer Olivier Le Peuch on Wednesday outlined his vision for the world's largest oilfield services company, vowing to exit unprofitable businesses, restructure some units and focus on returns…

Advanced AI Engine for Automated Blade Damage Detection

Sep 03, 2019

Sulzer Schmid, a Swiss company pioneering UAV technology for rotor blade inspections, and artificial intelligence (AI) specialist NNAISENSE have formed a partnership to develop an artificial intelligence engine to automatically detect rotor blade damages on wind turbines…

Worley, AVEVA to Roll Out Cloud-based EPC Solution

Aug 26, 2019

Engineering and industrial software company AVEVA announced that Worley has selected AVEVA’s Enterprise Resource Management solution as its preferred  materials management platform. The partnership combines Worley’s engineering, procurement…

Oil Price Controls Subsea Market Growth

Aug 23, 2019

The subsea market in 2019 will experience year-on-year growth for the first time since 2014. But the positive outlook is vulnerable to any significant decline in oil prices over the next few years, according to analyst Rystad Energy.“We expect the subsea market to thrive during the coming years…

HMD Builds 2 Methanol-Fueled Tankers

Aug 22, 2019

Two new dual-fueled tankers capable of operation using clean-burning Methanol, Mari Couva and Mari Kokako were named at the Hyundai Mipo Dockyard (HMD) by owners Marinvest and Waterfront Shipping.The Methanol Institute has welcomed the launch of the 49…

Woodside to Implement Schlumberger's DELFI

Aug 20, 2019

Australia's largest oil and gas operator Woodside Energy will leverage Schlumberger's DELFI cognitive cloud-based software environment in an effort to increase consistency, reduce study cycle time and foster innovation in its subsurface characterization and development activities…

US Patent Approval for Wave Energy

Aug 15, 2019

AW-Energy Oy, a Finnish wave energy technology developer, received an “approval” for AW-Energy’s patent application from the United States Patent and Trademark Office (USPTO).The patent [PCT/050485] provides AW-Energy with broad IP protection…

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…

TechnipFMC: Record Orders, Backlog in Q2

Jul 25, 2019

Franco-American oil services company TechnipFMC received a record volume of orders in the second quarter, pushing its backlog of projects to a peak thanks to new liquefied natural gas projects, it said on Wednesday.The records could signal a…

DNV GL Opens 1st LiDAR Test Site in Asia

Jul 22, 2019

Global certification group DNV GL has launched its first LiDAR verification site in Asia to cater for the growing windpower market.The world’s largest resource of independent energy experts and certification body said in a press release that the site…

The Fundamentals of AI in Oil and Gas

Jul 03, 2019

The oil and gas industry has cutting-edge technology when it comes to the processes of drilling for oil, but when it comes to invoicing and scheduling crews and equipment, the technology is rather basic. On top of the antiquated technology for administration work…

Ward Leonard WL29BC200 AC Induction Motor

Jul 02, 2019

The Ward Leonard WL29BC200 AC induction motor is the oil and gas industry’s only 2,000 horsepower motor designed to fit into a 1,500 horsepower motor package, according to its manufacturer.At up to 19 inches smaller and 10% lighter than competing 2…

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China: CNOOC Searching for Three Missing After Fire on Offshore Platform Doused

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