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Schlumberger join hands with IHS Markit
Sept. 17, 2019

Schlumberger join hands with IHS Markit

World’s largest oilfield services firm, Schlumberger has entered into a strategic collaboration with IHS Markit, through its geophysical data solutions division WesternGeco. Through the collaboration, the firms intend to consolidate their data, technology and experience in exploration and production (E&P) and enable access to it through the GAIA digital subsurface platform. The GAIA platform was launched by WesternGeco and is powered by the DELFI cognitive E&P environment.

Schlumberger and TGS enter into strategic collaboration
Sept. 7, 2019

Schlumberger and TGS enter into strategic collaboration

Oilfield services giant, Schlumberger has entered into a strategic collaboration with TGS on a new 3D seismic reimaging project. The project will see the reimaging of data from three overlapping seismic surveys across 3,600 sq km. Evidently, the seismic reimaging data is the only available 3D data in this area of the Red Sea. TGS and Schlumberger will deploy their proprietary geophysical services product line, WesternGeco on the project.

Serica adopts Restrata
Sept. 5, 2019
Source: World Oil

Serica adopts Restrata

Restrata Platform is a system for real-time monitoring of people and assets. Serica Energy has signed a deal to adopt this platform for Bruce asset in the UK Northern North Sea. CEO of the company said, “Our team will work with Restrata to commence the roll out of the technology and integrate our operating procedures, specific to Bruce".

Weatherford launches AlphaST
Aug. 2, 2019
Source: World Oil

Weatherford launches AlphaST

A new single-trip openhole and sidetrack system has been launched by Weatherford. The system can initiate sidetrack operations without a cement plug. AlphaST will enhance operator flexibility, eliminate multiple trips, and avoid costly cementing operations. Weatherford's President said, "AlphaST enables operators to avoid the cost and time of setting a cement plug; waiting on cement to dry and time drilling".

Emerson completes the purchase of Zedi's businesses
July 12, 2019
Source: World Oil

Emerson completes the purchase of Zedi's businesses

Emerson has purchased Zedi's software and automation businesses. Both companies' software businesses aim at enhancing production efficiency by automating the process through edge and cloud analytics and machine learning. Emerson's Executive President said, "As world energy demand continues to grow, helping our vital oil and gas market customers maximize their resources is a top priority".

Neptune Energy to assist in creating the first offshore hydrogen plant in North Sea
July 6, 2019
Source: Energy Voice

Neptune Energy to assist in creating the first offshore hydrogen plant in North Sea

Neptune Energy has been chosen to assist in creating the first offshore hydrogen plant in the Dutch North Sea. The pilot project will aim at generating hydrogen through a megawatt electrolyser, to be installed at Neptune’s Q13a platform. The hydrogen formed will then be used to generate electricity to power the nearby Taqa-operated platform. The Q13a is the first platform in the Dutch North Sea to become fully electrified.

Cougar Mechanical Thruster saves C$130k for drilling major
July 4, 2019

Cougar Mechanical Thruster saves C$130k for drilling major

Sponsored

A major drilling operator has reportedly saved C$130k and avoided multiple trips per section by using CougarTM Mechanical Thruster in a production field of Alberta. The operator was drilling a 311 intermediate hole, and was forced to spend an average time of two days per section. Designed and manufactured by Canada's leading drilling solutions provider, Cougar Drilling Solutions, the Mechanical Thruster reduces the severity of shock and vibration downhole.

Digital asset inspection system by Oceaneering to streamline inspection services
June 27, 2019
Source: World Oil

Digital asset inspection system by Oceaneering to streamline inspection services

With an aim to improve non-destructive testing (NDT) and inspection management, Oceaneering International has launched the Inform Inspect digital asset inspection system. It is a tablet-based technology which is designed to deliver seamless, end-to-end inspection – from planning to review. It will be a great asset for technicians, supervisors and managers. The data captured by the system is directly stored into a cloud-based system and is instantly available for analysis.

BHGE opens £31 million subsea centre in Montrose
June 20, 2019
Source: Energy Voice

BHGE opens £31 million subsea centre in Montrose

BHGE has unveiled its £31 million subsea centre of excellence in Montrose. This facility will deliver engineering, manufacturing, testing, assembly and services for deepwater technology. This project was supported by the Scottish Government who funded it with £4.9m through Scottish Enterprise. CEO of BHGE's Oilfield Equipment said, "Our industry is transforming and sites like this will enable us to continue to invent and produce these technologies at an accelerated pace".

Total's new supercomputer expected to transform exploration sector
June 19, 2019
Source: Reuters

Total's new supercomputer expected to transform exploration sector

The new supercomputer of Total is said to enhance efficiency, enable its geologists to find oil faster, cheaper and with a better success rate. Total informed, "The Pangea III computer build by IBM will help process complex seismic data in the search for hydrocarbons 10 times faster that before". This computer has secured top rank among supercomputers in the oil and gas sector, according to TOP500 table.

Oceaneering to engage in first deepwater AUV survey
June 11, 2019
Source: World Oil

Oceaneering to engage in first deepwater AUV survey

Subsea engineering expert, Oceaneering International, has bagged a deepwater AUV survey contract in the Gulf of Mexico, which will also be the first ever deepwater survey by an AUV. The contract pertains to BHP’s Trion development, for which Oceaneering will deploy the DP-2 Ocean Investigator, equipped with its OS-VI AUV and light geotechnical capabilities.

Schlumberger introduces the GAIA platform
June 4, 2019
Source: World Oil

Schlumberger introduces the GAIA platform

The industry's major service provider, Schlumberger has introduced a revolutionary advancement at the 81st EAGE Conference & Exhibition. GAIA digital exploration platform is the recent development at the company which will allow exploration teams quick discovery and access to basin-scale data. Maurice Nessim said, “We developed the GAIA platform to accelerate our clients’ data discovery, screening and ranking of their exploration opportunities".

McDermott bags FEED contract for OCT unit in Hungary
May 24, 2019

McDermott bags FEED contract for OCT unit in Hungary

EPC major, McDermott has bagged a FEED contract for MOL Petrochemicals’ Olefins Conversion Technology (OCT) unit in Tiszaújvaros, Hungary. McDermott will carry out the basic engineering, technology license, catalyst and FEED services for the 100,000 MTA-capacity unit. The OCT unit will utilize Lummus’ proprietary OCT, and CD Hydro® Deisobutenizer to produce polymer-grade propylene, refinery feedstocks, and isobutene-rich stream.

Schlumberger and TGS join hands for seismic project in Gulf of Mexico
May 23, 2019

Schlumberger and TGS join hands for seismic project in Gulf of Mexico

A strategic collaboration has been announced between oilfield service firm Schlumberger and survey service firm TGS. This is to assist multi-client ocean-bottom node projects in the deepwater Gulf of Mexico. Under the agreement, TGS will work with Schlumberger's geophysical services company WesternGeco. CEO of TGS informed that "We are working closely with our clients to plan future phases and are excited by the potential growth in exploration and production activity,”.

Chevron's move signals a big shift in the industry
May 21, 2019
Source: World Oil

Chevron's move signals a big shift in the industry

Energy major Chevron Corp. has taken a big step towards the electric car business. It will be offering electric car charging ports at some of its gasoline stations in California. Back in November, Chevron invested in ChargePoint Inc. which is one of the biggest electric vehicle charging network. GM of Chevron said, "We are always exploring how to evolve our offering, helping improve the consumer experience".

Exxon to heavily invest in lower-emission technologies
May 9, 2019

Exxon to heavily invest in lower-emission technologies

ExxonMobil informed about its investment of almost $100 million for 10 years for the research and development of advanced lower-emissions technologies. Exxon will work with the US Department of Energy’s National Renewable Energy Laboratory and National Energy Technology Laboratory. CEO of Exxon said, "We’re focusing on advancing fundamental science to develop breakthrough solutions that can make a difference on a global basis in emissions reduction".

BHGE to deploy VitalyX for Topaz
May 9, 2019

BHGE to deploy VitalyX for Topaz

Offshore marine logistics giant, Topaz has entered into a long-term agreement with Baker Hughes for its proprietary lubricant condition monitoring system, VitalyX. The two firms will collaborate on boosting the maintenance and upkeep of Topaz’s fleet of vessels and increase the field time for each vessel. VitalyX exploits the Internet of Things (IoT) by integrating cutting-edge sensor hardware with condition monitoring software.

Expro expands its subsea portfolio
May 7, 2019
Source: World Oil

Expro expands its subsea portfolio

Expro is an international oilfield services company which has recently added two new well access solutions in its portfolio. Apart from this, the company has also established subsea landing string system technologies. These advancements have led to the expansion of its subsea intervention capabilities. The Intervention Riser System (IRS) and Riserless Well Intervention (RWI) system are the two new solutions introduced by Expro.

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