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Oil & Gas Technology 09/19/2019 07:36
Energy giants Total and Eni have joined forces to explore and exploit another oil and gas block up for grabs offshore from Cyprus, Cypriot authorities said Wednesday (18 September). The agreement makes France’s Total and Italy’s Eni the biggest players in the Mediterranean island’s energy search, holding exploration licenses for seven of the 13 blocks.
Oil & Gas Technology 09/18/2019 14:56
Equinor and its partners AkerBP and Wellesley Petroleum have found gas in the Ørn exploration well south-west of the Marulk field in the Norwegian Sea. Recoverable resources are estimated at 8–14 million standard cubic metres of oil equivalent, corresponding to 50–88 million barrels of oil equivalent (boe). "This is good news.
Oil & Gas Technology 09/18/2019 04:14
ABS, Hyundai Heavy Industries (HHI) and Hyundai Global Service (HGS) have agreed on a framework for the exchange of Digitalisation and Decarbonisation (D&D) concepts to apply to present and future designs. This new framework will be an industry first D&D ecosystem between class, shipyard and ship service company. Launched at a ceremony during Gastech, the new framework enables HHI, HGS and ABS to support alternative means of compliance with new remote survey capabilities using the newly commissioned ABS Remote Decision Support Center, supported by HHI and HGS’ technology and services. It also enables identification of new technologies, designs, fuels, and simulation techniques for mutual clients. The ultimate goal is to establish a lifecycl.
Oil & Gas Technology 09/17/2019 10:50
GeoSoftware, part of CGG’s Geoscience division, has announced that machine learning technology in Python ecosystems will be available in upcoming releases of its flagship HampsonRussell and Jason reservoir characterization solutions. Already attracting considerable industry interest in GeoSoftware’s PowerLog petrophysical software, Python ecosystems in HampsonRussell and Jason will let experts and data scientists completely customize machine learning and reservoir characterization workflows by using extensively available Python machine learning libraries and also their own proprietary code. Python ecosystems allow users to efficiently research and test various state-of-the-art machine learning workflows for proof-of-concept or commercial pr.
Oil & Gas Technology 09/12/2019 11:01
Olis Robotics, a leader in next-generation mobile and remote robotics software, has announced a new agreement with Forum Energy Technologies, a leader in subsea products and services, for Forum to provide global sales, distribution and support of Olis ROV controllers for the offshore energy market. The Olis Master Controller (OMC) is a next-generation controller for piloting Remotely Operated Vehicles (ROVs) in the offshore energy industry.
Oil & Gas Technology 09/12/2019 10:45
BP has announced that it will deploy continuous measurement of methane emissions in its future BP-operated oil and gas processing projects as part of its ambitious programme to detect, measure and reduce methane emissions. Continuous measurement, including instruments such as gas cloud imaging (GCI), will be rolled out to all new major projects worldwide.
Oil & Gas Technology 09/12/2019 10:17
Subsea 7 has announced the award of a large contract by Saudi Aramco for Marjan Increment Projects - Package 2, offshore Saudi Arabia. The engineering, procurement, construction and installation (EPCI) contract is awarded for execution in consortium with L&T Hydrocarbon Engineering (LTHE), a subsidiary of Larsen & Toubro. The consortium’s workscope consists of EPCI of new tie-in platforms, production deck manifolds, approximately 217 kilometres of rigid pipelines, approximately 145 kilometres of power cables, and a fibre optic cable in the Marjan field in water depths of approximately 45 to 52 metres.
Oil & Gas Technology 09/11/2019 15:11
For the most data-intensive and critical aspect of this process - constructing the underlying rock velocity model from seismic field data - Tullow Oil, S-Cube and Amazon Web Services (AWS) are collaborating on the next generation waveform inversion on the cloud known as XWI. Seismic data from active seismic surveys is among the most important way to probe the interior of the earth.
Oil & Gas Technology 09/10/2019 11:02
BP’s North Sea business has successfully executed a groundbreaking pilot project testing innovative ways of remotely monitoring methane emissions on its offshore assets. The pilot, which combined highly advanced sensor technology originally designed by NASA for the Mars Curiosity Rover with a fixed-wing remote piloted air system (RPAS), or drone, broke the UK’s record for the longest commercial drone flight and demonstrates the feasibility of this unique approach to monitoring methane. Record drone flight The drone circled the Clair platform at a radius of 550 metres for 90 minutes, travelling for a total of more than 185 km, significantly beating the previous record of 100 km.
Oil & Gas Technology 09/05/2019 05:41
A joint Aberdeen based project 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. The Intelligent Data Quality Improver (IDQI) project is an initiative involving the and co-funders the (OGIC), software R&D company , and – Scotland’s innovation centre for data and AI. The project aims to develop algorithms that will bridge the gap between the vast amounts of big data available to the oil and gas industry - predominantly in exploration and production - and its ability to analyse, interpret and manage it effectively. Professor Wamberto Vasconcelos, from the University’s Department of Computing Science, said: “Data is potentially among th.
Oil & Gas Technology 09/04/2019 07:42
The UK’s offshore oil and gas industry (OGUK) has published its Roadmap to 2035: A Blueprint for net-zero, listing the five key areas that industry, government and regulators must collaborate on to enable the sector to contribute to the UK and Scotland’s net-zero targets. The UK’s offshore oil and gas industry has outlined its contribution to the UK and Scottish Government net-zero ambitions as part of an ambitious blueprint showing what the sector could look like in future. Roadmap to 2035: A Blueprint for net-zero sets out five key themes requiring industry, government and regulator action to ensure the sector can continue to provide secure energy supply, support net-zero and remain a vital contributor to the UK economy. It includes coord.
Oil & Gas Technology 09/04/2019 07:32
Performance and monitoring visibility provided for key equipment to improve plant uptime and boost engineering productivity. Offshore Oil and Gas digitalisation software provider and systems integrator, Eigen, has initiated an engineering support project with exploration and production company, Chrysaor. The partnership involves Eigen building process system monitoring, equipment performance monitoring and condition monitoring displays for Chrysaor’s critical mechanical and process equipment and has already delivered improvements in productivity. Eigen is using its operational technology and engineering expertise in collaboration with Chrysaor technical expertise to build a set of asset overviews with equipment process, performance and condi.
Oil & Gas Technology 09/04/2019 07:21
Combined investment by all investment parties totals almost $5 billion and underlines quality of UAE as long-term investment destination. The Abu Dhabi National Oil Company (ADNOC) announced today that it has formally closed its $600 million pipeline infrastructure investment agreement with GIC, Singapore’s sovereign wealth fund.

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