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Technology in the oil and gas industry has been largely focused on digitizing processes and implementing Artificial Intelligence (AI) into the workflow. With the conclusion of another year, the next decade will continue to adopt even more changes with technology and expand on the tools already in place to make mobile field operations more efficient... Continue Reading →
Kongsberg Maritime has completed the sale of its US-based underwater technology company Hydroid to Huntington Ingalls Industries (HII). The two companies entered into $350-million sale and purchase agreement in February this year. Back in 2007, Kongsberg Maritime acquired Hydroid for $80 million. In connection with the transaction, Kongsberg Maritime and HII have entered into a... Continue Reading →
Petrobras will direct part of the processing capacity of high performance computers (HPC) - the so-called "supercomputers" - in order to collaborate with research in fighting the coronavirus, in a partnership with the Chemistry Department of Stanford University, USA. The goal is to contribute to the Folding@home Project, coordinated by this institution, dedicated to the... Continue Reading →
Italian oilfield services firm Saipem, and Norwegian oil and gas company Equinor are teaming up to develop a floating solar panel park solution for near coastal applications and rough weather conditions. According to a statement by Saipem, the technology will be based on the in-house developed concept by offshore rig designer Moss Maritime, part of... Continue Reading →
MAR 19, 2020 In the midst of all this confusion, good news. In yet another contribution to the digitalization of the oil and gas sector, Repsol Sinopec Brasil, Shell Brasil and Deep Seed Solutions signed a contract for the development of the i-Concept project. The objective is to develop digital technology to improve and accelerate... Continue Reading →
Forewarned is forearmed, an adage that is particularly true when it comes to deepwater drilling. Offshore drillers are increasingly relying on existing and new downhole data technologies to make real-time decisions and keep operations safe. Multi-trip completions in offshore wells have long left operators in the dark about what was happening in the pay zone.... Continue Reading →
Offshore engineering company expects to reduce mission-readiness time by 30% and training times by 20% through high fidelity, real-time 3D simulations. Houston-based Oceaneering International Inc. is a global leader in the subsea engineering and applied technology field, providing creative, robotics-driven solutions to technical challenges in some of the harshest environments known to man. Continue reading
Jotun and Kongsberg Maritime have joined forces to develop a proactive hull cleaning solution called Jotun HullSkater. Jotun HullSkater, a green cleaning machine, is part of Jotun Hull Skating Solutions. This is the first solution developed for proactive bio-fouling control on ships and offers the potential to reduce fuel costs by around US$3.6 million and... Continue Reading →
The size of the prize of so-called digitalization technologies is enormous. How much is reality and how much is hype? UK-based analyst firm Wood Mackenzie asked this very question. The results are perhaps not that surprising. Speaking at Offshore Europe, last year, Martin Kelly, VP of Wood Mackenzie’s corporate research group, outlined the results. For... Continue Reading →
Large Diameter Drilling (LDD) and Barge Master have completed what the companies claim to be "a world first" - drilling from a diving support and construction vessel (DSCV) in water deeper than 270 meters. The two companies deployed LDD’s reverse circulation LD2500 drill rig with Barge Master’s motion compensation platform (BM-T700) aboard the SBM Installer... Continue Reading →
Brazil Energy Insight 