Brazilian offshore drilling services provider Ocyan has launched Ocyan Waves program, where start-ups can register and provide their solutions for Ocyan's internal challenges. Startups should seek innovative solutions to the challenges selected by Ocyan in the space of Intelligent Alarm Management System; Digital Twin of BOP (Subsea Blowout Preventer); Real-time BOP fluid analysis; Self-service in... Continue Reading →
Not much wiggle room to cut supply chain costs in 2020 downturn, Rystad says
In the downturn of 2020, global exploration & production operators will only be able to cut supply chain costs by up to 12%, a Rystad Energy analysis shows. The current crisis will not be able to unlock many additional efficiency and productivity improvements because much of the potential has been exhausted since the 2014 oil-price... Continue Reading →
Petrobras notified the presence of oil in Uirapuru
April 2, 2020 Petrobras notified the presence of oil in Uirapuru during the drilling of 1-BRSA-1373B-SPS, repetition of the first well drilled in the block, in the Santos Basin pre-salt, contracted in the 4th pre-salt sharing round. Petrobras will also test the HISEP technology, which separates dense phases at high pressure, with the fluid produced... Continue Reading →
Remotely Operated Vehicles: Thinking out of the Box
All electric systems are starting to free companies from the traditional strict form factors that ROVs traditionally take. With a more flexible modular harness, vehicles can be built from standardised building blocks. Saab Seaeye, a firm well versed in all-electric vehicles, has been making noises in this direction, using the smarts it’s been developing for... Continue Reading →
NEW STUDY WILL ANALYZE ROCKS-RESERVOIR OF THE PRE-SALT OF THE SANTOS BASIN
MAR 30, 2020 The unique characteristics of the pre-salt motivated Equinor and the Institute of Petroleum and Natural Resources (IPR) to carry out a new study to deepen the knowledge about the reservoir rocks of the layer. The research will last four years and the main objective will be to understand the origin and... Continue Reading →
Moving the Needle for Oil & Gas Technology
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 Wraps Up Hydroid Sale
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 mobilizes supercomputers in order to collaborate with research in fighting Covid-19
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 →
Saipem, Equinor Working on Floating Solar Panels
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 →
REPSOL DEVELOPES TECHNOLOGY TO ACCELERATE DEVELOPMENT OF OIL AND GAS FIELDS
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 →