Inform Prize Cegal magazine 2024 events 2024 events Inform prize
Latest news - Digitalisation

Wintershall Dea selects AGR’s time and cost management software for its drilling & well projects

Wintershall Dea selects AGR’s time and cost management software for its drilling & well projects   Wintershall Dea will implement AGR Software’s iQx™ probabilistic time and cost estimation and tracking applications for its drilling and well projects in Norway. The development will play a role in enabling greater standardisation for Wintershall Dea’s well and drilling teams in the well delivery process. The move will also improve communication and automat...

Bumi Armada adopts artificial intelligence technology to reduce operational emissions

Bumi Armada adopts artificial intelligence technology to reduce operational emissions   International offshore energy facilities and services provider Bumi Armada have partnered with leading provider of digital solutions, OPEX (an ERM Group Company), to drive down carbon emissions on its Armada Kraken FPSO facility, which serves the EnQuest-operated Kraken Field located in the northern North Sea. Bumi Armada will deploy OPEX Group’s emissions.AI software to deliver real-time...

Offshore US oil, gas facilities at ‘significant’ risk of cyberattack, watchdog warns

Offshore US oil, gas facilities at ‘significant’ risk of cyberattack, watchdog warns   Offshore U.S. oil and natural gas installations are “at significant risk” of cyber-attack, according to a federal watchdog that warned of a potential disaster on par with the 2010 Deepwater Horizon blowout. The Government Accountability Office found that offshore exploration equipment, including those critical to safety, are increasingly reliant on remote technol...

NSTA boosts North Sea technology use with innovative knowledge-sharing contract

NSTA boosts North Sea technology use with innovative knowledge-sharing contract   Partnership puts UKCS operators in touch with thousands of suppliers Latest technologies can aid production and net zero goals    Specialist platform complements NSTA Pathfinder portal Oil and gas production will be boosted and net zero targets supported thanks to a new partnership between the North Sea Transition Authority (NSTA) and an online platform encouraging the innovat...

Schlumberger launches Digital Platform Partner Programme

Schlumberger launches Digital Platform Partner Programme   Schlumberger has launched its Digital Platform Partner Programme, which will allow independent software vendors (ISV) to leverage its openness and extensibility to build new applications and software and offer them to the market. Schlumberger customers will access a broad range of interoperable digital solutions, enabling data-driven decision making across the energy value chain and rapidly accelerating the time to value fr...

Blockchain application in midstream oil and gas industry!

Blockchain application in midstream oil and gas industry!   A vital industry that has been disrupted using Blockchain technology is the midstream oil and gas industry. You might be surprised to learn that the mystery oil and gas industry deals in the transportation, storage, and wholesale selling of oil and gas. This is done by the companies extracting the crude oil from the mines and are also very much implementing the cryptocurrency technology very well from the oil trading . The cr...

TWMA launches XLink™ real time monitoring and automation solution at ONS

TWMA launches XLink™ real time monitoring and automation solution at ONS   Specialist drilling waste management company, TWMA, has launched its new XLink™ solution, designed to provide oil and gas operators with increased automation, deeper insights and real time data monitoring to improve the efficiency of their wellsite drill cuttings processing system. XLink is a new hardware and software system upgrade that provides both POB reduction through offshore automation an...

Data upload boosts search for carbon storage sites

Data upload boosts search for carbon storage sites   132 terabytes of seismic data added to online collection Exploration for renewables sites and hydrocarbons aided Easier access saves time and money The search for carbon storage sites, wind farm locations and potential hydrocarbon fields has received a significant boost as more than 132 terabytes of seismic data has been uploaded on to the National Data Repository (NDR). The data can be used to support the UK’s...

Cybersecurity spending in the energy industry will rise to US$10 billion by 2025

Cybersecurity spending in the energy industry will rise to US$10 billion by 2025   The rapid digitalisation of the oil and gas industry has made the industry increasingly vulnerable to cyberattacks, says GlobalData. The leading data and analytics company notes that companies must now fortify their cybersecurity posture in line with their digitalisation strategy or risk financial and reputational harm. GlobalData’s latest report, ‘Cybersecurity in Oil and Gas – The...

PETRONAS wins in the Digital – Oil and Gas category in Malaysia Technology Excellence Awards

PETRONAS wins in the Digital – Oil and Gas category in Malaysia Technology Excellence Awards   It received the award for its Pipeline Engineering Solution, P-PiES. In oil and gas exploration and production, the most economical way to transport hydrocarbon is through pipelines. In PETRONAS, designing pipelines is a constant activity, filled with challenges including disorganised data, dependency on third-party for analysis, and the need to have manual review and revisions, mak...

TotalEnergies launches drone-based emissions detection and quantification campaign across upstream oil and gas sites

TotalEnergies launches drone-based emissions detection and quantification campaign across upstream oil and gas sites   As part of its commitment to identify, quantify and reduce methane emissions linked to its operations, TotalEnergies has launched a worldwide drone-based emissions detection and quantification campaign across all its upstream Oil & Gas operated sites. The campaign uses AUSEA technology developed by TotalEnergies, the French National Research Centre for Scientific...

Westwood gives onshore rig operators a leg up with global dayrate data and insights

Westwood gives onshore rig operators a leg up with global dayrate data and insights  Updates to Global Land Drilling Rigs (GLDR) product provides dayrate ranges for more than 8,000 land drilling rigs within the product over the course of 2022, beginning with those in the US, Latin America, the Middle East and North Africa.   Latest analysis from Westwood Global Energy Group (Westwood), the specialist energy market research and consultancy firm, reveals that there is a wide var...

LR launches landmark maritime AI report and digital maturity readiness assessment tool.

LR launches landmark maritime AI report and digital maturity readiness assessment tool. Maritime Performance Services business committed to supporting shipping navigate major change, including the energy transition and digital transformation.   Lloyd’s Register’s (LR) Maritime Performance Services (MPS) business has bolstered its digital capability to help maritime stakeholders solve sustainability and digitalisation challenges with the launch of a 'Readiness Assess...

Turkmenistan discloses data on volume of oil, gas production

Turkmenistan discloses data on volume of oil, gas production   The enterprises of the oil and gas sector of Turkmenistan exceeded the production plan from January through March 2022, Trend reports with reference to Jeyhun News. During the reporting period, the country's gasoline production plan was overfulfilled by 21.3 percent, diesel fuel – by 18.6 percent, polypropylene – by 24.4 percent, lubricating oils by 7.2 percent. Furthermore, in comparison with the cor...

Digital transformation in oil and gas sector set for growth

Digital transformation in oil and gas sector set for growth   Digital transformation in oil and gas appears poised for growth as companies look for increased efficiency in an unpredictable market. The award of a megadeal last week provides a sign of increasing interest: Kyndryl, an IT infrastructure services provider, inked a $160 million digital transformation and cloud services pact with the owner of the largest North American oil refinery. Houston-based Motiva Enterprises, a...

Verlume and consortium partners progress development of robotic fish designed to enable efficient offshore inspection regimes

Verlume and consortium partners progress development of robotic fish designed to enable efficient offshore inspection regimes    Verlume, a leader in intelligent energy management and storage technologies for the energy industry, has joined with consortium partners to progress the development of an autonomous underwater robot that moves like a fish to enable efficient offshore inspection regimes in harsh and hard-to-reach environments. The agile biomimetic autonomous underwat...

Schlumberger Announces Deployment of Reservoir Engineering Digital Solutions for Global Customer

Schlumberger Announces Deployment of Reservoir Engineering Digital Solutions for Global Customer   Schlumberger today announced an enterprise-wide deployment of the cloud-based DELFI* cognitive E&P environment for ConocoPhillips. ConocoPhillips will use Schlumberger digital solutions enabled by the DELFI environment to bring its reservoir engineering modeling, data and workflows to the cloud.  “This digital platform will drive workflow and data efficiency, enabling...

FutureOn launches innovative visual workflow tool, FieldTwin Collaborate

FutureOn launches innovative visual workflow tool, FieldTwin Collaborate   FutureOn, the global energy software company, has today launched FieldTwin Collaborate – a digital project sharing forum, which offers open communication and engagement, enabling quick adaptability and accountability for teams across the energy sector and supply chain. More than a data visualisation tool, FieldTwin Collaborate brings multiple contractors together in one space, benefiting operators and...

VROC Announces Completion of Capital Raise to Accelerate Growth and Market Expansion

VROC Announces Completion of Capital Raise to Accelerate Growth and Market Expansion   VROC has reached another milestone with the announcement of a completion of a capital raise. The raise follows an exceptional period for VROC, with new customer traction growing in North America and Europe, including the establishment of strategic partnerships with a range of global Engineering companies. The majority of the funding will be used to strengthen VROC’s business development tea...

Schlumberger DELFI Digital Platform Selected by Northern Lights JV for CO2 Project

Schlumberger DELFI Digital Platform Selected by Northern Lights JV for CO2 Project   Schlumberger will deploy the DELFI* cognitive E&P environment on the Norwegian CO2 project by the Northern Lights Joint Venture (NL), to streamline subsurface workflows and longer-term modeling and surveillance of CO2 sequestration. NL was established to develop the world’s first open-source CO2 transport and storage infrastructure, providing accelerated decarbonization opportunities for Eu...
OGV
Wellpro
Cegal
Westerton Access
Stena