New Cloud Platform for Subsea Survey Data
Subsea geo-information specialist TrueOcean GmbH launched a new digital platfom designed tor accelerate the transformation of marine data acquired by underwater sensors, including multibeam echosounders and related systems from any manufacturer, into actionable, easily…
Digitalization: Trust - The Keystone for Digital Transformation
The slowdown of the world economy and plummeting energy consumption have eclipsed most other industry news. Oil exporting countries are coming to terms with limiting production to sustain reasonable prices, and operators are looking for ways to improve efficiency.
Meet the World's First Digital Smart Ship, the Japanese Built LNG-Fueled PCTC Sakura Leader
The run up to 2050 and dramatic reductions in emissions from ships will, by most expert’s thinking, be an evolution of small steps premised on melding new fuels and digitalization technologies. The recent delivery of the LNG-fueled PCTC Sakura Leader to NYK can be considered a sizable leap in this regard…
Floatgen Output Doubles in H2 2019
The 2 MW Floatgen floating wind turbine, the first wind turbine installed offshore France, more than doubled its power production in the second half of 2019 compared to the first semester, reaching an annual total of 6GWh.According to the developer Ideol, which installed…
Schlumberger Taps Google as Preferred Cloud Provider
Services company Schlumberger said on Monday it has renewed and expanded its agreement with Google Cloud to develop cloud-native exploration and production (E&P) applications to help its customers derive actionable insights from data and harness the power of Google’s…
Sri Lanka Signs Deal for $50 Mln Offshore Seismic Study
Sri Lanka on Wednesday signed an agreement with a subsidiary of U.S.
RigNet Closes Intelie Acquisition
RigNet, Inc. announced it has completed its acquisition of Intelie, developer of a technology platform for real-time predictive analytics that is an early pioneer in real-time machine learning and planning optimization. The closing was effective March 23, 2018. “Machine…
Saudi Aramco Re-explores Vast Empty Energy Quarter
Oil giant Saudi Aramco is using new technology to re-explore areas of the vast Arabian desert known as the Empty Quarter, which could help to bolster its proven reserves of oil and gas before the company offers its shares to the public. A team of about 900 people is…
CGG Wins Petrobras Data Processing Contract
CGG said it was awarded a contract from Petrobras to process the seismic data from a 3D Ocean Bottom Node (OBN) survey covering a full-fold area of 2,180 km2 in Brazil’s deepwater Santos Basin. This will be the largest node survey ever acquired and processed in the industry.
Big Oil turns to Big Data for Drilling Economies
In today's U.S. shale fields, tiny sensors attached to production gear harvest data on everything from pumping pressure to the heat and rotational speed of drill bits boring into the rocky earth. The sensors are leading Big Oil's mining of so-called big data, with…
CGG Launched Multi-Physics Imaging Group
CGG’s Multi-Physics business line has launched its Multi-Physics Imaging group, consolidating its recognized expertise in multi-physics data processing and interpretation, trusted technical consulting services and specialized commercial software development into a single global team.
FairfieldNodal, Ikon Science Team Up
FairfieldNodal has announced an exclusive alliance with Ikon Science, an industry leader in geoprediction software sales and services, to offer complete reservoir services to the oil and gas industry. For nearly four decades, FairfieldNodal has been a trusted industry resource for multi-client seismic…
CGG Wins 6-year Contract for Brunei Shell Petroleum
CGG has announced that it has been awarded a contract by Brunei Shell Petroleum to operate a dedicated processing center (DPC) at its Seria office in Brunei Darussalam. The contract will run for a period of six years, from January 1, 2017 to December 31, 2022. Under the terms of the contract…
Maersk Drilling to Pilot GE’s Marine Data Analytic Tools
GE and Maersk Drilling have partnered for a data analytic-driven pilot project that aims to increase Maersk’s drilling vessels’ productivity and reduce maintenance costs by up to 20 percent. The two companies have collaborated to deploy SeaStream Insight, GE’s latest innovation in marine asset performance management…
GE to Merge Oil & Gas Unit with Baker Hughes
General Electric Co said on Monday it would merge its oil and gas business with Baker Hughes Inc, creating the world's second-largest oilfield services provider as competition heats up to supply more-efficient products and services to the energy industry after several years of low crude prices.
EV Appoints New CEO
EV has announced the appointment of a new chief executive officer. Bringing over 28 years’ of industry experience to the role, Fraser Louden has held a number of positions within a range of oil and gas service companies - including 17 years with Schlumberger - in global management and leadership posts.
Barents Sea Metocean and Ice Networks Project Underway
Fugro informs it has begun a three-year metocean and ice data acquisition as part of the Barents Sea Metocean and Ice Network Project. The Norwegian Petroleum Safety Authority, recognizing the Barents Sea represents a frontier region for oil and gas exploration, in…
EV Acquires Epidote
Leading specialist in well diagnosis, EV, has announced the acquisition of Aberdeenshire-based well integrity software supplier, Epidote Limited, to enable a world-class well diagnosis service. The acquisition results in EV taking full ownership of the company and its five employees.
Schlumberger, Cameron Merger Complete
Schlumberger Limited (NYSE:SLB) announced today that it has closed its merger with Cameron International Corporation. As previously announced, each Cameron stockholder is entitled to receive 0.716 shares of Schlumberger common stock and $14.44 in cash, in exchange for each Cameron share.
PGS : Building Further Success in Newfoundland, Labrador
PGS has recently completed the fifth consecutive acquisition season offshore Newfoundland and Labrador as part of the ongoing joint venture (JV) with TGS. The successful 2015 season was the biggest yet with PGS operating four vessels, two 3D and two 2D vessels, all of them equipped with GeoStreamer, PGS' broadband technology.