Tuesday, November 5, 2024

Real Time News

Ten Things to Consider When Choosing Your Digital Twin Provider

© Kongsberg Digital

Kongsberg Digital’s Brian Sidle identifies the top ten things to consider when choosing a provider for cloud-based digital twins in the energy sector.The energy sector’s heavy asset operators stand to benefit greatly from a cloud-based digital twin, but successful digital transformation initiatives can be…

Protecting Offshore Energy Sources via USV

Photo courtesy Mr. Dave Meron

When most people discuss energy sources such as fossil fuel and green energy, it is from an “either-or” perspective. Some favor the former while others advocate for the latter. However, what is often lost in the arguments on both sides is that regardless of the type of energy being extracted or generated…

VIDEO: Watch the Armach Robotics Hull Service Robot in Action

Image courtesy Armach Robotics

Armach Robotics, Inc. (Armach), recently passed a critical milestone during a trial of its Hull Service Robot in full over-the-horizon (OTH) mode.At the end of 2022, Armach’s hull service robot (HSR), in the water in Norfolk, VA, was monitored and controlled by staff at Armach’s command center in Plymouth, MA, using a 4G modem providing over-the-air connectivity.

Stepping on the Gas: Rochester Researchers Team to tackle Methane Emissions

Dr. John Kessler (right) and Dr. DongJoo Joung (Pusan National University) collecting methane for radiocarbon analysis. All images: University of Rochester/John Kessler

With global temperatures rising, oceans warming and ice caps melting, carbon dioxide attracts the bulk of the blame throughout media, public discourse and academia. All too many—save some scientists and researchers—neglect methane, the second biggest greenhouse gas that’s influenced by human activity. Often associated with livestock production and ruminant flatulence…

New Cloud Platform for Subsea Survey Data

Image courtesy TrueOcean

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 shared information and insight via the cloud.In development since the Kiel…

Greek Quest to Save on Energy Bills Spurs Island-owned Renewables

© Artemida / Adobe Stock

Even with his 35-room beach-front hotel on the Greek island of Tilos close to fully booked, owner Michalis Kipraios worries his business might not "survive" sky-rocketing electricity bills, as the war in Ukraine drives up energy prices around the world.Tilos, 360 km (224 miles) southeast of Athens, is affected…

Digitalization: Leveraging Digital Innovation in Offshore Energy

Copyright Gorodenkoff/AdobeStock

There is an increasing expectation that oil and gas firms can demonstrate their value and efficiency through more data-centric processes, managing costs and reacting more quickly to changing market conditions. While the sector has typically been slow to adopt digital innovations, today’s offshore energy markets are fluid and fast-changing…

Crowley Commits to Net-zero GHG Emissions by 2050

Copyright Tasha Vector/Adobe Stock

As the maritime industry collectively struggles to chart the course toward decarbonization, Crowley today committed to net-zero greenhouse gas emissions across all scopes by 2050, pursuing a path aligned with the latest climate science to limit global warming to 1.5 degrees Celsius.What this means is an…

FuelTrax, TOPL Partner on BaaS Platform to enhance Energy Trade Transparency

Photo; AdobeStock

FuelTrax has partnered with Topl to use Topl’s Blockchain-as-a-Service (BaaS) platform to meet the demand for greater transparency in energy trading operations.With blockchain integrated into EFMS products, each step in the energy trading process has an equivalent digital step, including contract formation, asset tracking, and delivery of the product.

RENEWABLE ENERGY: Smart Power Buoy - Wave Power Expands Recharge at Sea Possibilities

Credit photographer Matthew Oldfield

From powering sensor systems to recharging autonomous vehicles to feeding the power grid, Resen Waves is making step changes in the renewable wave power market. Roland Boysen, CCO, discussed the technology and the potential with MTR.While generations of innovators have attempted, to varying degrees of success…

Autonomous Offshore Power Trials Get Underway off Hawaii

Image Courtesy Columbia Power Technologies

With the advent of autonomy on and under the water, part of the value proposition is the ability to stay at sea, on station, to exponentially increase efficiencies. Have the ability to repower at sea is central to this effort, as an increasing number of companies work to solve the inherent technical and…

Digitalization: Trust - The Keystone for Digital Transformation

© peshkova/AdobeStock

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. At the same time, the marketplace created by the pandemic is forcing companies to work differently.

The Case for 3D Printing Downhole Tools

Image 2: This triple-image of a cutting tool shows stages of design optimization from original CAD model, to topology optimized result, to the final additively-manufacturable part. Designed in nTop Platform by nTopology partner Yamaichi Special Steel.

Advanced design software supports growth of additive manufacturing applications in the oil and gas industryAdditive manufacturing (AM, aka 3D printing) is beginning to impact product-development strategies in the oil and gas industry just as it already has in many other industries—by shifting the production paradigm in unexpected ways.Particularly in the case of downhole tools…

Wood, NERA Team Up for AI-Powered Subsea Inspections

Image credit ipopba - AdobeStock

Oil and gas engineering firm Wood has teamed up with National Energy Resources Australia (NERA) to develop and deliver an AI Inspection tool for subsea oil and gas infrastructure.The companies say that the solution has the potential to revolutionize the way asset inspections are conducted in challenging…

Aker Solutions, Cognite Win $2M Grant for Floating Wind Farm Tech

Image Credit: Aker Solutions

California Energy Commission has awarded Aker Solutions and Cognite a $2 million grant for a project called NextWind Real-Time Condition Monitoring.The project is focused on next-generation solutions in wind through digitalization and aims to develop a holistic digital solution that will enable monitoring…

AS Mosley, Fugro Get Funding for FOWT Tech

Credit: AS Mosley

Aberdeenshire-based offshore simulation and analysis company, AS Mosley, Dutch Fugro, together with Strathclyde University, have been awarded funding from The Carbon Trust, to develop new technology for monitoring Floating Offshore Wind Turbines (FOWT). As one of eight projects to benefit from a share of £1m from The Carbon Trust…

Ørsted, US Unis to Study Whales in OWP

Danish developer Orsted U.S. Offshore Wind has signed a research partnership  with Rutgers University, the University of Rhode Island and Woods Hole Oceanographic Institution to support academic research activities related to offshore wind.The group is set to launch the Ecosystem and Passive Acoustic Monitoring…

Norwegian PM Opens Johan Sverdrup Field

Norway's prime minister Erna Solberg has opened the Johan Sverdrup field center, and the Minister of Petroleum and Energy, Sylvi Listhaug, also attended the opening.Since Equinor and the Johan Sverdrup partners Lundin Norway, Petoro, Aker BP and Total started the field on 5 October last year, production has increased to a level well above 300…

Field Trial Success for Well Integrity Innovator

Neil Gordon (Photo: Sentinel Subsea)

Sentinel Subsea, specialist in long-term well integrity verification, has announced the successful completion its first offshore field trial, run in conjunction with independent operator Spirit Energy and the Oil & Gas Technology Center (OGTC).As a growing number of offshore assets reach the late life stage of their lifecycle…

Weatherford Wins Russia Contracts

Oilfield services firm Weatherford announced it has signed two contracts totaling $67.4 million for drilling services with two major operators in Russia.The first contract spans two-and-a-half years. Operations began in July 2019 and will last through the end of 2022. Weatherford will provide logging-while-drilling (LWD)…