Offshore Energy Outlook for 2020
The “new normal” is a phrase tossed around often in offshore energy circles today as those servicing and operating in the sector grapple with the harsh realities of the prolonged industry downturn. Operators, service companies and equipment suppliers have been forced to adjust to oil selling at prices well below the $100+ per barrel mark seen in years past.
OES: Surge in Tidal Energy in 2020
The last annual report issued by Ocean Energy Systems (OES) highlights significant international investment including $25m pledged by the US Department of Energy (DOE) to support 12 ‘next-generation’ marine energy projects and Wave Energy Scotland committing $9.9 million in two wave energy machines next year.“In the last 12 months we have seen major progress…
Woodside to Implement Schlumberger's DELFI
Australia's largest oil and gas operator Woodside Energy will leverage Schlumberger's DELFI cognitive cloud-based software environment in an effort to increase consistency, reduce study cycle time and foster innovation in its subsurface characterization and development activities, Schlumberger announced on Tuesday.According to Schlumberger, the DELFI…
Schlumberger Buys Omron Oilfield and Marine
Schlumberger announced today that it has acquired Omron Oilfield and Marine, Inc., a U.S.-based OMRON Corporation group company, which is a global leader in automation technology and solutions. “The addition of Omron Oilfield and Marine will enable us to strengthen our industrial automation control systems capabilities as part of our long-term strategy to develop an integrated well construction system…
Aker Solutions Collaborates with DNV GL
Aker Solutions has awarded DNV GL a global frame agreement to pave the way for better technology collaboration, more efficient project execution and considerable cost savings. The frame agreement covers business segments which include: Subsea, Umbilicals, Engineering and Maintenance, Modifications and Operations (MMO) in Aker Solutions’ business. "Finding smart solutions…
