Digital Transformation ///

Kongsberg Digital and Aker BP extend collaboration agreement to accelerate data utilization

Building on an existing collaboration that has been ongoing since Aker BP was established, KDI will continue to contribute in accelerating Aker BP’s digitalization process by enabling real-time cloud-based data access, supporting decision-making, and improving efficiency.

Digital smart products prove their value for processing technologies

René Mikkelsen, Andreas Hannisdal, Henrik Bjartnes, NOV

Applications for condition-based monitoring and performance optimization may become a standard offering accompanying processing equipment deliveries.

Four steps to extract the full potential of a novel data platform

Alan Henson, Pariveda

Whether it’s being used to bring cloud capabilities to the oil and gas industry or enabling the transition to cleaner forms of energy production, the utility of a community-driven consortium data platform depends largely on the angle from which companies approach it.

Improving prediction accuracy on flow-induced vibration analysis

Paul Emmerson, Xodus; Steinar Orre, Equinor ASA

Experts from Xodus and Equinor ASA provide insight and analysis on why flow-induced vibration is a concern for subsea systems and how they are driving improved industry understanding to eliminate costly and potentially dangerous consequences.

Leveraging oil and gas digitalization to emerge from the pandemic

Bimal Venkatesh, Weatherford

Following the pandemic, companies are adjusting operating philosophies to focus more on production optimization and maximize existing investments. This growing need has fueled interest in the latest digital offerings, especially for remote operations, visualization, Edge automation and artificial intelligence.

OspreyData extends the power of its Vision Platform & Flight AI Solutions in oilfield production

With this release, OspreyData gives all its users a seat in the "Virtual Control Center" - Production engineers, artificial lift technicians & lease operators can access critical operating information and mitigate evolving issues from virtually anywhere.

ADIPEC 2021’s first Smart Manufacturing Conference to redefine the globabl industrial sector

Taking place only days after COP26, the global conference will focus on developing smart manufacturing systems that will strengthen resilience, navigate growth opportunities in green technology and meet net-zero carbon targets.

Baker Hughes JewelSuite applications now available in the Microsoft Azure marketplace

Microsoft Azure customers worldwide gain access to Baker Hughes JewelSuite applications, taking advantage of the scalability, reliability, and agility of Azure to drive application development and shape business strategies.

Shell and Baker Hughes to collaborate on energy transition, net-zero emissions solutions

Shell Global Solutions and Baker Hughes have signed a broad strategic collaboration agreement to accelerate the global energy transition by helping each other achieve their respective commitments for net-zero carbon emissions and advancing solutions to decarbonize energy and industrial sectors.

Digital oilfield partnerships accelerate delivery of completions innovation

Greg McDonald, Corva; Ben Dickinson, NexTier

Harnessing the digital oil field and building fit-for-purpose business analytics allows E&Ps and service companies to navigate market forces, manage the energy transition, automate processes, contain costs, reduce carbon footprint, and deliver better wells in less time.

Still scheduling drilling projects the old way? You’re missing out.

Owen Plowman, Actenum

Effective drilling scheduling is critical to operator success, yet many organizations are still using 1990s-era software and a cumbersome manual process that make tracking to goals difficult. Modern scheduling software yields insights into performance, and projections concerning results, which are invaluable.

Halliburton releases DS365.ai intelligent automation service

Halliburton Company released DS365.ai cloud service to help customers accelerate their digital transformation with intelligent automation.

Carbon+Intel: ExxonMobil and Pertamina to evaluate carbon capture and storage in Indonesia

ExxonMobil and Pertamina, the state-owned energy company for Indonesia, signed a Memorandum of Understanding to evaluate the potential for large-scale deployment of low-carbon technologies in Indonesia.

Neptune Energy partners with green group on offshore UK methane study

Neptune Energy announced the completion of a first-of-its-kind collaboration with Environmental Defense Fund (EDF) to measure methane emissions on a working UK offshore platform using advanced drone technologies.

Advances of an industry: A case for hybrid drilling

Alex Castillo, Rolls-Royce Solutions America

Integrating diesel power generation with a battery energy storage system optimizes load profiles, lowering fuel consumption, carbon emissions and operating expenses while stabilizing power supply to improve ROI for onshore drilling contractors.

Innovative RSS design increasing efficiency of drilling more complex wellbore profiles

Lynn Christie, Alex Ngan, Brad Zukiwsky, Weatherford

As operators confront more challenging wells with increasingly complex designs and deeper depths, the industry continues to make advancements with unconventional innovations. A slim-hole RSS is delivering success in North America and Romania, while an innovative drilling strategy has enabled operators to set new performance benchmarks in the North Sea.

Innovations in upstream technology

Technology drives almost every aspect of the upstream oil and gas industry, from reservoir to point of sale. Securing the energy needs of tomorrow requires constant innovation in the upstream sector, to maximize output from existing fields, find new petroleum resources, and commercialize the world’s large known, unconventional resources.

Oilfield data startup Zeno plans to streamline fossil fuel asset valuation

An oil-data startup backed by Palantir Technologies Inc. co-founder Joe Lonsdale plans to help energy explorers, bankers and investors figure out how much crude and natural gas reserves trapped underground are really worth.

Petrolern and Stratagraph announce major strategic partnership

Stratagraph, a leader in geological services to the oil and gas industry for the past six decades, announces a new strategic partnership with cutting-edge clean energy technology company, Petrolern LLC.

2021 World Oil Awards winners honored at live Houston gala

Honorees received awards in 18 categories, encompassing the full breadth of the upstream industry. Today’s innovations, many of which would have seemed far-fetched a generation ago, are enabling operators to find and produce hydrocarbons more safely, economically, and efficiently.