Digital oilfield

Aize has announced an expansion of the strategic collaboration with Aker BP to include a Software-as-a-service (SaaS) agreement for all relevant facilities.

Salunda has signed an agreement with technology services provider Intellilift to increase safety and efficiency in well construction.

SLB and Palo Alto Networks has announced they are expanding their collaboration to strengthen cybersecurity for the energy sector.

Quorum Software (Quorum), has announced that Range Resources Corporation (NYSE: RRC), a natural gas and NGL producer, has selected leading capital and well lifecycle management platform Quorum Execute to improve AFE workflows by streamlining the data input process, and providing enhanced communication and transparency to all departments involved.

The new software will build on the earlier efforts of both partners with Intersect, a latest-generation reservoir simulator.

Working with an Operator in the Haynesville, Intelligent Wellhead Systems (IWS) and ProFrac Services developed a solution that enhances wellsite connectivity and improves data transmission.

Seatrium and M1 have jointly signed a memorandum of understanding (MoU) to accelerate digital connectivity to aid yard operations, marking a significant milestone in Seatrium’s digital transformation journey.

The companies have announced a multi-year commercial agreement for the Seeq Industrial Analytics and AI platform to be leveraged across Equinor’s global assets to further accelerate digital transformation outcomes.

Digital twins can help in overseeing asset performance during operations and aid in personnel training, says GlobalData.

The value was generated from the integration of over 30 industry-leading AI tools across ADNOC’s full value chain, from field operations to smarter and quicker corporate decision making.

TGS has announced that the latest enhancement to its cloud-based oil and gas analytics platform, Well Data Analytics, now features well economic models and data.

Archer collaboration with Horizon56 launches solution to digitalise operating procedure for enhanced rig safety and efficiency.

According to Future Market Insights, the global digital oilfield solutions market is projected to attain a valuation of US$39.63 billion in 2023 and is expected to reach US$65.4 billion by 2033.

Niclas Elvgren, Head of the Professional Solutions Business Unit at Imint, considers how new video enhancement software is poised to unlock the full potential of remote assistance devices used within the oil and gas sector by addressing video quality issues.

Aker BP has awarded Multiconsult Norge AS a contract for civil engineering, consultancy and supervision services in the Yggdrasil power from shore project.