Digital oilfield

This end-to-end offering unlocks the power of two industry leaders to deliver improved profitability and operational excellence to maximise return on capital.

Following the partnership formed by GE and Noble Corporation plc, the two companies launched the world’s first digital drilling vessel, targeted to achieve 20% operational expenditure reduction across the targeted equipment and improve drilling efficiency.

The international energy consultancy provider has more than doubled its workforce in Aberdeen, UK and Houston, Texas thanks to contract wins and software developments in the past year.

Aker Solutions agreed on a long-term collaboration with software company Cognite to accelerate the development of digital solutions that will drive major efficiencies through the entire life of an energy asset.

Recent developments bring new capabilities within each individual solution while offering increasingly integrated workflows from geology and geophysics to reservoir engineering.

Production optimisation software now available for gas-lift and ESP systems.

Offshore Oil and Gas digitalisation software provider and systems integrator, Eigen, is delivering a new Barrier Status Panel to improve the management of operational safety on Goliat.  

Alliance brings two leading companies together to help customers tackle complex problems, optimise operations, and achieve Top Quartile performance

Weatherford International plc has announced the successful execution of a shallow-angle casing exit in Sakhalin Island, Russia, using the AccuView real time remote support system. This marks the first deployment of the AccuView system in the Russian Federation.

AVEVA has acquired the intellectual property rights to the engineering design database and design productivity software known as EDD and PDMSi, developed by Shell International Exploration and Production Inc., a member of the Royal Dutch Shell plc group.

The new company will deliver advanced production technologies and expertise to the global oil and gas industry, offering products and systems which are highly differentiated, low risk and significantly enhance well performance.

Imaging efforts will focus on gaining a better understanding of the facies distribution of the Meramec, Osage and Woodford play intervals.

The alliance will allow customers to streamline the resources involved in large data-driven deployments, and TARGET’s customers will be able to extract more value from their subsurface data via Quantico’s artificial intelligence capabilities.

TGS announces that it has obtained commercial authorisation from the Mexican regulator, Comisión Nacional de Hidrocarburos (CNH), to process its entire library of more than 30 000 wells in Mexico.  

Confidence within the oil and gas industries has surged after a difficult three years, according to a survey by DNV GL.