Digital oilfield

Compared to 2016, the company’s North Sea business grew an unprecedented 60% – far exceeding the regional target for the period.

AGR, the well design and drilling project management firm, has agreed to host its iQx software on the platform, which contains information that is vital to companies selecting locations of wells.

As a result, P1™ and CT™ will play a key role in screening, analytics, planning and tracking of performance in Sasol well operations as well as tracking of operational costs.

The digital twin models will be connected to the Mad Dog 2 facility-integrated control and safety systems to create a realistic simulation environment.

An integrated operations support centre and a drilling operations centre will help reach Statoil’s ambition of increasing value creation from operated fields in Norway by more than US$2 billion from 2020 to 2025 before tax.

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.