Digital oilfield

The plan provides an overview of how the company is progressing towards its 2050 net zero ambition through short-term actions and medium-term ambitions.

Neptune Energy announced it has received an improved environmental, social, and governance rating from Sustainalytics of 23.2, putting it in the top 3% of all oil and gas companies rated by the organisation.

Maersk Training is set to increase headcount across its UK sites as it looks to recruit new instructors due to industry demand.

A multidisciplinary Wood team will implement a combined production management system (PMS) and virtual metering system (VMS) at the Sangomar FPSO control room.

A survey of 1030 UK-based industrial firms has found that 80% of oil and gas companies post-pandemic are relying on legacy systems and spreadsheets to get tasks done.

Candice Ragnes, E&P Consulting, Houston, US, reports on resourcing talent in digital oil and gas, and why the industry has been slow to fully embrace the digital oilfield space.

Halliburton will deploy Energy Stack, its cloud solution that runs on-premise, to manage petrotechnical software applications.

ConocoPhillips will use Schlumberger digital solutions enabled by the DELFI environment to bring its reservoir engineering modeling, data and workflows to the cloud.

The GeoSphere 360 service delivers real-time 3D reservoir insights to enhance reservoir understanding and optimise production potential.

The field-proven StageCoach model accurately predicts how proppant and fluid will flow through wells to measurably improve well productivity by 10-15%.

Petrobras’ geophysical processing team will have access to a full range of geophysical processing tools, including time, depth, multicomponent, time-lapse 4D processing and advanced imaging offered by the Shearwater Reveal software platform.

The hub would enable both parties to jointly develop new AI-powered innovations to facilitate the carbon reduction of complex energy-intensive assets throughout Saudi Arabia and abroad.

According to GlobalData forecasts, the global Internet of Things (IoT) revenue in the energy sector is expected to reach US$59 billion by 2025, up from US$34 billion in 2019.

WorkfloPlus-Web enables oil and gas operators to transform paper-based procedures into smart digital workflows that are now accessible via a web browser, while opening up the platform to operating systems such as Microsoft Windows for seamless integrated working.

Euan Fowler, Principal Subsea Engineer, Xodus, explores an integrity management web-based software platform that effectively pulls together all operator information around pipeline inspection, maintenance and repair activities in one shared location.