The contract, awarded by a major oilfield service company, is an endorsement of Acoustic Data's subsurface solutions, particularly for interference observation monitoring, production optimisation and well testing.
The new CorrosaLock cement system is a composite of Portland-based cement and Halliburton’s proprietary WellLock® resin system.
Optime Subsea has entered into a significant contract with Equinor for the delivery of its remote operated controls system (ROCS). This contract represents a step forward for Optime Subsea, who collaborate with operator Equinor and its partner Ithaca on the Rosebank field.
FutureOn and Rystad Energy have launched a collaborative digital tool which integrates up-to-date cost estimation with live project data for energy developments. This enables accelerated project delivery and efficiency for customers across the energy supply chain.
Adaptive Process Solutions (APS) has introduced a new product to the market which will help oil and gas producers increase productivity while improving the environmental footprint of their produced water treatments.
Azule Energy will use FieldTwin to develop and accelerate four of its projects in the region.
Halliburton Company has announced it will work with Libra Consortium, led by Petrobras, to develop a digital twin for a pre-salt field system in Brazil.
The collaboration will bring a comprehensive remote asset monitoring solution to global industrial companies and deliver advanced data analytics to drive energy-efficient operations, and reduced energy waste.
MODEC, and Terra Drone Corporation has signed a memorandum of understanding (MOU), for the technical development of inspection drones for FPSO (floating production, storage and offloading system), a typical offshore platform.
The platform gathers, analyses and verifies diagnostic data from instruments remotely, without interrupting current measurement tasks.
The round was led by existing investors Mercury and Montrose Lane, plus new investors BDC Capital and Accelerate Fund III.
Developed by OneNexus to help the energy industry meet the challenge of its Asset Retirement Obligations (ARO), WellSecure is a financial contract that provides long-term financial security for the purpose of funding oil and gas decommissioning liabilities.
Locus Bio-Energy’s AssurEOR STIM® biosurfactant technology has been certified to reduce the carbon intensity and boost production of crude oil and natural gas operations.
Halliburton Company and Sekal AS have announced an agreement to jointly provide leading well construction automation solutions as part of a longer-term strategy to deliver fully automated drilling operations.
Intelligent wellhead systems (IWS), has announced the introduction of Wellsite Watch™, an application which provides digital, simplified personnel management for wellsite operations personnel.