Digital oilfield news

The software's risk management module helps identify and quantify project risk considerations that affect cost and schedule selections, offering greater certainty to sectors where budget and project overruns are common.

Arum’s cloud-based software development team in Edinburgh have joined Cyberhawk.

To be competitive in today's oil and gas industry is first and foremost about upgrading the user experience and not by producing new rigs, says Andreas Grydeland Sulejewski, Neptune Software.

The methodology aims to bring a level playing field to the sector’s varying technical definitions of, and expectations towards digital twins.

Restrata has announced that more operators are on the verge of adopting its safety and emergency response technology.

As part of the collaboration, the three companies will work together to build Azure-native applications in the DELFI cognitive E&P environment.

The OOC Oil & Gas Blockchain Consortium, whose members include Chevron Corp., ConocoPhillips, Exxon Mobil Corp., Equinor and Royal Dutch Shell, has awarded a contract to Data Gumbo to pilot blockchain technology for water handling services.

The Probabilistic Digital Twin concept was unveiled at Offshore Europe 2019 this week.

Adam Weinstein, Validere, argues that the contamination of oil in the Druzhba pipeline earlier this year hints at an industry wide problem, and suggests that the answer lies in the Industrial Internet of Things and artificial intelligence.

The partnership involves Eigen building process system monitoring, equipment performance monitoring and condition monitoring displays for Chrysaor’s critical mechanical and process equipment.