Digital oilfield news

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.

Project wins over the last 6 months include an integration solution to support the rig start up for a major new offshore project off the coast of Mexico, the first for Fennex in the region.

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.

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.

The digital twins of two platforms in the Dutch North Sea will support planning of Neptune’s Carbon Capture and Storage project in the L10 area.