It is no secret that electric utilities are having to undergo a deep transformation to adapt to the energy transition. The extent of this transformation calls to mind what happened to telephone companies when the Internet came along. And as with the Internet’s impact on telephony, one of the key factors in the electrical utility incumbents’ ability to adapt to change is their capacity for digitalization.
The rise of the machines – it’s not something that’s ever portrayed in a positive light in Sci-Fi movies or novels. But a new legion of souped-up robots is getting ready to boot up and make the offshore energy sector safer, keeping us out of harm’s way.
Axora, the digital solutions marketplace for industrial innovators, has published a major new report into digital trends and key growth drivers in the global oil and gas industry.
This is the final in the three part series, by Snowflake, examining the concept of net zero data and how advances in technology can help the world’s largest organisations—especially those which are particularly emissions-intensive like oil and gas—reduce the carbon emissions footprint of their data. See for Part one and Part two.
A consortium researching how robots could make offshore infrastructure inspection and repair safer has received a £2.5 million cash injection from UK Research & Innovation (UKRI).
This is the second in a series, by Snowflake, examining the concept of net zero data and how advances in technology can help the world’s largest organisations—especially those which are particularly emissions-intensive like oil and gas—reduce the carbon emissions footprint of their data. For part one, see here.
The French Ministry of Culture has awarded Fugro a further contract to complete the scanning of the astonishing Cosquer Cave, located in the Urgonian limestone at Cap Morgiou near Marseille, France.
The past year has taken a significant toll on many industries’ bottom line, and oil and gas is no exception. Pushed by excess supplies, price wars, and reduced demand due to the COVID-19 pandemic, oil prices fell to record lows.
This is the first in a series, by Snowflake, examining the concept of net zero data and how advances in technology can help the world’s largest organisations—especially those which are particularly emissions-intensive like oil and gas—reduce the carbon emissions footprint of their data.
A group of Aberdeen-based technology companies are nearing completion of a programme designed to boost the growth potential of the region’s digital economy.
ABSG Consulting Inc. (ABS Consulting), a leading global operational risk management company, has launched an integrated new cybersecurity service designed to help organizations monitor, manage and reduce the growing threat of Operational Technology (OT) cyber attacks.
In the face of significant challenges, the oil & gas sector needs to embrace digitalisation and increase the pace of change to survive the decade ahead.
Even when the Covid-19 downturn is finally past us, operators will have to continue exploring new avenues for cost reductions to be better equipped to withstand future market declines. In a report that looked into the adoption of robotics across the petroleum industry, Rystad Energy found that existing solutions could replace hundreds of thousands of oil and gas jobs globally and reduce drilling labor costs by several billion dollars by 2030, if there is an industry push for such a transition.
BME Services, part of Aberdeen-based equipment and industrial service company BME Group, has unveiled North Sea helideck refurbishment contracts worth £500,000.
A sustainable future is closely linked to creating and adopting innovative technologies. These new products, services and ways of working may solve many of the challenges we face as individuals and as a society. However, to unlock the power of innovation, these technologies must be adopted and deployed. How we produce and consume energy is a critical element of a sustainable future.
A rallying cry for improved digital collaboration was issued to North Sea oil and gas firms during the opening session of Energy Voice’s Virtual Tech Showcase.