RAB-Microfluidics secures £1.24m investment
Aberdeen University spinout RAB-Microfluidics has secured £1.24 million in an investment round led by St Andrews-based seed funder Eos Advisory.
Technology
Technical development at heart of the solution
Oil and gas companies across the globe are facing something of a balancing act currently.
Petrofac leans on ‘art of the possible’ mindset to develop digital tools saving clients millions
A technology chief at Petrofac says the energy service firm adopted the “art of the possible” philosophy in its mission to bring new digital products to the oil and gas inspection and maintenance market.
Changing the face of corrosion and inspection management
Specialist firm Surface Corrosion Consultants is leading the way in web-based technology for the management of corrosion.
Be brave and place some bets
There’s a general view that we should consign the year gone by to history. In oil and gas, and the wider energy industry, 2020 can more accurately be viewed as another challenging time for a sector accustomed to being beleaguered.
RotoJar eyes substantial growth after multimillion pound investment in new HQ
North-east oilfield technology company RotoJar is targeting growth after its owners invested millions of pounds to buy and renovate new headquarters.
Shell and Equinor team up on digital collaboration project
Shell and Equinor have announced plans to team up to further the use of advanced analytics on historical data to improve operational spare part inventories.
Neptune and Spirit Energy team up with Norwell Edge to raise training standards
A new collaboration that brings two major operators together with a leading energy e-learning firm is aiming to raise standards and improve training levels across the UK and wider North Sea oil and gas sector.
Air Control Entech eyes recruitment drive after hitting it off with Stork
Remote inspection technology firm Air Control Entech (ACE) intends to recruit up to 10 new employees after landing a partnership with Stork, a Fluor company.
BME Nitech expects a considerable boost from new technology
Industrial lighting specialist BME Nitech, of Aberdeen, has said its latest technology could deliver a six-figure boost to annual revenue.
LNG Marine Fuel Institute comes clean
The LNG Marine Fuel Institute has changed its name to the Clean Marine Fuel Institute.
SP Energy Networks to roll out “giant Meccano” power system to keep lights on this winter
Scotland’s electricity network is to benefit from new technology that can restore power within 24 hours if severe weather leads to a loss of electricity this winter.
BGF invests in software company favoured by North Sea oil firms
Growth capital investor BGF has completed a multimillion-pound investment in engineering information management software company Datum360.
‘Significant opportunities’: Dundee engineering group shows optimism with investments
A Dundee engineering firm said its major machinery investments demonstrate its confidence and resilience in a tough marketplace.
OGTC’s TechX graduation goes virtual
OGTC’s accelerator programme, TechX, celebrates the graduation of its third cohort of technology start-up Pioneers, the first to be done via a virtual programme.
Shell and robotic ship firm announce ‘seep hunting’ pact
Energy giant Shell and offshore robotic ship operator Ocean Infinity have made a pact to execute multiclient "seep hunter" projects together.
Flylogix targeting more North Sea methane monitoring trips in 2021 after reaching milestone
Unmanned aviation firm Flylogix is planning more flights to monitor methane emissions from North Sea platforms early next year after reaching a new milestone.
DNV GL launches industry-first recommended practice on quality assurance of oil and gas industry’s digital twins
DNV GL has published the oil and gas industry’s first recommended practice (RP) on how to build and quality-assure digital twins.
Oil RenAIssance: Big Oil is tapping Big Tech once more
Renewable energy technologies and the use of big tech within the oil and gas sector have been accelerated due to the COVID-19 outbreak.
TAQA awards maintenance deal to AI software firm VROC
Software company VROC has clinched a deal to provide AI predictive analytics services on three of TAQA’s UK North Sea platforms.
Video: ‘World first’ as robot completes offshore wind turbine blade walk
A “world first” has been achieved after a robot carried out a blade walk on an offshore wind turbine off the coast of Scotland.
Balmoral FibreFlex cable protection system delivers unique benefits
At a time of renewed interest and heightened activity in the offshore wind sector developers are seeking technological innovation from the supply chain to assist in their efforts to maximise efficiency and minimise cost.
Chemicals firm to create new Aberdeen jobs after management buy-in
A chemicals manufacturer is aiming to recruit 10 people in Aberdeen following a management buy-in backed by private equity.
Oil rigs run on AI ‘twins’ points to future hastened by Covid
The coronavirus crisis had a devastating effect on oil-company revenues, but it’s posed a tough human-resources problem too: how to keep workers safe on cramped rigs at sea where social-distancing is impossible.
Deal with Stena Drilling is largest ever for fledgling Aberdeen firm
Crane and lifting technology firm Intebloc, of Aberdeen, is celebrating its biggest ever contract win after clinching a six-figure deal with Stena Drilling.