The energy sector today is a constantly changing, evolving and complex landscape. It is continuously seeking to find an equilibrium in the turbulence of supply and demand, fossil fuels and renewables, and survival and growth. All of which is underpinned by fierce competition for investment.
Cavitas Energy’s mission to develop a downhole device aimed at improving the economic feasibility of heavy and enhanced oil recovery has taken a major leap forward.
The UK has an unrivalled track record of technological innovation, but ideas frequently fail between invention and commercialisation. To help cross this chasm, the National Subsea Research Institute (NSRI) has developed a tool which provides a clear indication of potential commercial viability of early stage technology in the subsea industry, supporting technology and innovation developers, funding organisations and investors.
DeltaTek launched its SeaCure services in 2018 and has gone on to deploy the technology on multiple new wells in the UK North Sea and the Mediterranean. DeltaTek has been vocal about the time and cost saving benefits of the technology (up to 80% in some cases), but something that we don’t often discuss is the environmental impact.
Oil firms must seize the opportunity presented by the Covid-19 pandemic to grasp the nettle and embrace digital technology and data analysis, industry experts have said.
Subsea scanning firm Viewport3 has notched up £100,000 worth of orders for a new data capture service within weeks of launching it for the energy sector.
A digital twinning and smart data asset management tool from Bureau Veritas, a world leader in testing, inspection and certification services, can save between 9% and 15% on total decommissioning project costs, research has revealed.
DNV GL has issued an international call to oil and gas operators and the supply chain to pilot a methodology that will prove whether the data generated by digital twins can be trusted, and if the technology is delivering value.
Balmoral Group’s storage tanks business is tapping into the growing green energy market with new products following a £20 million investment at its base in Yorkshire.
Global training provider Maersk Training is delighted to announce the appointment of Scott Taylor as Head Of Commercial UK. Scott will oversee all Sales, Commercial and Marketing activities for the Business, headquartered in Prime Four, Kingswells, Aberdeen.
In the second article of our 2-part deep-dive, we continue to explore how to unlock digitalisation value via our top data and information management themes in Oil and Gas.
The last 12 months have seen accelerating change in the oil and gas industry; some of it very positive, some of it very challenging. In the first article of our 2-part deep-dive, we explore how to unlock digitalisation value via our top 5 data and information management themes in oil and gas, from both the engineering and subsurface perspectives.
The Oil & Gas Technology Centre (OGTC) will launch the first of its Tech20 Virtual series with ‘Artificial Intelligence vs Data Privacy: a 21st century David and Goliath story’, taking place Friday 3 April, 11:00-12:00 GMT.
Workplace health and safety should be the essential foundation of any organisation, but is particularly important in the energy industry, where workers are often placed in hazardous environments and high-risk situations.
Leading international energy logistics provider Peterson has kicked-off Scottish Apprenticeship Week by announcing a number of new apprenticeships across its diverse business.
Maureen Morgan started her career in the care sector but always had a keen interest in mechanics. After deciding to pursue her passion in 2013, she is now an apprentice mechanical engineer at Sparrows Group’s Aberdeen headquarters based in Bridge of Don.