WFS Technologies bought by US fund after hitting the wall
Award-winning Scottish subsea gadget firm WFS Technologies has been bought out of administration in a so-called "pre-pack" deal, saving 19 jobs.
Technology
Commercialisation of technology is key to growth of the global blue economy
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.
How SeaCure is supporting operators move toward net-zero goals
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 urged to reach for those digital heights
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.
I’m proud to be a mentor
Like many things in life, the more you put in, the more you get back, and that’s very much the case when it comes to mentoring.
Interest in data capture service
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.
R&D ‘vital’ for getting through a downcycle
The downturn that struck in 2014 wasn’t littered with pleasant surprises.
Data shows millions can be saved in decommissioning costs with Veristar AIM3D
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 leads global pilot to grow trust in digital twins
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 Tanks eyes green energy revolution
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.
Maersk Training makes key appointment
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.
Data management: the key to the future of digitalisation in oil and gas, part 2
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.
Data management: the key to the future of digitalisation in oil and gas, part one
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.
Next generation rewarded with bursaries for innovation
The Society of Petroleum Engineers (SPE) Aberdeen has awarded £27,500 to 21 students as part of its 2020 bursary programme.
If your job is to look at a screen, you should do it from shore, Fugro director says
Aberdeen is at the heart of a global geo-data service firm’s major pivot towards remote and autonomous operations.
AI vs data privacy: OGTC flagship event goes online
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.
Exclusive: Ogic activities transferred to Oil and Gas Technology Centre
The Oil and Gas Technology Centre (OGTC) has been handed £3 million in funding to help it take over the duties of another energy innovation facility.
Viewport3 to roll out remote data capture service
Subsea scanning company Viewport3, of Aberdeen, is poised to roll out a new remote data capture service for the energy sector.
Risk Management Training: 25% off all classroom courses for Energy Voice readers
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.
Remote operations to ‘change the oilfield services world’
Remote operations will “change the oilfield services (OFS) world” according to Chris Jones, vice president for OFS in Europe at Baker Hughes.
Peterson supports the next generation with apprenticeships
Leading international energy logistics provider Peterson has kicked-off Scottish Apprenticeship Week by announcing a number of new apprenticeships across its diverse business.
Maureen engineers career path through Modern Apprenticeship
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.
Opex notches deals worth £1m in ‘exceptional’ start to 2020
Aberdeen-based data science and predictive analysis firm Opex Group is investing a further £750,000 in research and development after enjoying an “exceptional” start to 2020, during which it secured contracts worth £1million.
New technology set to ‘transform offshore industry’ after deployment in UK North Sea
A pioneering system of protecting floating offshore installations from corrosion without using divers has been used for the first time in the UK North Sea.
Aspiring astronaut encourages pupils to get involved in north-east schools challenge to meet Tim Peake
A 15-year-old stem enthusiast and would-be astronaut is urging high school pupils to take part in a competition to meet astronaut Tim Peake.