Harnessing the Power of Digital Twins for Decommissioning
As oil and gas fields mature, optimising decommissioning projects through new processes and technology, has become a key industry focus.
Digital Twins
Former P&J editor launches ‘digital twin’ drone business
Damian Bates, the former editor of the Press and Journal (P&J) newspaper in Aberdeen, has launched a drone – digital twin business serving the oil and gas sector.
Neptune Energy boosts global portfolio of digital twins
Neptune Energy has today announced an agreement to create new “digital twins” of two of its offshore platforms.
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 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.
5 extreme trends that will affect oil in the next 5 years
The Oil & Gas industry is synonymous with the word ‘extreme’ but in many ways that term doesn’t translate well when it comes to keeping up with the latest of technology trends.
Could Digital Twins remove doubt from due diligence during M&A?
In the last year, mergers and acquisitions (M&A) activity in the oil & gas sector has shown continued hesitation from the heady days of $100 oil back in 2013. However acquisition activity is showing signs of gaining pace, and may become more aggressive than ever.
Petrotechnics expects ‘staggering growth’ for predictive technology
Aberdeen-based Petrotechnics has forecast a surge in the North Sea for use of predictive technology.