Oil And Gas Technology News

Energy ecosystems are evolving as the value of offshore power-to-X production is being realized.Flexible and delivered in long lengths on reels in a fast-track operation, thermoplastic composite pipeline can transfer up to nine times the amount of energy as a cable and can be used to store hydrogen, increasing the uptime of offshore wind farm generated power.That’s according to Netherlands based supplier Strohm, member of the Hydrogen Offshore Production for Europe (HOPE) project and the Dutch floating green hydrogen and ammonia OFFSET project.

Mocean Energy, global wave energy player, has teamed up with energy major Chrysaor, subsea energy storage experts EC-OG and AUV specialist Modus in a project to look at using renewables for subsea power.The project, funded by the partners together with the Oil and Gas Technology Centre (OGTC), will look to use Mocean Energy’s Blue Star wave energy converter and EC-OG’s HALO subsea energy storage system to power subsea tiebacks or residential AUVs.If industry feedback is positive, the partners will press ahead with a technology field trial using a Mocean Energy prototype in the seas off Orkney later this year.Once proven, these technologies could provide vital backup power in case of umbilical failure…

With a goal of creating more artificial intelligence (AI) led solutions for the oil and gas sector, Abu Dhabi National Oil Company (ADNOC)  has signed a deal with compatriot technology company Group 42 (G42) to create a new joint venture.The JV will be tasked with developing and commercializing market-leading AI products for the energy sector.The agreement was signed at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) by Omar Suwaina Al Suwaidi, Director, Executive Office Directorate, ADNOC, and Peng Xiao, CEO of G42. The signing of the agreement was witnessed by His Excellency Dr Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO.Dr Al Jaber said: “As we prepare for the opportunities and challenges the 4th industrial age will present…

The National Decommissioning Centre (NDC) is opened by Lord Duncan, UK Government Minister for Scotland and Paul Wheelhouse MSP, Scottish Energy Minister, in Newburgh, in North-East Scotland’s Energetica Corridor.The Centre aims to work in partnership with companies to become the global leader in research and development (R&D) focused on reducing costs, extending field and asset life, and transforming the traditional approach to decommissioning.100 offshore platforms and 5,700km of pipeline are forecast to be decommissioned or reused over the next decade on the UK Continental Shelf. With the Oil and Gas Authority estimating the total cost of oil and gas decommissioning to be £58bn…

Ship owners can expect a rich digitalized offering from Kongsberg Group after the merger of its software-producing, oil-and-gas technology division; its maritime simulation (SIM) business and the company’s renewable energy department. Kongsberg Digital is the successor to these, and among the new entity’s cloudlike offerings are new ways to learn and train, as well as new SIM business models. Behind it all is the ultimate learning academy, one for all the world’s SIM and the Internet of Things — their trademarked digital “ecosystem”, Kognifai.

Every five years, DNV GL publishes a Technology Outlook report providing insights into the technology landscape of the next decade. Its latest report focuses extensively on top tech trends and the future outlook for maritime, oil and gas, energy, and life sciences. The DNV GL Technology Outlook 2025 identifies four dominant catalysts driving technology innovation globally, namely digitalization, climate change, politics and regulation, and sustainable resource consumption. The digitalization of information flows will spur the automation of existing processes and functions, and have a positive impact on safety and environmental performance. Ships today are developing into sophisticated sensor hubs and data generators.

With the energy market swoon in full blossom, Maritime Reporter checked in with Mark Charman, chief executive of global recruiting leader Faststream, for his insights on the breadth and depth of the impact to the offshore employment market. Uncertainty. If there is one word that summarizes current global energy market conditions, it is uncertainty. The sudden downturn in oil pricing – which started nine months ago and collectively caught much of the global market by surprise…

General Electric today announced the opening of the $500 million Brazil Technology Center that will focus on developing advanced subsea oil and gas technology. The center, GE’s first in Latin America, will be a hub for engagement and collaboration with GE’s customers in the region and is expected to employ 400 researchers in the future. In the twentieth century, one of mankind’s greatest feats was successfully landing on the moon more than 235,000 miles from earth. In the 21st century, mankind’s greatest feat may well be securing the  world’s energy future for the next few centuries. Subsea engineers often say that it is actually more difficult to put a machine 10,000 feet under the sea than send a rocket to the moon.

Produced Water Absorbents, Inc., (PWA) of Ohio, U.S., expanded its global footprint, choosing Aberdeen to locate its first international entity, PWA Europe Ltd. The environmental oilfield service provider was incorporated in June 2011 and has its global headquarters in Wooster, Ohio, USA. Its European hub will be located in Buchan House, in the Northfield area of Aberdeen. The company provides revolutionary waste water treatment solutions and services to the oil and gas industry. The firm has developed a regenerable absorption media used for the treatment of oil and gas waste water streams.

International law firm Wikborg Rein has appointed two new partners to its shipping and offshore team. Birgitte Karlsen becomes a partner in the firm’s London office, which she joined in 2011 after two years working as in-house counsel for offshore oil and gas technology specialist Aker Solutions in Norway. Prior to that, Birgitte had worked in the Oslo and Singapore offices of Wikborg Rein as a senior associate. Birgitte’s work in the offshore sector includes structuring international projects, general risk analysis and related project financing.

More than 30 oil and gas organisztions in the Middle East will gather to discuss the opportunities and challenges of collaborating on technology development in the GCC (Gulf Cooperation Council). The event, organised by ITF, the technology facilitator for the global oil and gas industry and  sponsored by Kuwait Oil Company, will take place in Abu Dhabi on Monday February 27. ITF, a membership organization of international oil and gas operator and service companies, is  encouraging companies in the GCC to focus on the need for collaborative oil and gas technology funding and agree commitment to drive forward with a strategy for the region. Neil Poxon, managing director of ITF will outline the benefits of driving new groundbreaking technologies through joint industry projects.

ITF, a global oil and gas technology facilitator, announced the challenges that its membership of operator and service companies want to see tackled as priorities in 2012. Up to 100% funding will be available for the right solutions to some of the industry’s most pressing challenges and ITF aims to secure around £50 million investment directly from its members over the next three years. A Subsea Technology Challenge Workshop will take place in Aberdeen on September 6, 2012, which will aim to drill down further into the issues and develop a roadmap to allow focus on the key subsea gaps that can be tackled collaboratively. Neil Poxon,…

ITF, the global oil and gas technology facilitator, has announced the challenges that its membership of operator and service companies want to see tackled as priorities in 2012. Up to 100% funding will be available for the right solutions to some of the industry’s most pressing challenges and ITF aims to secure around £50 million investment directly from its members over the next three years. The first Technology Challenge Workshop on unconventional reservoir characterisation will take place in Aberdeen on 13 March where members will prepare a roadmap to define the issues ahead of a further workshop in Houston in June. A global call for proposals will then be issued inviting technology developers to submit their innovative solutions.

UK based, oil and gas technology company Brinker is celebrating a year of zero failures as its game-changing Platelet barrier technology redefines working practices in the global well integrity market. It is estimated at any one moment, across the world, between 20 and 30% of existing wells do not operate due to integrity issues. Brinker’s Platelet technology enables operators to bring shut-in wells or wells producing under dispensation back online in a matter of hours. More than 30 workover jobs have been carried out in the last year from the Arctic ice cap to the deserts of the Middle East, in temperatures ranging from minus 40 degrees Celsius to plus 50 degrees Celsius - all completed with a 100% success rate.

Aker Maritime's Oil and Gas Technology unit reportedly won a five-year deal with U.K.-based offshore production contractor Bluewater Services worth about 40 million pounds. It said in a statement that under the deal, which was an extension of a previous four-year agreement, Aker Oil and Gas Technology would support Bluewater's three UK-based floating production units.

Norwegian industrialist Kjell Inge Roekke proposed merging his Aker firms with the shipbuilding and oil and gas divisions of Kvaerner on Wednesday to combat stiffening world competition. Aker forecast synergies from 2003 worth $89-$112 million, from the link-ups, the latest in a string of proposed ties between the two groups, which are struggling in a dwindling Norwegian oil and gas services market. "We expect that most of Kvaerner's shareholders will accept this," said Roekke, a billionaire investor whose interests range from fisheries to building oil platforms. Kvaerner welcomed proposed talks on shipbuilding but reacted frostily to the suggested tie-up in oil and gas, saying it would not help the company to meet future challenges. It said Aker over-estimated synergies.