Oil And Gas Industry News

Photo: Sonardyne

Partners Designing Autonomous Seismic Nodes

monitoring technology, which is vital to the development and production optimization of oil and gas fields. The new technology will also allow the reduction of both costs and operational safety risks, Sonardyne said.“This is a very promising project, fully aligned with the new reality of the oil and gas industry, which seeks to use new technologies to ensure a safer, more efficient operation that has less impact on the environment,” said Jorge Lopez, Shell Research and Development Advisor in Brazil. “For Shell, Brazil is an important center for attracting partners and technological development

Decommissioning. Image: James Fisher Offshore

JFO, First Subsea Team for Decommissioning

;This collaboration with First Subsea strengthens our offering and exemplifies our strategy of bringing new innovative technology to the complex oil and gas market – with the potential to service other industries, including offshore wind and transport,” Jack added.Designed with the oil and gas industry’s decommissioning projects in mind, ICLT offers a simple solution that streamlines the number of contractors, operations and personnel required on offshore platform operations.When fully commercialised early in 2019, it will offer significant HSE, time, operational and cost benefits

T12 with SeaFLIR230 installed (credit: Jack Rowley)

USVs Secure Offshore Oil and Gas Infrastructure

While much of the “buzz” regarding America’s increased energy production has focused on onshore fracking, which has opened up billions of barrels of oil and trillions of cubic feet of natural gas to production, the offshore oil and gas industry continued to provide a huge amount of the U.S. energy production. According to Forbes Magazine, offshore energy production has been increasing this decade and now stands at over two-and-one-half million barrels of oil, and almost three trillion cubic feet of gas a day.This massive production effort is sustained by offshore drilling rigs

Island Pride (Photo: Ocean Infinity)

Ocean Infinity to Conduct AUV Surveys for Petrobras

for Woodside on the Scarborough Field offshore Western Australia, reconfirms the merits of Ocean Infinity's offering to the offshore oil and gas sector, according to CEO Oliver Plunkett.“Working on a project of this scale is a clear endorsement of our technology and highlights how the oil and gas industry recognizes that through the deployment of multiple AUVs, we can deliver the highest quality data, safely, quickly and more cost effectively than ever before,” he said.Ocean Infinity’s AUVs are equipped with a side scan sonar, a multibeam echosounder, a sub-bottom profiler, a high-defini

David Millar, Director TechX Program, The Oil & Gas Technology Center

TechX: Pioneering and Accelerating

over 125 international applications to just 10 start-ups that met our exacting criteria for enrolling on the first TechX Pioneers program.The 16-week intensive accelerator program, and follow-on 12-month incubator, provides unprecedented access to a host of expert mentors, global partners in the oil and gas industry, unrivaled access to market, and crucially, game-changing funding. Up to £100,000 is available to each start-up without any equity take or pay back. What’s more, the developers retain all intellectual property.From artificial intelligence-based data analytics, to cutting-edge scientific

Sistac  Diver ready for action. Photo Sistac

SISTAC: Brazil´s Homegrown Subsea Service Provider

actions that can have a positive impact on people and on the society,” said Gutterres.istac is a leading player in offshore oil and gas IMR services in Brazil. Founded by a former saturation diver, Mario Gonçalves (currently board member of the company), who had been operating in the oil and gas industry since 1979. Headquartered in Niteroi, the company has its operational sites in Itaboraí and Macaé, both Northeast of the city of Rio and its own shipyard in Angra dos Reis on the South Coast (where its vessels were built). Sistac was founded in 1995, by Mr. Gonçalves,

Left to right: Paolo Cattaneo, Brett Laurenson and Alex Pretty (Photo: Rovco)

Rovco Grows Its Team

future technology and services required to support clients in the oil, gas and renewable energy sectors, working alongside the offshore and R&D teams.Pretty will focus on developing new opportunities in the offshore renewables market, Laurenson will boost Rovco’s presence in the global oil and gas industry, and Cattaneo will work across both divisions

(Image: Autonomous Robotics Ltd)

Partners Lead New Swarm Technology Research

for the offshore energy operators performing ocean bottom seismic surveys.“I would also like to thank the Oil & Gas Innovation Centre (OGIC) for their support of this project. OGIC assists companies to find academic partners and provides funding for innovative projects which benefit the oil and gas industry.”Dr. Wai-keung Fung, Group lead of the Communications and Autonomous Systems Group at RGU, added, “This great opportunity enables our research group to apply AI algorithms for large scale underwater swarm localization, which is one of the core research problems in underwater robotics

David Lamont (Photo: ROVOP)

ROVOP Names Lamont Non-executive Director

oil and gas sector. After starting his career at Schlumberger where he worked for 18 years, he has held a number of senior management roles, most recently as the CEO of global energy services company Proserv.ROVOP CEO Steven Gray said, “David is a highly respected figure in the international oil and gas industry. He joins us at an exciting time of growth and we are in no doubt that his dynamism and experience in growing businesses in the subsea sector will prove invaluable.“David will play a key role in supporting the evolution of our market proposition and organisational development, as we

Image: TGS

Schlumberger, TGS Bags New US Seismic Project

."This survey is supported by industry prefunding. TGS provides multi-client geoscience data to oil and gas Exploration and Production companies worldwide. Schlumberger is the world's leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry

Maneuvering the Subsea Power Hub over the pier for the first system wet trial. (Photo: Nortek)

Tidal Power for Seabed Oil and Gas Installations

underwater turbines engineered to harness power from tides and ocean currents to produce industrial-scale levels of electricity. At the smaller scale, tidal power can be just as useful and, indeed, can be much easier to deploy to meet commercial needs.A team of subsea engineers from the North Sea oil and gas industry saw one such potential opportunity and decided to set up their own company – EC-OG – to pursue it in 2013. The result of their endeavors is the Subsea Power Hub, a compact tidal- and ocean-current-based electricity generator, suitable for providing renewable power to subsea oil

Manta OBN. Pic: Seabed Geosolutions

Seabed Geosolutions Wins Red Sea Ocean Contract

The provider of comprehensive ocean bottom seismic (OBS) solutions to the global oil and gas industry Seabed Geosolutions and its partner have been awarded a 3D ocean bottom node survey in the Red Sea.The S-79 project will require the acquisition and processing of high quality 3D data over a large area in various water depths.Seabed’s highly efficient 4C Manta ocean bottom nodes will be used, in combination with its best-in-class ROV deployment system in deep waters and node-on-a-wire system in shallower areas. The surveys are scheduled to commence early 2019.The contract will be jointly executed

Forum Taps Gaut as CEO

Houston based Forum Energy Technologies, Inc. announced Monday that C. Christopher Gaut will return to the role of Chief Executive Officer to replace outgoing CEO Prady Iyyanki. Gaut will continue to serve as Chairman of the BoardGaut, a seasoned oil and gas industry executive, has served as a member of Forum’s Board of Directors since 2006 and as Chairman since 2010. In addition, he previously served as Forum’s Chief Executive Officer from 2010 to May 2017.“Forum is a strong company with tremendous talent and significant upside potential. It is a privilege to be asked to lead the

Image: Aker Solutions

Aker Solutions, Siemens Join Forces To Strengthen Digital Offerings

combining Aker Solutions' strong knowledge in upstream oil and gas projects as well as its domain-specific digitalization offerings with Siemens' extensive knowledge in the field of electrification, automation and digitalization. Customers across a broad range of industries, including the oil and gas industry will benefit from an enhanced joint offering that will increase their productivity, efficiency and flexibility."

(Photo: 3D at Depth)

3D at Depth Expands

responsiveness.The company also recruited industry professional Ian Ellis to manage the Aberdeen and Scandinavian customer base from the Kingswells office located just outside of Aberdeen, Scotland. Ellis brings a wealth of experience with a career that spans over 21 years’ in the offshore oil and gas industry. Over this period, he has held onshore and offshore positions with Subsea 7, UTEC Survey, Nautronix and latterly Proserv where he acted as the Survey Operations Manager. His expertise in the hydrographic survey, acoustic positioning, inertial navigation and data processing areas, will support

Image: KPMG

Oil And Gas CEO: New Tech Creates Opportunity

implemented Artificial Intelligence (AI).However, only 59 percent feel their organization is an active disruptor in their own sector, and 57 percent feel that the lead times to achieve significant progress on transformation can be overwhelming"Technology is disrupting the status quo in the oil and gas industry. AI and robotic solutions can help us create models that will predict behavior or outcomes more accurately, like improving rig safety, dispatching crews faster, and identifying systems failures even before they arise. This level of predictability can have a profound impact on our industry

Prelude. Photo: Shell

LNG Report: Floating Liquefaction & Regasification

business -- and over the past 30+ years has been engaged as adviser by numerous clients in the offshore oil and gas sector.   Jim has been advisor on planned FSRU projects in Ghana, Jamaica, India, elsewhere.George Tilley, senior researcher, is a 30+ year veteran of the international oil and gas industry having worked in Brazil, Kazakhstan, India and Tanzania for BG Group. In his last assignment in Tanzania George was responsible for the commercial arrangements with partners and government for the proposed LNG project. Our other senior analyst in the study has 30+ years of experience as offshore

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