Technology News


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Oil and Gas Digital Investment Set to Surge
Thursday, January 10, 2019 Global oil and gas executives are preparing to accelerate their investment in digital technologies, according to a new report from EY.

2019 Downstream Trends: A Preview
Wednesday, January 02, 2019 Downstream industry leaders predict hot topics for 2019.

Planning for Pivotal Moments: Operating at the Forefront of Commissioning
Wednesday, December 26, 2018 Digitizing is repeatedly hailed as the next great step change for many industrial operations.

Watchdog Finds Shortfalls in US Pipe Security
Wednesday, December 19, 2018 Government auditors found widespread shortfalls in how the Transportation Security Administration protects the US network of pipelines.

No Theft in Saipem Cyber Attack
Tuesday, December 18, 2018 Saipem reveals there has been no theft or loss of data in connection with the cyber attack it suffered recently.

HR's Role in the Oil and Gas Digital Transformation
Tuesday, December 18, 2018 A new survey by KPMG finds that some oil and gas HR executives are still a bit hesitant to transform their workforces to keep up with the industry's digital transformation.

Digital Transformation Disrupts Oil and Gas
Monday, December 17, 2018 The oil and gas industry's digital transformation begets a new set of challenges and opportunities.

Complex Oil Refiner Margins Squeezed
Friday, December 14, 2018 Returns at sophisticated refinery units that companies built at great expense are now almost on a par with those at relatively inexpensive and simple plants.

Saipem Reveals Extent of Cyber Attack
Thursday, December 13, 2018 The cyber attack on Saipem hit servers based in the Middle East, India, Aberdeen and Italy.

Cyber Attack Targets Oil and Gas Services Company
Tuesday, December 11, 2018 Saipem suffers a cyber attack on its servers.

Blockchain Platform to Revolutionize Oil Trading
Friday, November 30, 2018 VAKT, a new blockchain-based platform for crude oil traders, is now live.

BHGE Introduces Cost-Saving Subsea Technology
Thursday, November 29, 2018 Baker Hughes says the new technology can reduce the economic development point of subsea projects by 30%.

Digitalization Can Save Upstream Sector $75B Each Year
Monday, November 12, 2018 A new study by Wood Mackenzie shows how the US Lower 48 has led the way in utilizing technology to transform their business.

Unconventional Wells Getting Early Win from Predictive Analytics
Monday, November 12, 2018 More than one-half of the world's top 100 largest oil and gas companies are now using digital tools to predict the future.

Big Oil Tells Big Tech Being Arrogant Will Backfire
Thursday, November 08, 2018 One of the biggest oil bosses in the world has a message for hotshot young tech stars.

3T Energy Group Buys Survivex
Friday, November 02, 2018 Global technology and training organization, 3T Energy Group, acquires offshore training company Survivex.

Oil and Gas Optimism Rises for 2019
Tuesday, October 30, 2018 All subsectors of the industry expressed confidence going forward during the industry's continued recovery, according to a Deloitte survey.

Oil and Gas Travel to Pack More Tech in 2019
Thursday, October 25, 2018 Efforts to protect the safety of workers traveling to and from oil and gas installations worldwide should become more technologically sophisticated in 2019.

BP Taps Technology to Bolster Billions in Savings
Monday, October 22, 2018 BP's use of data has helped the company cut billions of dollars of costs following oil's recent existential slump.

Oceaneering Rides Recovery Wave With New ROV Technology
Thursday, October 18, 2018 Technology is increasingly becoming more important for oilfield services companies to gain an edge in what's still a recovering market.

110MM Barrel North Sea Field Comes Online
Monday, October 15, 2018 The North Sea Oseberg Vestflanken 2 field came online on October 14.

Oil, Gas CEOs Sold on Tech Benefits, but Unprepared for Disruption
Wednesday, October 10, 2018 A new report by KPMG examines how oil and gas CEOs feel they fare in their technology efforts and what still needs work.

Oil and Gas Cyber Attacks Increased in Past Year
Friday, October 05, 2018 Cyber attacks in the oil and gas sector increased over the past year, according to Mike Spear, industrial cyber security global operations director at Honeywell.

Tech Expert on Challenges of IIoT in Oil and Gas
Friday, October 05, 2018 According to one technology expert, security is just one of several challenges facing oil and gas companies deploying IIoT strategies.

Tech Not Making Oil Qualifications Less Important
Thursday, October 04, 2018 Technology is not making oil and gas qualifications less important, according to Jason Urso, vice president and general manager at Honeywell.

Australia Upstream to See Greater Tech Integration
Wednesday, October 03, 2018 Australia's upstream sector will see greater integration of technology over the coming years, according to a new report from Fitch Solutions Macro Research.

BP and Aker BP Form Technology Alliance
Wednesday, October 03, 2018 The two companies have created a strategic venture to add new technologies to their businesses.

Security, Skills Shortage Among Challenges to IIoT in Oil and Gas
Friday, September 28, 2018 New analysis by Inmarsat reveal some of the biggest challenges keeping oil and gas companies from fully deploying IIoT.

Move Over, Permian. Bakken's Making a Comeback.
Wednesday, September 26, 2018 North Dakota oil production reached a record high in July and the Bakken is primed for growth.

BP Launches Skills Refinery to Improve Student Employability
Friday, September 21, 2018 BP launches the Skills Refinery, a new global online portal that aims to improve students' employability.

Executive Tackles Disruptions in Energy Transition
Friday, September 21, 2018 Oil and gas executives discuss possible disruptions the industry faces during the Houston Energy Breakfast.

Machine Learning to Transform Oil and Gas Industry
Thursday, September 20, 2018 In the age of Big Data, the oil and gas industry is taking cues from technology companies to transform its E&P operations.

KBR, ConocoPhillips to Develop Off-the-Shelf LNG Tech
Tuesday, September 18, 2018 KBR and ConocoPhillips will jointly develop a standardized, mid-scale LNG train for both greenfield and brownfield projects.

New Study Reveals UKCS Could Save $1.9B Annually through Data Analytics
Friday, September 07, 2018 Adopting data analytics and digital technologies for asset maintenance and operations could increase production and lower maintenance costs worth $1.9 billion annually to the UKCS, according to a new study.

5 Reasons Your Wells Are Not Delivered On Time
Friday, September 07, 2018 As the oil and gas market begins to swing up, this article troubleshoots the roadblocks to timely well delivery that industry leaders face.

How to Retrain into Digital Oil, Gas Professions
Thursday, September 06, 2018 Industry experts offer tips for workers looking to retrain into digital oil, gas professions.

Edge Technologies Give Oil, Gas Operators Extra Computing Power
Thursday, August 30, 2018 This oil and gas computing approach de-emphasizes the cloud.

GAIL India's Online Gas Portal To Boost Transparency
Tuesday, August 28, 2018 The launch of an online portal by GAIL would ensure transparency and permit companies to understand the infrastructure further, analysts say.

Exec: Upstream Culture Looking More Downstream
Wednesday, August 15, 2018 Pressure to drive down breakeven cost contributes to upstream culture shift.

3D Printers Poised to Shrink Distance Between Wellsite, Spare Parts
Monday, August 06, 2018 AdditiveNow is developing printing technology to make additive manufacturing more practical and affordable for oil and gas operations.

Stena Getting Offshore Rigs Back to Work with Simulators
Monday, August 06, 2018 The Stena Don semi-submersible. SOURCE: Stena Drilling

OGTC Launches New Technology Program for Oil, Gas
Wednesday, August 01, 2018 The UK's Oil & Gas Technology Centre has launched TechX Ventures.

New Initiative 'Could Help Unlock' Over 3.5B Barrels in UKCS
Friday, July 20, 2018 The OGTC launches an industry-backed initiative, which it says could help unlock more than 3.5 billion barrels of reserves in marginal discoveries on the UK Continental Shelf.

Schlumberger, Baker Hughes Set Sights on 'Healthy' 2H
Friday, July 20, 2018 Schlumberger and Baker Hughes have their sights set in different directions as they move into the second-half of 2018.

Wood Appoints Chief Technology Officer
Tuesday, July 17, 2018 Wood appoints Darren Martin as its chief technology officer, a newly created role within the company.

Companies Can't Put Cart Before Horse When It Comes to Digital Innovation
Monday, July 16, 2018 A new survey finds that oil and gas companies are implementing new technologies, but some lack proper strategy.

Automation in Oil and Gas: An Ally, Not an Enemy
Friday, July 13, 2018 Automation can be a solution to the problem of an ageing workforce.

Roundtable: Digitalization in Oil, Gas
Wednesday, July 04, 2018 Industry experts share insights on digitalization in the energy sector.

Refiners Find Financial Rewards from Digital, But More Value Awaits
Friday, June 15, 2018 An Accenture report finds there is additional value in digital technologies that refiners have not yet taken full advantage of.

BLOG: There's No 'Silver Bullet' With Produced Water
Thursday, June 14, 2018 Mobile tech supplements - but does not replace - water management processes used in waterflood enhanced oil recovery.