Technology News


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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.

IIoT Tech Seeks to Crack the Knowledge Transfer Code
Tuesday, June 12, 2018 A new wearable technology system is designed to ease the transfer of institutional knowledge from one generation to the next.

Optimizing Brownfields Could Drive Upstream Innovation
Monday, June 11, 2018 Check out Rigzone survey respondents' choices for the Top 10 most innovative oil and gas companies!

OGTC Technology Start-Up Program Begins
Monday, June 04, 2018 The Oil & Gas Technology Centre's TechX Pioneer accelerator program has now begun.

BHGE to Create O&G Centre of Excellence in Scotland
Wednesday, May 30, 2018 BHGE is investing $41 million in its manufacturing footprint in the North East of Scotland.

Blockchain Could Bridge Data Divide Between Oil Producers, Pipeline Firms
Wednesday, May 30, 2018 Firm thinks blockchain tech could cut costs, improve transparency and data quality in maintaining crude oil purity standards.

BLOG: Connectivity Threatens to Hinder IoT in Energy Sector
Thursday, May 24, 2018 While the energy industry pushes forward with newer technologies, there do lie some challenges.

Gas Guzzlers Set to Fade as China Sparks Surge for Electric Cars
Monday, May 21, 2018 By 2040, more than half of all new car sales and a third of the planet's automobile fleet will be electric, according to a report published Monday.

OTC2018: Oil, Gas Automation and Digitalization Trends of the Future
Friday, May 04, 2018 Emerson discusses some of the trends the oil and gas industry is facing in regard to technology.

OTC2018: It's a Digital Transformation. Is the Industry Ready?
Thursday, May 03, 2018 WoodMac's Preston Cody discusses how the E&P industry is faring in the digital transformation.

In US Gulf, Robots, Drones Take On Dangerous Offshore Oil Work
Thursday, May 03, 2018 The energy industry has turned to robots and drones to cut costs and improve safety in some of the world's tougher working environments.

OTC 2018: Wood Sees Its Digital Business Expanding in Future
Tuesday, May 01, 2018 Kieran Kavanagh, vice president of digital solutions at Wood, sees the company's digital business 'expanding' in the future.

Hackers Hit 'Cyber Blind Spot' While US Energy Industry Naps
Monday, April 30, 2018 How much is cyber security worth to the US energy industry? Not a whole lot apparently.