DSDE: In the Industry

In an increasingly data-dependent sector, oil and gas companies need to scale up their use of technology across the enterprise rapidly. Success will involve reframing the CIO’s role in driving not only digital transformation but also business outcomes.

Blockchain has moved past its status as a niche technology and now is being looked at as one that can transform many traditional industries by bringing digital automation, security, and potentially large cost savings. Shareholders have been pushing oil and gas businesses to cut expenses while increasing earnings, putting them under pressure. Blockchain can help the oi…

The collaboration will combine Lytt’s fiber-optic data analytics and cloud-based software with Baker Hughes’ completions and well intervention hardware.

Hiber, an industrial Internet-of-Things startup, announced that it has signed an agreement with Shell to provide well-integrity monitoring solutions globally.

A group of oil and gas executives and bitcoin miners mingled in a warehouse in Houston recently. One big topic of discussion: using stranded natural gas to power bitcoin mining rigs, which both reduces greenhouse-gas emissions and makes money for the gas providers, as well as the miners.

The UK’s Oil and Gas Authority has released 50 years of data from the North Sea in an effort to boost exploration and production and locate potential sites for carbon storage.

Fiber-optic technology company Silixa announced the installation, validation, and borehole seismic acquisition from a permanently installed fiber-optic distributed acoustic sensing system on BP’s Atlantis Phase 3 subsea field development.

ExpressFiber is a single-use system that uses disposable-fiber technology.

Halliburton supplies the sensing and analytics technology, and TechnipFMC provides the necessary connections. The combination, which won a Spotlight on New Technology Award, will be used by ExxonMobil in Guyana.

The first unmanned marine systems certificate has been awarded to SEA-KIT International by Lloyd’s Register, representing an important milestone for the maritime industry.