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The use of data-intensive decision making and smart risk-management solutions has resulted in the improvement of the ethical foundations underlying the industry. These digital tools and machine-based cognitive processes for risk-avoidance have also helped restore the public’s trust in the industry.
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Remote condition monitoring of offshore platform equipment tracks performance data, watching for deviations from baseline benchmarks. Unexpected variances can be investigated and serviced by technicians dispatched to target the root causes—an approach called condition-based maintenance.
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Digitalization in operating, maintaining, and upgrading subsea plants to reduce cost includes making information available to the control-room operator, reducing alarms, tuning the control system for optimal performance, condition monitoring, and condition-based maintenance.
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FieldCare from Endress + Hauser is a universal software program for configuring field devices in a facility that provides a range of functionality from device parameterization to engineered condition monitoring. It operates third-party gateways, actuators, remote I/O systems, and sensors supporting the FDT standard. It is also supplied with a complete library of certi…
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Siemens’ Revive oily water membrane systems replace filtration and flotation with a single step, eliminating the need for polymers and allowing for better oil recovery. The systems can achieve oil and grease and total suspended solids levels of less than 1 mb/L, and a silt density index of less than 3. They can also handle high temperature applications, and they can b…
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Cyberattacks are often seen as an IT issue, but the intelligence gained during the development of an effective cybersecurity protocol may serve a broader role as a business driver for energy. What should companies look for in assessing threats?
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As part of a 2-year deal, the Kreuz Glorious will help with the inspection of offshore jackets in the Arabian Sea. Kreuz will also provide personnel for project management and offshore construction.
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BHGE is developing an analytics and machine-learning approach that offers descriptive and predictive insights on frac hits, with the aim of eventually offering a real-time monitoring capability to be deployed during frac jobs.
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With big shale mergers dominating the headlines, some of the industry’s most influential financial players gathered to discuss what’s driving the shift in operational and fiscal priorities.
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The rebrand follows the completion of BP’s $10.5-billion purchase of BHP’s assets in the Permian, Eagle Ford, and Haynesville.
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The UK’s offshore oil and gas industry continued to see improvement across a broad range of health and safety indicators last year, according to a key insight published by Oil & Gas UK.
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Colorado's Proposition 112 would increase the minimum distance required between new oil and gas wells and homes, schools, and other designated areas to 2,500 ft—more than twice the current required distance — in an effort to protect public health.
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