Inform Prize Cegal magazine 2024 events 2024 events Inform prize
Latest news - Digitalisation

ADIPEC 2024 to focus on AI and finance as industries unite to accelerate energy transition

ADIPEC 2024 to focus on AI and finance as industries unite to accelerate energy transition   Held under the patronage of H.H. Sheikh Mohamed Bin Zayed Al Nahyan, President of the UAE, ADIPEC 2024 will take place in Abu Dhabi on 4-7 November Landmark 40th edition will include the inaugural Energyai by ADNOC exhibition,  Energyai Conference, and AI-focused Leadership Roundtables to explore critical relationship between energy and AI Three new conferences to feature new voice...

Oil and gas operators encouraged to adopt AI in light of rising costs

Oil and gas operators encouraged to adopt AI in light of rising costs   Operators of offshore, refinery and pipeline equipment are being encouraged to adopt new AI technology, which can help reduce time and cost in the general inspection of critical plant and equipment, such as valves, shafts, bearings, pipes, and more. The callout comes from Element Materials Technology (Element) and its Digital Engineering division, with unplanned downtime now costing companies up to 11% of their...

Aize and SBM Offshore forge 5-year partnership to enhance digitalisation value across global fleet

Aize and SBM Offshore forge 5-year partnership to enhance digitalisation value across global fleet   Aize and SBM Offshore are pleased to announce a strategic 5-year partnership aimed at integrating Aize software into vessels across SBM Offshore’s global fleet. This collaboration will encompass both the Engineering, Procurement, and Construction (EPC) and Operations and Maintenance (O&M) phases, enhancing efficiency and operational excellence. The implementation plan will...

US Oilfield Firm Halliburton Hit By Cyberattack

US Oilfield Firm Halliburton Hit By Cyberattack Oilfield services firm Halliburton hit by cyberattack, despite previously warning against attacks on critical infrastructure   American oilfield services firm Halliburton has reportedly been struck by a cyberattack, with certain systems impacted. Reuters, citing a person familiar with the matter as its source, reported that Halliburton on Wednesday was apparently aware of an issue affecting certain systems at the company and was wo...

North Star invests £5million in digital transformation

North Star invests £5million in digital transformation   North Star, the UK’s leading offshore infrastructure support vessel operator and service provider, has invested more than £5million in new business support software systems to drive operational and sustainability efficiencies across its operations, whilst also boosting its seafarers’ wellbeing. Its new digital solutions include a multi-million-pound investment in the ShipSure software platform, the ind...

NZTC launches call for rigless plug and abandonment technology

NZTC launches call for rigless plug and abandonment technology   Successful applicants will have the potential to receive support in the development, trialling and testing of technologies enabling rigless plug and abandonment Opportunity to become part of a multi-operator well decommissioning consortium Applications closing 31 May 2024 The Net Zero Technology Centre (NZTC) has launched a call to find innovations enabling rigless plug and abandonment, in partnership...

Imrandd launches AI-powered asset integrity solution following £1million investment

Imrandd launches AI-powered asset integrity solution following £1million investment Trailblazing ALERT software set to keep operators one-step ahead on asset health and performance –   Industrial data and engineering consultancy Imrandd has developed a revolutionary asset management solution which harnesses artificial intelligence (AI) to reduce inspection time and costs for offshore operators. Following a £1million investment, the company’s propriety mon...

Wood recognised as a leader in digital solutions

Wood recognised as a leader in digital solutions   Leading independent research and advisory firm, Verdantix, has named Wood a leader in digital for its asset management technology implementation services.   A shortlist of 10 companies were evaluated in Verdantix’s 2024 Green Quadrant report, with Wood awarded the highest overall scores for its innovative approach to asset management technology in the energy sector.   This accolade was driven by the proven tangib...

Oceaneering and GDi to collaborate on Digital Asset Management Solutions

Oceaneering and GDi to collaborate on Digital Asset Management Solutions   March 20, 2024 – Houston, Texas – Oceaneering International, Inc. announces today that its Integrity Management and Digital Solutions group has signed a strategic collaboration agreement with Aberdeen headquartered technology and engineering services provider Global Design Innovation, Ltd. (GDi) to deliver innovative digital asset management solutions for asset-intensive industries such as oil and g...

Navigate beyond insights to decipher your diversification destiny

Navigate beyond insights to decipher your diversification destiny   Looking beyond the data for solid strategic direction Crafting a strategy without insights and foresight is like driving without a map or GPS to somewhere you’ve never been; you're essentially traveling blind, vulnerable to unexpected obstacles or detours. Just as GPS provides real-time updates and the best routes, incorporating insights equips you with clarity and foresight to anticipate what’s on...

ADNOC generates US$500 million through deploying AI solutions

ADNOC generates US$500 million through deploying AI solutions   ADNOC has announced that it has generated US$500 million (AED1.84 billion) in value by deploying artificial intelligence (AI) solutions in 2023. The value was generated from the integration of over 30 industry-leading AI tools across ADNOC’s full value chain, from field operations to smarter and quicker corporate decision making. Together, these applications also abated up to 1 million t of CO2 emissions between...

FLIR Introduces CM276™ Professional Clamp Meter and Thermal Imaging Camera for Electrical System Test and Measurement

FLIR Introduces CM276™ Professional Clamp Meter and Thermal Imaging Camera for Electrical System Test and Measurement   More Than Just a Clamp Meter, the New FLIR CM276 Features MSX® Dual Visible-Infrared Imaging, LED Worklight, and On-Board Storage for Better Situational Awareness and Data Management. February 27, 2024 - FLIR, a Teledyne Technologies company, today released the FLIR CM276 professional clamp meter with infrared imaging, a visual camera, and solar photovol...

Xergy Secures Additional Investment To Boost Proteus Project Management Software Expansion

Xergy Secures Additional Investment To Boost Proteus Project Management Software Expansion   Technology company, Xergy, has raised £3.1 million in additional investment as the company builds on the growing success of its Proteus project management software.   The latest investment round was heavily oversubscribed and was supported by both its existing investment base and a number of new strategic investors. Xergy has raised more than £10.2million from its inception...

Wintershall Dea installs unmanned platform for Fenix gas project offshore Argentina

Wintershall Dea installs unmanned platform for Fenix gas project offshore Argentina   Wintershall Dea has announced the installation of a new unmanned production platform for the Fenix gas project, which is being developed offshore Argentina with an investment of about $706m. The Fenix platform is located nearly 60km off the Tierra del Fuego coast, in water depth of 70m. It has been engineered to be operated remotely from shore, thereby removing the necessity for a permanent crew....

North Sea remains a vibrant hotbed of technology innovation

North Sea remains a vibrant hotbed of technology innovation       Net zero solutions and digital applications drive growth     1,200 innovative equipment and services reported as sector seeks        continuing offshore growth with cost-effective solutions     Focus on new technology to support security of supply, net zero and the energy transition The triple targets of supporting production, reducin...

FutureOn and Rystad Energy Launch Revolutionary Cost Estimation Tool for Energy Industry

FutureOn and Rystad Energy Launch Revolutionary Cost Estimation Tool for Energy Industry   FutureOn, the global energy software company, and Rystad Energy, a pioneer in energy cost estimation, have launched a collaborative digital tool which integrates up-to-date cost estimation with live project data for energy developments. This enables accelerated project delivery and efficiency for customers across the energy supply chain. FutureOn’s FieldTwin and Rystad Energy’s Co...

Fishbones and Aker BP launch project to extend reservoir reach by 50%

Fishbones and Aker BP launch project to extend reservoir reach by 50%   Fishbones, the leading provider of alternative reservoir stimulation technology, has commenced an industry technology development project with major Norwegian operator Aker BP – bolstered by a NOK 1.25 million grant from The Research Council of Norway.  The project will focus on the development of extended reach needles; small diameter laterals that penetrate the reservoir to increase hydrocarbon re...

FutureOn provides digital twin software for critical NZTC project

FutureOn provides digital twin software for critical NZTC project   FutureOn, a leader in digital twin software solutions, will provide access to its revolutionary FieldTwin platform to support researchers aiming to deliver the world’s first Smart Energy Basin as part of Net Zero Technology Centre’s (NZTC) Data 4 Net Zero (D4NZ) project. The company will donate licenses for its industry-leading platform so those involved in the project can start to develop and combine d...

New prize opens for UK’s brightest minds to lead new AI innovations in energy, the environment and infrastructure

New prize opens for UK’s brightest minds to lead new AI innovations in energy, the environment and infrastructure   Entries open for landmark £1 million Manchester Prize, for pioneering AI innovations tackling some of society’s biggest challenges. Principal areas of focus for the inaugural prize centre on energy, the environment and infrastructure, coming as global climate conference COP28 continues in the UAE.   The Manchester Prize is set to put brillia...

DNV launches new recommended practices for safe application of industrial AI

DNV launches new recommended practices for safe application of industrial AI   DNV, the risk management and assurance company, has published a suite of recommended practices (RPs) that will enable companies operating critical devices, assets, and infrastructure to safely apply artificial intelligence (AI). High-quality AI systems require strong building blocks, that is, data, sensors, algorithms, and digital twins. The nine new or updated RPs cover each of these digital building block...
OGV
Wellpro
Cegal
Westerton Access
Stena