Service Companies & Manufactures

TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, today announced achievement of five milestones accelerating the company’s growth strategy. The achievements include new technologies in key basins; strengthening position in the South Atlantic; further growth onshore; enhancing imaging and efficiencies; and expanding the value …

Tieto, the leading Nordic ICT Service and Software company, and KADME, a Norwegian-based highly specialised Exploration and Production (E&P) data management company, have entered into an agreement to cooperate in the international oil and gas market focusing on the growing market for National Data Repositories (NDR). The companies’ complementary capabilities …

Baker Hughes, a GE company and C3.ai today announced the launch of BHC3 Reliability™, the first artificial intelligence (AI) software application developed by the BakerHughesC3.ai joint venture. Unveiled at BHGE’s annual digital conference, UNIFY2019, the now generally available application uses deep learning predictive models, natural language processing, and machine vision to continuously aggregate …

Simulator training is known to be the most effective way to prepare people for the workplace – now leading simulator developer, Drilling Systems, has introduced a new financing option to make simulator technology more affordable for the oil and gas sector. Drilling Systems, which is part of the 3T Energy …

Scattered data and analysis models lead to inefficiency in data exchanges between asset owners, operators and contractors. With the release of DNV GL’s Sesam Insight application, which provides shared 3D models among all stakeholders, costly barriers in offshore engineering are removed. Collaboration in offshore engineering When analysis models and data are stored in …

The operating company will be deploying PTC’s patented NexLift SIB mandrels, the only non-welded barrier mandrels in the industry, alongside PTC’s patented SafeLift gas lift valves. PTC will be supplying equipment and services to the Senegal development via one of the major oil and gas service companies. source

To respond to the industry’s demand for more accurate wellbore placement, Gyrodata launched a new gyro-while-drilling (GWD) tool, QuestTM GWD. This ground-breaking technology enables operators to mitigate the costly risk of a collision throughout complex drilling projects. This is achieved by delivering high-quality, accurate measurements that help operators avoid drilling into …

TGS announced today that it has purchased all the outstanding shares and completed the acquisition of Lasser, Inc., a Fort Worth-based company which provides historical and monthly oil and gas production data. Lasser owns, maintains and licenses a nationwide U.S. well production database. The data will be added to TGS’ …

DNV GL proposes the “Probabilistic Digital Twin” (PDT) to close the gap between digital twins – used increasingly by operators to manage the performance of their assets – and risk analysis still largely conducted manually before assets enter service. A digital twin is a digital “mirror” of a physical asset, …

Schlumberger today introduced the TerraSphere* high-definition dual-imaging-while-drilling service at SPE Offshore Europe Conference and Exhibition. The new service provides the industry’s first application of a logging-while-drilling dual-physics imager for oil-based mud for drilling oil and gas wells. It incorporates electromagnetic (EM) and ultrasonic measurements that enable multiple high-resolution borehole images …