Petrofac Signs Contract for Halliburton DecisionSpace 365
Halliburton Co. has signed a contract with Petrofac to adopt Digital Well Program, a DecisionSpace 365 cloud application to automate drilling, completions, and engineering processes, the company said on July 15.
Neptune Energy Digitizes Wells with Gaming Tech to Enhance Production, Cut Costs
The new digital twins of Neptune’s wells were developed in collaboration with InformatiQ, a leading oil and gas data visualization specialist that combines infrastructure, wells and geology data to create detailed 3D models.
Aker BP Implements Digital Twin Solution from Halliburton
Halliburton Co. is expanding its digital collaboration with Norwegian E&P Aker BP by deploying digital twins to automate work processes and accelerate decision-making, the company said on July 13.
Liberty Completes digiFrac Electric Frac Pump Field Test in Permian Basin
Liberty Oilfield Services Inc. has successfully completed the rigorous field testing of Liberty’s digiFrac electric pump, the company said on July 7.
Reveal Energy Inks Deal to Commercialize Hydraulic Fracture Pressure Diagnostics
Reveal Energy Services has entered into a technology licensing and development agreement on July 6 to commercialize ConocoPhillips’ patented poroelastic response measurement (PRM) technology.
Exxon Mobil to Deploy Kongsberg Digital Twin Software
Initial efforts will be focused on a new asset in Exxon’s Guyana portfolio.
Schlumberger, IBM Launch Hybrid Cloud Enterprise Data Management Solution
First hybrid cloud solution for the OSDU Data Platform—the industry standard for energy data—is ready for customer deployment.
Beyond Oil Launches Blockchain Platform Driving Eco-Friendly Oil Production
The blockchain powered platform Solar Oil Project recycles abandoned wells to produce oil while eliminating a trillion dollar ecological nightmare, the company said on June 28.
Kuwait Oil Company Selects Halliburton for Digital Transformation Projects
Projects expand collaboration across all Kuwait fields to increase production and recovery.
Neptune Energy Completes Virtual Reality Pilot on North Sea’s Gjøa Platform
The technology, developed by PaleBlue and used to train astronauts travelling to the International Space Station, will reduce the need for offshore travel, lower costs and associated emissions and support safe operations.