NOBLE TO PARTNER WITH GE ON THE DIGITAL RIG SOLUTION

Noble Corporation and GE jointly announced a partnership to collaborate on an advanced data analytics system for offshore drilling rigs known as the Digital Rig solution. The Digital Rig solution aims to significantly improve the operational productivity of Noble's drilling rigs. By utilizing data analytics to make asset management more efficient, the Digital Rig solution will allow Noble to better manage the asset lifecycle and provide a more productive drilling operation for customers. The agreement calls for GE to initially deploy its latest digital asset performance management system on four Noble drilling rigs as part of a fleet pilot program. The expected efficiencies captured through the implementation of the Digital Rig solution target a 20 percent reduction in repair and maintenance expenditures across the pilot rigs. The 'data-driven drilling' model created by combining Noble's operational knowledge with GE's advanced data analytics system will have a transformative impact on the entire drilling ecosystem, including: • Enhanced Drilling Process Efficiency – Foresight of asset anomalies and drilling process deviations to reduce operational disruptions and enhance performance consistency. • Shift to Predictive Asset Management – Redefinition of maintenance strategies, with a focus on predictive asset management to achieve long-term, sustainable operational expenditure reductions across the fleet. • Reduction of Third-party Service Costs – Anytime, anywhere rig visibility and insights that leverage the one-to-many impact of shore-based experts to reduce third-party service costs. In addition, the Digital Rig solution will provide real-time asset data to onshore experts around the globe. These experts will be able to actively monitor aspects of the drilling process and will have foresight and visibility into the condition of the assets. By allowing onshore experts to remotely diagnose and advise offshore personnel of issues before they occur, there is a potential to reduce third-party service costs. (Source: Noble Corp.)

WEATHERFORD AND SCHLUMBERGER TO CREATE ONESTIM

March 28, 2017

Weatherford and Schlumberger today announced an agreement to create OneStim, a joint venture to deliver completions products and services for the development...

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MAERSK GALLANT TO DRILL GLENGORM HPHT WELL IN UK NORTH SEA

March 28, 2017

Maersk Drilling has been awarded a contract for the harsh environment jack-up rig Mærsk Gallant, following a competitive tendering exercise by Nexen Petroleum...

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FLYNDRE FIELD PRODUCES FIRST OIL

March 28, 2017

Production has begun from the Maersk Oil-operated Flyndre field in the UK and Norwegian North Sea. First oil began to flow at 20:00 hrs on Sunday 26 March,...

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TechnipFMC AWARDED KAIKIAS SUBSEA INTEGRATED PROJECT IN THE GULF OF MEXICO

March 27, 2017

TechnipFMC has been awarded a contract by Shell Offshore, a subsidiary of Royal Dutch Shell, for the delivery, integration, and installation of the subsea...

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BP REPORTS 3rd DISCOVERY IN NORTH DALMIETTA, EGYPT

March 27, 2017

British Petroleum announced a new natural gas discovery in the North Dalmietta in the East Nile Delta of Egypt. This is the third find in that sector for...

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KOSMOS ENERGY BEGINS 2nd PHASE OF MAURITANIA AND SENEGAL DRILLING CAMPAIGN

March 27, 2017

Kosmos Energy announced today that it has begun the second phase of its multi-well exploration drilling program offshore Mauritania and Senegal. The Atwood...

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SAIPEM AND SIEMENS TO REALIZE SAIPEM SUBSEA BUS

March 27, 2017

Siemens, a world leader in electrification and digitalization, will, through its Subsea entity, support Saipem in realizing the Saipem Subsea Bus architecture,...

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STATOIL AWARDED 6 UK LICENSES

March 27, 2017

Statoil was awarded six UK licenses, five as operator and one as partner, in the 29th Offshore Licensing Round, announced by the Oil and Gas Authority...

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GOLDEN EAGLES AND DRONES IN THE SKY OF MONT-DE-MARSAN AFB, FRANCE

March 26, 2017

Faced with the increasing threat of malicious or poorly controlled drones, the French army is exploring all defense options. Police in the Netherlands...

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50 YEARS AGO – THE TORREY CANYON HITS THE SEVEN STONE REEF

March 26, 2017

March 1967, the oil tanker Torrey Canyon, loaded with 120,000 tons of crude oil runs aground on Pollard's Rock, between the extreme southwest corner of...

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SHELL TURNS A PAGE OF HISTORY IN GABON

March 25, 2017

Royal Dutch Shell through its affiliates, has reached an agreement with Assala Energy Holdings a portfolio company of The Carlyle Group, to sell 100 percent...

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INDONESIA: SARULLA GEOTHERMAL PROJECT COMMERCIAL

March 25, 2017

Inpex Corporation announced that through its wholly owned subsidiary Inpex Geothermal Sarulla, it commenced commercial operations of the first unit of...

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