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.)

AMAZON WIND FARM OPERATIONAL IN NORTH CAROLINA

March 18, 2017

Spanning farm fields in Pasquotank and Perquimans counties, the Amazon Wind Farm US East, powered by Avangrid Renewables at Desert Wind, is now the first...

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STATOIL NJORD CONTRACT AWARDED TO KVAERNER

March 17, 2017

Statoil, on behalf of the partners in the Njord licence, today awards an EPC contract to Kværner for the upgrade of the Njord A platform in the Norwegian...

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PETREL ENERGY PREPARES FOR DRILLING CAMPAIGN IN URUGUAY

March 17, 2017

Petrel Energy announced that the final fitout and inspections of the new rig in Colorado and trucking of the rig and considerable ancillary equipment to...

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NORSEPOWER FLETTNER ROTOR SAILS TO BE TESTED ON MAERSK TANKER

March 17, 2017

Norsepower Oy Ltd. a Finnish clean technology and engineering company, in partnership with Maersk Tankers, The Energy Technologies Institute (ETI), and...

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SECOND SHAH DENIZ STAGE 2 PLATFORM JACKET SAIL AWAY

March 17, 2017

The Shah Deniz consortium is pleased to announce the sail away of the second jacket for the Shah Deniz Stage 2 platforms. The Quarters and Utilities (QU)...

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WARTSILA SIGNS MAINTENANCE AGREEMENT WITH SONGA OFFSHORE

March 17, 2017

The technology group Wärtsilä has signed a five-year technical management and services agreement with Songa Offshore for four Cat-D type semi-submersible...

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CGG COMPLETES PROCESSING OF CARABAO STUDY IN THE PHILIPPINES

March 16, 2017

CGG announced that the final geoscience data for its Carabao multi-client study, acquired offshore the Philippines, are now ready for delivery. The study...

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MARATHON OIL BUYS PERMIAN BASIN LAND FOR $1.1 BILLION

March 16, 2017

Marathon Oil has signed an agreement to sell its Canadian subsidiary, which includes the Company's 20 percent non-operated interest in the Athabasca Oil...

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GUSTOMSC INTRODUCES NG-5500X-LD SELF-PROPELLED JACKUP DESIGN

March 16, 2017

The NG-5500X-LD is the latest design in GustoMSC successful series of self-propelled jack-up designs, the NG series. Based on the proven and seasoned NG-2500X...

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NASS&WIND AND IFREMER TO COLLABORATE IN THE ROTOR PROJECT

March 16, 2017

Nass&Wind Industrie and Ifremer are collaborating in the ROTOR project, an innovative model to test offshore floating wind concepts during tank test...

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CONGO: MOHO NORD DEEP OFFSHORE PROJECT ON STREAM

March 15, 2017

Total has started up production from the Moho Nord deep offshore project, located 75 kilometers offshore Pointe-Noire in the Republic of the Congo. Operated...

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BAKER HUGHES UNVEILS TerrAdapt – FIRST ADAPTATIVE DRILL BIT

March 15, 2017

Baker Hughes announced the commercial release of its TerrAdapt adaptive drill bit, which can deliver dramatic improvements in drilling economics by using...

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