Statoil’s Vision of the Subsea Factory
One of the leading trends in automation for upstream oil and gas is the migration of production operations to the sea floor. As offshore oil production moves into harsher environments and more remote...
View ArticleMDIS Selects OPC UA as Protocol Standard for MCS/DCS Communications
Integration of topsides automation systems with subsea control systems is a pain point for many users in the offshore oil and gas business. With more production assets being deployed to the sea floor,...
View ArticleABB Wins Order for FPSO in North Sea
ABB has won an order to provide both power and automation technologies for an FPSO destined to the Kraken oil field, which happens to be the largest subsea oilfield project in the North Sea. From the...
View ArticleGE Boosts Well Intervention Capabilities with Advantec Acquisition
Received from ARC Oil & Gas Analyst Tim Shea today. GE makes another acquisition. GE Oil & Gas has agreed to acquire Norway’s Advantec, a provider of subsea intervention equipment and...
View ArticleABB and Aker Solutions Join Forces to Propel and Power Subsea Production, But...
ARC has written before about how partnerships (or mergers) can have solid benefits and offer real business value if the transaction is designed with asking the question “what will the impact be of this...
View ArticleImpact of Falling Oil Prices: FMC and Technip Merge in $13 Billion Deal, But...
ARC had been blogging ever since the summer of 2014 about how the impact of low oil prices would likely increase the level of M&A activity as well as the possible number of companies going...
View ArticleLeak Detection Systems market buffeted from brunt of oil price declines as...
Oil & gas companies large and small have all been adversely impacted by the rapid and precipitous decline in oil prices over the last 19 plus months but the market for leak detection systems (LDS)...
View ArticleCompanies Partnering to Provide Integrated Solutions for FPSO Vessels, Owner...
Recently GE Oil & Gas and National Oilwell Varco (NOV) announced a partnership designed to help operators deal with the high cost of deepwater and subsea projects that have plagued the industry for...
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