Oil & Gas News

It exists in abundance on Earth and has even been found on other planets, including Mars, but this major force of life – methane – can also harm the environment when not contained appropriately.

The registration for Offshore Energy Exhibition & Conference 2021 is now live! The event, to be held on October 26 - 27 in Amsterdam RAI, the Netherlands, will attract thousands of offshore professionals and hundreds of exhibiting companies.

4Subsea has been awarded a three-year service agreement with Vår Energi to monitor and analyze wellhead integrity to ensure safe operations for the Balder Future drilling and completion operations. The SWIM™ service employs retrofittable subsea sensors to measure movement and strain on the wellhead. It applies advanced algorithms and machine learning combined with deep domain expertise to monitor fatigue damage accumulation, well support and structural integrity.

The prevailing industry downturn from COVID-19 has heightened the need for oil and gas companies to reduce operational costs by improving efficiency. Although classical computers are capable enough in delivering efficiency gains, quantum computers and their optimization algorithms could deliver these gains in a much shorter time, says GlobalData, a leading data and analytics company.

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