A year and a half ago, The Economist ran an article entitled “The world’s most valuable resource is no longer oil, but data”.
The North Sea could be used as a testing ground for new innovations to be exported around the world, according to BP’s technology boss.
“Houston, please be informed there is a Santa Claus.”
Studies continually publish findings on the “value add” that immersive technologies are delivering in everything from decision making to cost reduction and increasing productivity and, while momentum continues to build across industry sectors, oil and gas is playing catch up.
Scottish Energy Minister Paul Wheelhouse said today that innovation remained "crucial" to securing the North Sea's future during a trip to Aberdeen.
Like everyone in Aberdeen, and probably the wider industry, I’ve awaited Offshore Europe 2017 with a certain level of trepidation that it will struggle to live up to previous years – particularly given cutbacks by many companies and the fact that many more are no longer in existence.
Administration and a near-£2million disposal of its most valuable asset, Return to Scene (R2S), have brought the curtain down on north-east company SeaEnergy.
The founder of SeaEnergy, Steve Remp, said the group’s demise was a “sad day” for everyone who has been involved with it over the years.
Aberdeenshire-based SeaEnergy has been placed in administration as marine engineering services specialist James Fisher & Sons acquired the firm's Return to Scene (R2S) business.
Troubled north-east energy service firm SeaEnergy can keep going at least another few weeks after striking a deal with a preferred bidder for its Return to Scene (R2S) subsidiary.
SeaEnergy today confirmed it had entered into an agreement with a preferred bidder for its Return to Scene Business (R2S) in a bid to pay off its debts.
Offshore energy services company SeaEnergy has suspended trading in its shares while it takes advice from insolvency practitioners after it revealed it will not be able to complete a sale of its Return to Scene business.
A technology usually used to capture images on board oil platforms and crime scenes has been put to use to help north-east Scotland charity Clan Cancer Support.
The Aberdeen company at the forefront of creating visual mapping of oil and gas installations has been likened to a creating version Google's Street View for oil rigs.