How Oil Innovation Has Benefited Other Industries
Technology transfer in the oil business is too often discussed from a lens of bringing in outside innovations. But what happens when innovation escapes the industry’s orbit and finds a new home?
Video—Energy Future: Innovation is Key
What does it take to succeed in the new energy ecosystem? In this short video, experts including Charles McConnell, former US Assistant Secretary of Energy and Preben Strøm, Managing Director Subsea Valley share their views on why innovation and collaboration are critical. Watch it now.
Norwegian Firm Adds Smarts to Offshore Coring
Coring is essential to offshore exploration programs—but sometimes cores are taken from the wrong formation or return to surface in poor condition. One firm thinks it can solve these costly issues with a first-of-a-kind coring device that uses logging instruments that add accuracy and integrity.
Event to Bring Innovators, Entrepreneurs, and Investors Together
A 2-day event in Houston will bring together investors, entrepreneurs, and innovators from the oil and gas industry to discuss trends and pitch ideas.
A More-Holistic Approach to Oilfield Technology Development
a holistic view of technology maturation that addresses both technical and nontechnical risks. The definition of success is expanded to include the establishment of successful, commercially viable, and sustainable solutions that meet end-user needs and requirements.
Key to Oil and Gas Future May Be Adapting Known Ideas Intelligently
Even as the oil and gas industry looks for the next great idea to propel it forward, it should constantly reconsider past innovations for inspiration, the CEO of a major operator said Monday on the opening day of 2017 SPE ATCE.
Statoil and Techstars Launch Global Energy Accelerator Program
Techstars is partnering with Statoil to select the world’s 10 most promising energy innovators and entrepreneurs to participate in the Techstars Energy Accelerator program. Selected companies will be tasked with compressing 2 years of development work into 13 weeks.
What Does It Mean When Your Technology Is an MVP?
For startups in the upstream sector, knowing how to navigate through a technology's Minimum Viable Product stage is critical, but not always straight forward.
How To Plan For Meaningful New Technology Pilot Tests
When technology startups and oil and gas companies finally agree to run a pilot test, there are a few things both sides of the table should know before they move forward.
How Startups and Operators Can Work Together to Accelerate Technology Adoption
You would never hear the manager of an oil company say they are a late adopter of technology but, in reality many are. By better understanding both sides of table, technology developers and oil and gas operators may find they can accelerate adoption cycles beyond the status quo.
Innovation Suffers From Bloated Expectations But With USD 50 Oil It is an Essential Skill
Innovation is required, but it is not a super-power allowing engineers to effortlessly vaporize long-standing challenges.
Industry Transformation Takes Many Forms
Many column inches are filled with discussion of how companies need to operate in the lower-for-longer market that the upstream oil and gas industry continues to face.
ATCE: Future Roles of Humans and Machines
Big ideas for digital intelligence in Oil and Gas are being discussed at ATCE.
ATCE: Service Company Execs Call on Industry To Spend More
Schlumberger and Baker Hughes leaders said increased investments are critical to ensuring technological advancements for the industry.
Deepwater Future Tied to Technology Innovation
For deepwater development, panelists at OTC emphasized the need for scalable technology, the standardization and simplification of projects, patient capital investment in innovation, greater collaboration, and new perspectives coming from outside the industry.
Disruption on the Horizon: OTC d5 Presents Thought-Provoking Visions of the Future
Presentations at OTC's d5 event included discussion about the impact of industry disruption, the need for innovation, learning from technology failures, and how diversity contributes to success.
Subsea Price War Demands Cost-Saving Innovations
Anyone selling something new for offshore exploration and production has to be able to answer a simple question from customers, “How can we save some money?” For Norwegian oil companies, change is coming in many forms: steel, sensors, software, and standards.
Isn’t It Time for Our Own Spielbergian “Idea Summit”?
Industry's finest minds are expected to come together for an idea summit during the upcoming SPE Intelligent Energy International Conference and Exhibition in Aberdeen.
Pressure Test for E&P Innovation
Low prices require doing things differently. It is a hopeful sign for the future for innovators who have been struggling to keep going and have potential customers with little to spend and a lot to worry about.
Transforming the Upstream Service Industry To Increase Operator Margins
The upstream industry is undergoing a transformation. Operators and service providers alike are not just tweaking or fine-tuning, they are completely rethinking the way they work.
A Day’s Worth of Ideas on Change and Changing
Imagine a machine that could make an automaker competitive by speeding product development, help a jet engine maker create unique parts for more efficient turbines, and allow a baker to quickly create a picture-perfect 3D replica of a flower made of sugar.
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09 July 2019