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NOV launches GoConnect condition monitoring services

NOV launches GoConnect condition monitoring services

National Oilwell Varco, Inc. has announced the commercial launch of GoConnect condition monitoring services for intervention and stimulation equipment, which provides real-time process monitoring, predictive analytics, and condition-based maintenance capabilities for NOV's pressure pumping, coiled tubing, nitrogen, and wireline equipment. The GoConnect system uses machine learning to provide data-driven insights into the condition, health, and performance of customers' equipment and operations. The GoConnect system's capabilities allow customers to reduce downtime-related costs, enhance equipment performance, and improve operational efficiencies of completion services.

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Asset Management

Weir introduces second generation of RFID fleet maintenance solution

Weir Oil & Gas, an upstream provider of pressure pumping and pressure control equipment and services, introduced its second-generation SPM Radio Frequency Identification (RFID) technology and RFID Mobile App at OTC 2018. The new RFID enhancements enable flawless iron fleet maintenance in the field, even in the most remote locations plagued with low Internet or cellular connections.

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Asset Management

Analytics-driven energy management aids in carbon footprint reduction

The discussion about climate change has been taking place for many years and is still a hot topic, now more than ever before. This debate has led to global initiatives to reduce carbon footprints, which is high on the agenda of almost every country's government. Regulations on a global, regional and local scale have been established to reduce greenhouse gas emissions, which heavily impacts the oil & gas industry. To achieve those goals and prove regulatory compliance, the industry is rapidly adopting the ISO 50001 standard to improve the organization's energy performance and make climate part of their corporate strategy.

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Industry News

Shell gives Jacobs five year renewal on Scotford maintenance contract

Shell gives Jacobs five year renewal on Scotford maintenance contract

Jacobs Engineering Group Inc. has received a five-year contract renewal from Shell Canada Limited to provide mechanical maintenance and turnaround services on the company's Scotford site located in Fort Saskatchewan, Alberta, Canada. Employing approximately 300 full-time personnel on the site, Jacobs will continue to provide mechanical maintenance and turnaround services for the full facility.

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Drilling & Production
Asset Management

ExxonMobil, Magnabond agree on development targeted at cementing, decommissioning and more

ExxonMobil, Magnabond agree on development targeted at cementing, decommissioning and more

ExxonMobil Upstream Research Company announced that it has signed a three-year joint development agreement with MagnaBond, LLC to develop new technologies that could enhance cost-effective evaluation of well cementing, casing and tubing. The agreement was facilitated by the Industry Technology Facilitator as part of its initiative to address challenges associated with well decommissioning activities such as plugging and abandonment.

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Asset Management

NACE releases new corrosion management platform

NACE releases new corrosion management platform

NACE International Institute is proud to announce the release of its innovative IMPACT PLUS corrosion management product - the world's first platform to benchmark practices and improve corrosion management. This one-of-a-kind platform is designed to advance corrosion management performance across all industry sectors, from pipelines and bridges to maritime and defense systems, and beyond. Built as a tool for management professionals, the program balances technical and business solutions by utilizing process classification frameworks, maturity models and benchmarking expertise. 

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