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Pipelines

UAV provider targeting pipeline monitoring market

Developed to inspect pipelines for damage, as well as for mapping and security surveillance, SkyX’s SkyOne drones offer Vertical Take-Off and Landing (VTOL) capabilities, as well as autonomous flight and recharging. SkyOne can travel at 150km per hour for 70 minutes and can detect leaks, vandalism, vegetation encroachment – and more. Founded by Didi Horn, a former Captain in the Israeli Air Force and a Drone Pilot, SkyX is targeting its Unmanned Aerial Vehicles - or drones - to service the oil and gas industry.

The oil and gas sector currently relies heavily on road vehicles and manned aircraft (i.e helicopters) to detect any damage or threat. Both methods are more expensive, and less efficient than the SkyX solution. SkyOne allows for 24/7, unlimited data collection, provided in real-time and offers a far wider scope of information for the user. 

Offered on a service-leasing model, SkyOne allows oil & gas companies to access custom data and information without being burdened by any possible maintenance. The company is able to control either an individual UAV or an entire fleet and can monitor events through real-time video.
 
Perhaps most ground-breaking is the fact that the SkyOne is able to recharge itself in the field. Through proprietary technology, the drone doesn’t need to return to home base to recharge. Instead, it flies to the nearest available xStation, where it recharges in a weather-shielded dome before continuing its mission.

Pipeline leaks are a massive global concern. Statistics suggest that globally, the market spends $37bn a year just in monitoring. With one patent filed in North America and a couple more on the way, and more than 10,000,000km of oil & gas pipelines worldwide, the market and growth potential is huge. 

Didi Horn, SkyX Founder and CEO, said: “We have built not only a fantastic, game-changing product for the oil & gas industry, but have also built a fantastic team of experts ready to get it out there. The market is, obviously, of huge global importance. We know that our technology can significantly cut costs and improve efficiency – helping the sector as a whole, along with each and every customer. Our unique solution, which combines both VTOL flight and autonomous remote charging puts us well ahead of the competition. As a result, we are en route for significant expansion, offering an unprecedented opportunity for a strategic investment partner to help us conquer and secure significant market share in an ever-growing industry.”

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Fluor Awarded Contract for Marathon Petroleum’s STAR Program at Galveston Bay Refinery

Fluor Corporation has announced that it was selected by a division of Marathon Petroleum Corporation (MPC) to execute the engineering and procurement scope for MPC's South Texas Asset Repositioning (STAR) program at its Galveston Bay refinery in Texas City, Texas. Fluor booked the undisclosed contract value into backlog in the first quarter of 2018. 

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Drilling & Production
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Landmark launches DecisionSpace software to improve production potential

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Canada may supply a third of U.S. Gulf Coast heavy oil by 2020: IHS Markit

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Pipelines

Cat updates PL61 pipelayer with added safety and performance

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Pipelines

Ottawa must put its foot down on Trans Mountain: MEI

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Software & IT

Quorum Software to acquire Entero

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