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Lloyd’s Register launches new virtual reality safety simulator and gaming technology

Lloyd’s Register (LR), a leading global provider of engineering and technology-centric professional services, has launched its Virtual Reality (VR) Safety Simulator to help further support training and knowledge transfer in the energy industry. Through the application of the latest innovation and technology advancements, LR has built a virtual environment to help illustrate the need for a continued focus on safety and risk assessments in the industry...

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Xvision Software launches first cloud-based technology to digitize offshore field development

Xvision Software has launched FieldAP, the first 100% cloud-based technology for the energy industry providing offshore project managers with an online tool for visual field development, digital planning and cost containment. The online tool is capable of accelerating project timelines by up to 80%, especially during the early concept and FEED phases. These time savings can drive cost savings as high as 70% across the life of the project. FieldAP uniquely brings all offshore field development project data – assets and activities, both subsea and topside – into plain sight through easy-to-understand online 2D/3D visualizations. The tool’s digital working environment also provides the power of real-time multi-location collaboration, allowing users a lower risk of communications errors, reduced costs in the ...

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US rig count continues to climb

The US total rig count grew by 13 from one week ago, with oil rigs increasing by nine and gas rigs by four. This marks the fifteenth straight build for oil rigs, with a 175-rig increase since 13 January. The total rig count now stands at 870. Last year, the US total rig count stood at a mere 420.

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