Despite the age of big data, 71 per cent of organisations still rely on a single data source to analyse asset performance and risk management – instead of drawing information from multiple sources for a more comprehensive view, according to a report published by construction engineering company Lloyd’s Register at Gastech

Emerson, an engineering and technology company, has announced that its entire Exploration and Production (E&P) software suite is now available on the cloud

Classification body DNV GL has released its Sesam Insight application, which provides shared 3D models to all stakeholders and removes costly barriers in offshore engineering

DNV GL proposes a “probabilistic digital twin” (PDT) to close the gap between digital twins – increasingly used by operators to manage the performance of their assets – and a risk analysis still largely conducted manually before assets enter service

Engineering company Aker Solutions has launched its Intelligent Subsea offering designed to accelerate field development and maximise performance