Category

Events

Upcoming Webinar – The future of oil and gas is in the digital revolution: are you prepared?

By | Events, News

Join us for a webinar featuring FutureOn’s offshore digital twin solutions that run on Aegex intrinsically safe tablets and use data from Aegex IoT sensor modules to provide real-time visualization of offshore and maritime assets to help improve efficiency.

REGISTER NOW

During this webinar you will:

  • Learn why real-time operational awareness is so critical in maritime/offshore operations
  • Hear from industry professionals at FutureOn and Aegex on how their solutions are being widely adopted across the industry
  • Discover ways your company can leverage the digital revolution
  • Increase your familiarity with industry key phrases that every digital oil and gas firm should know

Join us next week, May 22nd at 11am EDT to learn more

Our CTO presented at OTC on leveraging Big Data in System Design

By | Events

FutureOn’s CTO – Olav Sylthe presented at the OTC 2018 conference in Houston as part of the “Leveraging Big Data in System Design” session. He addressed the current state of disruptive digitization technology efforts and impact on offshore operations from our OTC paper on the topic. You can download the paper authored by Olav Sylthe and Thorton Brewer by clicking the link below.

OTC 2018 – The impact  of Digitalization on Offshore Operations

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FutureOn Shines A Bright Spotlight On “Digital Twin” Technology Advancements At OTC 2018

By | Events

McDermott International and FutureOn to address benefits of offshore collaboration technologies and showcase FieldAP digitization capabilities at OTC press conference

HOUSTON – (Apr. 19, 2018) – FutureOn, a digital technology innovator enabling customers to see more possibilities for their assets and begin to make more forward-thinking choices, today announced the company will reveal their digitization success for offshore operations at the 2018 Offshore Technology Conference (OTC) taking place April 30 – May 3, 2018 in Houston, Texas at NRG Park.

Based in Oslo, Norway, FutureOn has built a reputation for developing innovative, efficient and cost-saving technology solutions for the offshore industry such as its “digital twin” collaboration tool, FieldAP. The tool provides offshore project managers the ability to visualize, digitize and collaborate on field development, regardless of geographic location. Currently adopted by some of the world’s largest exploration and production companies and the service companies supporting them, such as engineering, procurement, construction and installation (EPCI) leader McDermott International, Inc. (McDermott), FieldAP is capable of accelerating offshore project timelines by up to 80% and driving cost savings as high as 70% across the lifecycle of a project.

On April 30, 2018 from 9:00 a.m. CT – 9:50 a.m. CT in room 406-407, Level 2 in NRG Center, FutureOn will host a press conference. The company’s Chief Executive Officer Paal Roppen will discuss the company’s transformative digitization capabilities in the offshore industry; reveal the benefits FieldAP yields for customers (via a live demonstration of the platform by FutureOn Chief Technology Officer Olav Sylthe); and provide an overview of the company’s current relationship with McDermott. Special guest Vaseem Khan, Vice President of Global Engineering for McDermott, will also speak about digitization strategies for the offshore industry and the integration of FieldAP into McDermott’s project lifecycle management system for subsea engineering projects as part of its Gemini XD program. Attending media representatives will also have the opportunity to participate in a Q&A session with FutureOn and McDermott spokespersons.

“FieldAP will become the standard tool for subsea field layout and optimization as a part of Gemini XD,” said Khan. “It is a transformative initiative and we are proud to discuss and demonstrate with FutureOn at OTC on how the FieldAP solution will further increase our project lifecycle management system efficiencies.”

FutureOn’s Olav Sylthe will also speak at OTC on May 2 in room 604 from 3:50 p.m. CT – 4:12 p.m.CT as part of the “Leveraging Big Data” session. He will address the current state of disruptive digitization technology efforts and impact on offshore operations.

FutureOn is exhibiting in booth #4438 as part of the Norwegian Pavilion (between halls A and B in NRG Center) where live demonstrations of FieldAP will be available.  Further, FieldAP will be demonstrated as part of the McDermott Gemini XD solution at 11:30 a.m. CT and 3:30 p.m. CT April 30 – May 3 in the McDermott booth #2615 (between halls B and C in NRG Center).

“We are excited to have an increased presence at OTC 2018 and demonstrate real-world examples of how FutureOn and our collaborative platform technology offering, FieldAP, are disrupting offshore engineering processes,” said Roppen. “Many offshore industry players are quickly growing tired of operational efficiencies and sluggish revenue growth. They yearn for disruptive, digital collaboration technologies such as FieldAP that will help them make decisions better, quicker and faster, and firmly establish their position as a lasting leader across the competitive landscape. And FutureOn is ready to take them there.”

For more information on FutureON and their FieldAP technology, visit www.futureon.com.

 

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About FutureOn

Headquartered in Oslo, Norway with a U.S. office in Houston, FutureOn is a digital technology innovator enabling customers to see morepossibilities for their assets and begin to make moreforward-thinking choices. For more information on FutureOn and its collaborative platform solution FieldAP, visit: www.futureon.com and connect with us on Facebook, LinkedIn, Twitterand YouTube.

 

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FutureOn to exhibit at OTC 2018 on Monday 30 April. Booth 4438

By | Events

What’s happening

FutureOn is proud to be exhibiting at OTC 2018. We have partnered with the Norwegian Trade Council to showcase our leading software solution – Field Activity Planner – in the Norwegian Hospitality Stand. Booth 4438.

We will be introducing a number of new digital solutions to the market that extend the use of the Digital Field into operations and asset integrity capabilities. We are partnering with a number of digital leaders including Aegex Technologies and Petroleum Experts. For a private demonstration of the FutureOn solutions please email Darrell Knight at darrell@futureon.com.

About OTC

The Offshore Technology Conference (OTC) is where energy professionals meet to exchange ideas and opinions to advance scientific and technical knowledge for offshore resources and environmental matters.
Celebrating 50 years since 1969, OTC’s flagship conference is held annually at NRG Park (formerly Reliant Park) in Houston. OTC has expanded technically and globally with the Arctic Technology Conference, OTC Brasil, and OTC Asia.
OTC is sponsored by 13 industry organizations and societies, who work cooperatively to develop the technical program. OTC also is endorsing and supporting organizations.

Top Reasons to Attend OTC 2018

OTC gives you access to leading-edge technical information, the industry largest equipment exhibition, and valuable new professional contacts. Here’s how:

  • Quality: 350+ peer-selected technical presentations, leveraging *13 societies’ collective knowledge and covering topics from the wellbore to topsides and everything in between.
  • Value: 500,000+ sq. ft. of exhibit space with ground-breaking innovations and 2000+ leading providers of products and services in one place, at one time.
  • Networking: 70,000+ energy professionals from 100+ countries are there.
  • Always Something New: Connect with global C-suite leaders and 100+ speakers to discover what innovations we can expect over the next 50 years.
  • Media Exposure: 300+ journalists from around the world attend OTC.
  • Investing Back in the Industry: OTC’s sponsoring organizations use the revenue to provide many other important programs for its members, such as training and technical journals.
  • In the World’s Energy Capital: Combine OTC with client meetings, business proposals, and company training.
  • Convenience: 174 nonstop flights, world-class venues and hotels, and nearby public transportation.

To learn more about the upcoming event visit http://2018.otcnet.org/

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FutureOn speaking at “Future Oil and Gas” 2018 Conference, 12-13 June, Aberdeen

By | Events

What’s happening

FutureOn representatives have been invited to speak on a panel with other leading digital transformation specialists titled:

Digitalisation of operations: managing the risks, leveraging the benefits

  • How can we transition to a digital way of working without interruption to operations?
  • Protecting internal knowledge throughout the process of automation and roboticization of work
  • Can we avoid being exclusively tied to a single vendor when we go digital?
  • Managing the cybersecurity issues without negating the desired performance improvements.

We will also be showcasing our leading offshore digital solutions for Digital Field Development and Operations.

About Future Oil and Gas – Where business meets innovation

Senior executives from oil and gas operators, service companies, technology suppliers and industry experts will meet at the annual Future Oil & Gas conference to examine the disruptive innovation and emerging processes that will shape the future of the oil and gas industry.

Thanks to the latest technological advancements, we are now poised for a second digital age that could further reduce costs, unleash unparalleled productivity, and boost performance significantly—if executives can harness the right technologies to support their business strategy. Making better use of existing technology can deliver serious returns: according to McKinsey up to $1 billion in cost savings or production increases. Executives that make their organizations more digital will be well positioned to pursue new growth opportunities.

Who attends Future Oil & Gas

  • C-level managers: CEO, Group CEO, CTO, CDO, CFO and Heads of Strategy and Technology
  • Oil & Gas operators, NOCs
  • Service providers, contractors, and related suppliers
  • Technology innovators
  • Investors
  • Consultants and strategic change managers
  • Academics, R&D professionals, industry experts

What are experts saying about disruptive technology in oil and gas?

“We know we cannot build tomorrow’s industry with yesterday’s tools. But the good news is that we have a new toolbox. And it contains the tools of digitization, simplification, and standardization. Digitisation is a real game-changer.”
Bernard Looney, BP chief executive, upstream

“Rapid advances in automation technologies such as artificial intelligence, robotics, analytics, and the Internet of Things are beginning to transform the way oil and gas are produced and consumed.”
Jacques Bughin, director, McKinsey Global Institute

“The oil and gas industry is incredibly resilient and has some of the brightest, most innovative people I have ever met. This is clearly what leads to my overall optimism about the industry for 2017 and beyond.”
John England, US oil and gas leader, Deloitte LLP

“Although most oil and gas companies are closely focused on preserving margins to weather the low-price storm, many are also looking ahead and thinking about how digital technologies and data analytics will transform their industry.”
Riccardo Bertocco, partner with Bain & Company in Dallas

To learn more about the upcoming event visit http://www.futureoilgas.com/