New initiative to advance oil field automation

An initiative that aims to advance automation in certain types of oil and gas fields is Statoil AS’s subsea increased oil recovery (SIOR) program. A recent addition to this program involves the development of new fiber-optic-based sensing and communications systems to extend the life and substantially increase recovery from the company’s subsea oil and gas fields.For this endeavor, Statoil has signed a 3-year technology development cooperation agreement with Weatherford International Ltd. The two companies will focus on both the development of new downhole optical sensing systems and an integrated fiber-optic subsea communication system for improving overall reservoir and prod...

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