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Oil sector near-term investment indications point to Big Data automation, & IIoT

Over the next three to five years, some 80% of oil and gas industry professionals surveyed in a new report said that they plan to invest the same amount or more in their digital affairs. The research, conducted by Accenture and Microsoft Corp., shows that mobility infrastructure and collaboration technologies currently represent the biggest investment areas, pointing to considerations for Big Data, IIoT and automation. […]

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Two fibre projects for North Sea connectivity
north sea connectivity

Global Marine Systems Limited, a UK-based subsea cable engineering company, has landed two contracts from Tampnet which operates the largest offshore, high-capacity communication network in the world. These two deals will enhance Tampnet’s North Sea network. The first project is for a platform-to-platform cable system with four branching units, using 74.157km of fibre optic cable. Cable for the second platform will also be laid for later connection. […]

INET expands E&P wireless comms, Permian Basin
Infrastructure networks

Effective immediately, industrial LTE wireless broadband service provider – to the oil, gas, and other critical infrastructure industries – INET has signed a multi-year contract with an independent E&P company in the Permian Basin, Texas. The deal will help to improve worker safety, productivity and efficiency. This is the first open standards based wireless network dedicated to critical infrastructure. It covers 18,000mi2 of the region, expanding to 25,000mi2 in 2015. […]

GEO and non-GEO HTS to propel satellite backhaul
satellite backhaul

NSR’s report finds a robust market increasingly impacted by the much-deliberated Non-GEO-HTS programs, specifically LEO-HTS presenting both challenges and opportunities for the industry. A diverse set of market segments are expected to grow at mixed levels, with current and next-generation solutions generating healthy revenue streams from US$1.7billion in 2014 to US$5.3billion by 2024. Various service offerings targeting all market segments pose risks & rewards. […]

RigNet and O3b Networks seal oilfield connectivity deals
Oilfield connectivity

RigNet, Inc. a global provider of digital technology to the oil and gas industry, has signed a three-year contract with a Norwegian international midwater drilling contractor to deliver managed network communications solutions on a semi-submersible offshore drilling rig in the North Sea. O3b Networks also announced a multi-year agreement. This time with MEOSAT to provide trunking services for oil industry clients in Southern Iraq. […]

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