Author: Service in Industry Hub

Oil and Gas industry sees further cuts as US oil and gas company ExxonMobil announced it would slash 1,600 jobs in Europe, more than 11% of its workforce in the region, as it struggles with the hit from the coronavirus downturn.

DNV GL and Bluewater are co-operating on a pilot project using hybrid digital twin technology to predict and analyze fatigue in the hull of an FPSO in the North Sea. The objective is to validate and quantify the benefits of creating a virtual replica of the FPSO in order to optimize the vessel’s structural safety and support risk-based inspection (RBI).

Targeting China’s vast maintenance market for the more than seven million elevators currently in use, Hitachi Elevator showcased its comprehensive and professional IoT-based elevator service solutions covering maintenance, refurbishing, renovation and installation.

Following Alpha Laval’s offer, Valmet has made a counter-proposal for the takeover of Finnish valves producer Neles. For now, Neles has recommended to its shareholders to accept Alfa Laval’s offer.

By cutting out human operators, Caterpillar’s autonomous driving technology, which can be bolted on to existing machines, is helping the U.S. heavy equipment maker mitigate the heavy impact of the coronavirus crisis on sales of its traditional workhorses

According to Elon Musk’s Twitter account, a limited version of the “Full Self-Driving” upgrade of its Autopilot software will make its way to owners starting next Tuesday. According to Musk, Tesla hd to do “a fundamental rewrite of the entire Autopilot software stack”…”The sophistication of the neural net of the car and the overall logic of the car is improved dramatically.”