Big Data
News
September 06, 2018
In the past few years, low oil prices had sanctioned almost every large energy projects in the oil and gas industry. Today, with the recent recovery of oil prices, most companies are starting to see light at the end of the tunnel and preparing to ramp up their investments to either maintain or grow output. Yet, despite the increasing investment in projects, EPC companies are facing tougher contracting and more intense global competition.
News
September 06, 2018
The concept of Digital Twin is not new and it has been around for more than a decade. A digital twin is a complete 360-degree digital replica of a physical asset such as a pump, compressor or entire plant that enables analysis of data and monitoring of systems to catch problems before failures occur, preventing downtime and developing new opportunities for business improvement. Only in recent years, the improved technology and greater clarity on the use cases have accelerated the technology adoption.
News
September 06, 2018
A joint study by the UK oil and gas industry’s Technology Leadership Board, the Oil & Gas Technology Centre and the Oil and Gas Authority (OGA) has found that adopting data analytics and digital technologies for asset maintenance and operations could increase production and lower maintenance costs worth £1.5 billion annually to the UK Continental Shelf (UKCS).
News
September 04, 2018
BP announced today that it has successfully deployed Plant Operations Advisor (POA), a cloud-based advanced analytics solution developed with Baker Hughes, a GE company, across all four of its operated production platforms in the deepwater Gulf of Mexico.
News
September 03, 2018
Wood has teamed up with Abyssal, a 3D visualization, simulation and digitalization solutions provider to the oil and gas and marine renewables markets, to provide the latest digital technology aimed at improving the design, constructability, operation and inspection of subsea assets globally.
News
August 28, 2018
Siemens PLM Software has announced, with Bentley Systems, an integrated solution for enterprises to deliver capital projects more efficiently, combining the Teamcenter portfolio with Bentley’s ProjectWise and its Connected Data Environment (CDE).
News
August 23, 2018
Bringing together the upstream oil and gas sector, Halliburton’s Life 2018 is a collaborative digital conference that focuses on technology advances in E&P. In its sixth year, the goal is to leverage advances in science, technology, digital, and the community, to drive the industry forward.
News
August 15, 2018
Norway has a huge potential to be a pioneer in Artificial Intelligence (AI), but it needs resources and collaboration in order not to lag behind. To strengthen national efforts on artificial intelligence, Telenor, NTNU and SINTEF are inviting Norwegian businesses to partner on the new Norwegian Open AI Lab.
News
July 31, 2018
Fairfield Geotechnologies proudly announces that it has been awarded two significant processing projects in core areas.
Whitepaper
Delivering Closed-Loop Operations to Reduce Production Costs in Oil and Gas Fields
July 19, 2018
AVEVA
Whitepaper
The Great Data Transformation: How Shell, Transocean and SBM Offshore are Capitalizing on Digitalization
July 18, 2018
Osisoft
News
June 22, 2018
Equinor and Microsoft have entered into a strategic partnership agreement. As part of the agreement, Equinor will provide industry knowledge and business needs to support Microsoft in developing new solutions for the industry. Microsoft will provide expertise to accelerate Equinor’s IT development and establish new data center regions in Stavanger and in Oslo.
News
April 25, 2018
Total and Google Cloud have signed an agreement to jointly develop artificial intelligence (AI) solutions applied to subsurface data analysis for oil and gas exploration and production.
News
April 20, 2018
Wood, Cisco and Roue Consultores have opened a new Oil and Gas Advanced Technology Centre (ATC) in Naucalpan, Estado de Mexico.
News
April 19, 2018
FairfieldNodal has acquired Geokinetic's U.S. multi-client data library nearly triples its North American multi-client library coverage.
Article
April 2018
As the oil and gas (O&G) industry emerges from the recent downtown, executives are looking for innovative ways to promote growth.
Article
April 2018
On June 13, 2014, the cost of a barrel of West Texas Intermediate stood at $107.49. That year, budgeted, worldwide capital expenditures in the oil and gas industry would approach a record $520 billion. The future looked bright.
News
April 05, 2018
A new Digital Innovation Center is being established at Gazprom Neft, for the development and implementation of digital technologies in logistics, processing and sales.
News
March 19, 2018
A battle for big data is brewing in the oil patch.
News
January 16, 2018
LMKR announced the launch of the GVERSE GO, a pay per use subscription program that allows instant access to LMKR's software while paying only for what you use.
Article
January 2018
Digital transformation is helping Petrovietnam to grow as an NOC, while extracting economic value from unstructured data.
