Big Data
News
September 18, 2018
TGS has announced its first regional offshore MSGBC SeaSeep Project in the Northwest Africa Atlantic Margin.
News
September 14, 2018
The Oil & Gas Innovation Centre (OGIC) is supporting three new research projects centred on how digitalization can improve efficiency and provide cost savings to the oil and gas industry.
News
September 06, 2018
Although oil prices have recovered to above $60/bbl recently, Oil and Gas producers continue to be highly focused on reducing their operations costs to reduce their break-even prices in order to stay ahead of the curve; companies must continue to make investments in improving operational efficiencies to sustain and improve their profitability in the highly volatile business environment.
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.
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.
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.
News
December 27, 2017
Today, “big data” has become a ubiquitous phrase at any enterprise, primarily as data in volume, velocity and depth grows due to consumerization of the world. To understand its potential to change the oil and gas industry, one must first understand innovation dimensions and how they can be applied at any enterprise.
News
December 21, 2017
TGS announces new multi-client acquisition project, Alonso 3D in the U.S. Gulf of Mexico.
