Big Data
News
January 29, 2019
The Baker Hughes, a GE company annual meeting is a two-day conference filled with industry leaders who share best practices, best-in-class products and services, and an unforgettable opera performance in the Teatro del Maggio Musicale Fiorentino.
News
November 26, 2018
Gazprom Neft’s board of directors has reviewed information on further improving the efficiency of the oil business’s operational processes through the use of innovative digital technologies.
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.
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
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
May 05, 2017
Siemens will deliver advanced digital solutions for Aker BP’s future field development projects as part of a long-term partnership between the two companies focused on the design, supply and installation of electrical, instrumentation, control and telecom systems—from the preliminary phase to first oil.
News
May 05, 2017
Geophysical Insights announced the launch of the new Attribute Generator in the latest release of Paradise version 3.1.
News
February 14, 2017
SSI is the program sponsor for a proposed digital transformation initiative, with principal drivers including needs for instrumentation, monitoring, control and automation, as well as technical challenges and barriers faced by operating companies.
News
February 09, 2017
To facilitate frictionless connections between different industry players, domain experts and data scientists, DNV GL is launching an industry data platform.
