Digital Transformation

UEM is an innovative approach that, for the first time, simultaneously integrates static and dynamic data in real time to represent subsurface conditions across multiple scales. This method improves the accuracy of reservoir models by consistently incorporating geologic uncertainties, making UEM vital to optimize reservoir recovery under uncertainty.

The agreement will see Pasqal install, maintain, and operate a 200-qubit quantum computer, which is scheduled for deployment in the second half of 2025.

Key highlights of the contract include a test deployment of PetroVisor’s Electric Submersible Pump (ESP) app for one producing asset, showcasing Datagration's machine learning-enabled ESP data analytics solution.

The digital transformation continues to impact various drilling and production functions in many positive ways, and thus its usage and spending for it will expand further, says a veteran upstream executive.

Increasing safety and reducing injuries during drilling is gaining momentum. Automation achieves these goals in the red zone by automating risk-prone, manual tasks. Automated installation of control line clamps has increased rig floor safety. Semi- and fully automated systems will become available commercially later this year.

The agreement aims to support the commercialization of a broad range of technological advancements and solutions, green retrofit products and services such as carbon capture, electrification and energy efficiency measures.

GlobalData’s Thematic report, “Digital Twins in Oil and Gas,” provides an overview of the digital twins technology and its potential implications in oil and gas operations. It also highlights the role of major oil and gas companies, such as ADNOC, BP, Eni, Equinor, ExxonMobil, Repsol, Rosneft, Shell, and TotalEnergies in the development and adoption of digital twins to meet their business objectives.

The REMOTE-CON notation demonstrates the vessel’s alignment with remote-control functions and signifies that the design and construction of the offshore asset are assessed against and adhere to the ABS Requirements for Autonomous and Remote Control Functions.

The artificial intelligence-based Autonomous Machinery Health Management Function (HiCBM) and the Autonomous Safety Management Function (HiCAMS) both received AIP from ABS at the Offshore Technology Conference in Houston.

Optime Subsea's second-generation ROCS has gradually become the new industry standard for well completion operations. Because it has eliminated the need for the umbilical, which traditionally connects the surface to the seabed for controlling the tubing hanger in subsea well completions, and the associated topside hydraulic control unit.

Discover how automation and AI technology can streamline tubular installation, ensuring that operations are not only faster, saving valuable time, but also smarter, optimizing resources and decision-making in real-time. Moreover, with the emphasis on cleaner operations, reductions in footprint, people on board (POB) and carbon emissions can also be achieved. Join us to learn how these advancements deliver excellence in tubular running services.

Unique Group, a prominent figure in subsea technologies and engineering, has finalized the strategic acquisition of Subsea Innovation, a leading subsea technology and equipment manufacturer.

TAQA’s Threlix is designed to assist operators in mitigating drilling dysfunctions across multiple axis in Rotary Steerable Systems applications, improving drilling efficiency and cost reduction.

In today's rapidly evolving industries with ever-changing dynamics, maintaining operational efficiency and reliability is crucial. Digitalization offers insights into facility capacities and capabilities across varying scenarios—short and long term. By understanding the potential effects of equipment downtime or changes in production plans, organizations can proactively manage risks and optimize resource allocation. Join experts from ConocoPhillips and AspenTech as they share experiences using an innovative risk analysis and quantification solution that enabled ConocoPhillips to: • Accurately forecast the operational impact on plant operations based on diverse scenarios • Provide simulation outcomes of facility capacities and reliability under a wide range of conditions • Proactively mitigate risks and optimize resource usage to ensure plant efficiency and reliability Discover how this digital solution can help you prioritize maintenance strategies, enhance operational efficiency and foster sustainable growth in your industry.

SLB introduced two advanced artificial lift systems: The Reda Agile compact wide-range electric submersible pump (ESP) system and the rodless Reda PowerEdge electric submersible progressing cavity pump (ESPCP) system.

Oil reserves are being consumed faster than they’re being replaced. If the reserve replacement ratio doesn’t improve, supply could fail to meet demand before lower-carbon and new energy solutions mature. Companies rethinking strategies are using infrastructure-led exploration as a digital solution to find economically viable new prospects.

The collaboration combines Seatrium’s insights into trends and opportunities within the O&M sector with the research capabilities of A*STAR and its National Platforms such as the Technology Centre for Offshore and Marine, Singapore. The parties aim to boost the O&M sector’s pivot to new energies efficiently and reliably, and support the global transition to a low-carbon economy.

The scope of the contract includes SLB’s full bore electric interval control valves and electric subsurface safety valves. The award is a catalyst toward full production system electrification for Petrobras, improving production availability via more reliable completions.

Want to improve recovery from existing resources? Need to boost production from underperforming and mature fields? Looking to increase ROI without additional CAPEX? For many, production automation offers the answer. But in a world where many operators are still struggling through well management in Excel spreadsheets, it’s difficult to know where to begin. Successful production automation requires a balance of technology, change management, and process optimization. In this webcast, you will learn how one operator achieved double-digit production uplift and revolutionized their field operations using an automated field production solution.

It is estimated that using DIAL will enhance the net present value (NPV) of each well by up to $50 million over their lifetime. The contract is expected to lead to further adoption of DIAL in West Africa and across the continent.

Production capacity at the Belbazem offshore block is set to progressively ramp up to 45,000 bpd of light crude and 27 MMcfd of associated gas, contributing to ADNOC’s target of reaching 5 MMbpd by 2027.