Artificial intelligence
News
January 31, 2025
TotalEnergies has selected IFS Cloud as part of its global asset management strategy. By implementing industrial AI, TotalEnergies can maintain all exploration, production, refining, and chemicals assets on a single platform, IFS stated.
News
January 28, 2025
Chevron and Engine No. 1 have announced a new partnership to develop scalable, reliable power solutions for U.S.-based data centers running on U.S. natural gas. In conjunction with GE Vernova, the partnership aims to establish the first multi gigawatt-scale co-located power plant and data center during President Trump’s second term.
News
January 27, 2025
CRC Evans has launched a new digital platform to streamline data management for welding, coating, and inspection for customers in the oil and gas sector. The DATA360 platform will expedite access to production data, improved analytical capabilities and precise data tagging.
News
January 22, 2025
SandboxAQ announced it has signed an agreement with Aramco to collaborate on developing a multi-GPU enabled differentiable computational fluid dynamics solver for application in oil and gas processing facilities.
News
January 14, 2025
Tachyus has appointed Dr. Jeff Spath as Chairman of the Board to guide the company's mission to transform reservoir management with AI. Dr. Spath is a former SLB executive and SPE President, and brings 40 years of experience in the energy sector.
News
January 13, 2025
According to a new report from national law firm Lathrop GPM, oil and gas (O&G) decision makers are grappling with carbon reduction initiatives and AI readiness—as well evaluating potential mergers and acquisitions (M&A) to drive new efficiencies.
News
January 09, 2025
Europe’s oil and gas industry is increasingly leveraging AI to optimize operations across its value chain as the region faces growing energy security concerns, according to a new research report published by Information Services Group (ISG).
News
January 08, 2025
SLB has been awarded a series of major drilling contracts by Shell to support capital-efficient energy development across its deep- and ultra-deepwater assets in the UK North Sea, Trinidad and Tobago, the Gulf of Mexico and others.
News
January 06, 2025
Solace Global Risk has officially acquired Nuraling, an independent AI innovation, bringing tailored machine learning solutions to Solace Secure and other services.
News
December 09, 2024
SLB has announced the launch of Neuro™ autonomous geosteering, a tool designed to dynamically responds to subsurface complexities to drill more efficient, higher-performing wells, while reducing the carbon footprint of the drilling operations.
News
December 04, 2024
Compass Datacenters has signed a multi-year capacity agreement with Siemens to supply a custom modular medium-voltage skid solution. The solution consolidates the capabilities of multiple electrical components into a single integrated unit.
News
November 25, 2024
BP Plc anticipates strong growth in the U.S. as President-Elect Donald Trump improves regulations on the oil and gas industry just as artificial intelligence boosts energy demand.
News
November 21, 2024
Miros has launched its new wave and vessel motion prediction technology — PredictifAI, which delivers a monitoring solution that automatically adapts to varying sea and weather conditions.
News
November 10, 2024
Last Mile Production will implement B4ECarbon™ in its West Texas oil and gas operations. A collaborative effort by Blockchain for Energy (B4E) and Enovate Ai, B4ECarbon™ is an emissions management solution to streamline emissions tracking and reduce the environmental impact of operations.
News
November 05, 2024
ADNOC has awarded an EPC contract to Jereh Oil & Gas Engineering Corporation, worth up to $920 million (AED3.38 billion), to install remote sensing and well-operating equipment at its onshore Bab, Bu Hasa and Southeast fields, extending its AI-powered well digitalization program to cover the fields.
News
November 04, 2024
His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, rallied the energy industry at the 40th ADIPEC meeting to lead the world to the next phase of sustainable socioeconomic growth.
News
November 04, 2024
ADNOC and AIQ announced today at ADIPEC the launch of ENERGYai, the world’s first-of-its-kind custom-built agentic artificial intelligence (AI) solution for the global energy transformation.
News
October 31, 2024
Enovate AI has announced a strategic partnership with SGS to revolutionize drilling efficiency in the oil and gas industry through the application of AI-driven Bottom Hole Assembly (BHA) optimization, specifically focusing on roller reamer placement.
News
October 29, 2024
(Bloomberg) — A surge in energy demand from technology giants that are rapidly developing cloud computing and artificial intelligence — known as hyperscalers — is becoming a major boon for the fossil fuel industry.
News
October 27, 2024
(Bloomberg) — Saudi Aramco’s venture arm has earmarked $100 million to invest in artificial intelligence startups as it looks to accelerate Saudi Arabia’s push to become a more competitive force in global AI.
News
October 22, 2024
(WO) — Enovate AI has partnered with Blu Clarity to deliver AI-powered real-time data analytics that will enhance efficiency, reduce costs, promote sustainability and ultimately revolutionize upstream oil and gas operations.
