Artificial intelligence
News
March 26, 2024
By combining Chevron’s artificial-intelligence models for automated fault detection, with Eliis’s global methods for advanced seismic interpretation, the time needed to perform structural interpretation, in all geological settings, can be reduced by orders of magnitude.
News
March 25, 2024
The firm’s event-driven software monitors for corrosion threats allowing organizations to act before damage occurs, analyzing integrity data in near real-time. The integrated dashboard displays a live, round-the-clock snapshot of an asset’s performance to provide instant insights into its current condition while forecasting the future states of safety-critical systems.
News
March 22, 2024
Chair and CEO Julia Sweet of Accenture put into words what most companies recognize: AI represents one of the “most exciting times to lead companies.” With AI, breakthroughs in operations efficiency and reducing emissions are much closer, so that the energy industry can enhance the core of what they do.
News
March 14, 2024
Advanced AI is gaining a foothold in the oil field as drillers and producers are relentlessly focused on improving efficiency. While the technology is being tested around the globe, the U.S. is perhaps the most important spot to watch.
News
March 13, 2024
tde powerline is the industry’s first downhole high power, high bandwidth data highway enabling intelligent digital drilling systems - a key enabler for AI driven solutions and drilling automation.
News
February 15, 2024
Palantir’s Foundry Platform and Artificial Intelligence Platform (AIP) will be deployed in a three-year agreement to help Bapco Upstream maximize its return on investment on energy production in the country and support its mission to connect the energy infrastructure of the Kingdom of Bahrain in an unprecedented way.
News
January 10, 2024
The Geminus model builder fuses physics-based approaches with process data to produce highly accurate AI models that can be deployed at scale, far faster and at much less cost than traditional AI approaches.
News
November 12, 2023
LightOn's AI targets industrial applications through the use of their generative AI Paradigm platform, while CGG's outcome-driven, highly optimized and sustainable approach to industrial HPC, based on its proprietary immersion cooling technology and use of 100% renewable energy, is well proven in the energy industry.
News
October 26, 2023
The RoboWell system utilizes real time data to continuously react to changing oil field dynamics, to optimize production processes, as well as ensure operation within safety parameters to minimize well instability and reduce the risk of stoppages or other incidents.
News
October 26, 2023
The Advanced Reservoir (AR) 360 solution drives optimization within upstream oil and gas exploration and operations, enabling greater efficiency and reducing operational energy use and emissions.
News
October 16, 2023
While at SPE Offshore Europe last month in Aberdeen, Scotland, World Oil had a chance to visit with two of DNV’s section heads handling various aspects of the digital side of upstream oil and gas. What follows are some highlights of that visit and specific projects that DNV is undertaking.
News
October 16, 2023
Flowco Production Solutions announced the immediate availability of the APEX Multi-Well Controller, giving oil and gas operators more precise monitoring and control technology to optimize their well pads for gas-lifted, plunger-lifted, and GAPL (gas-assisted-plunger-lift) assets.
News
September 28, 2023
Amazon Web Services, Inc. (AWS) announced five generative artificial intelligence (AI) innovations, so oil and gas organizations of all sizes can build new generative AI applications, enhance employee productivity, and transform their businesses.
News
September 27, 2023
PetroVisor has already effectively integrated multi-source production and well testing data from fifty wells, resulting in enhanced production estimates, streamlined back allocation processes, and predictive insights powered by automated Decline Curve Analysis.
News
September 25, 2023
The PulseStar service uses telemetry for remote operations to minimize human interaction and enhances on-bottom drilling time.
News
September 21, 2023
Huawei's intelligent E&P solution integrates high-performance computing, massive data storage, AI exploration models, and collaborative scheduling of software and hardware resources.
News
September 05, 2023
INEOS Energy will partner with SLB’s Performance Center in Aberdeen to collaborate and innovate subsurface technologies, including AI capabilities, to help it drive operational performance for continued growth, new acquisitions, and carbon capture and storage (CCS).
News
August 24, 2023
Globe combines proprietary computational modelling and AI-led machine learning techniques with Getech’s geoscientific expertise to deliver a unique Earth model that enables its customers to identify new resource exploration opportunities.
News
August 18, 2023
The collaboration will see the construction of the Microsoft Azure High-Performance Computing (HPC) AI infrastructure platform to support and scale a wide array of applications that would optimize PETRONAS Upstream’s operational efficiency.
News
August 09, 2023
As part of the collaboration, the two parties will work together to pilot and test AI solutions to discover viable applications and use cases that can create value across multiple business verticals in the energy sector on a global scale.
News
July 25, 2023
The software, which is applicable to all major hazard industries, will prompt users to consider risks they may have missed, assist in answering questions and provide guidance on good practice as well as past incidents with relevant learnings.
