Artificial intelligence

The upstream oil and gas industry is investing heavily in search for new reserves or resource plays, new extraction technologies, and advancements in operational automation.

AVEVA, says 85% of industrial businesses plan to increase their investment in digital transformation over the next three years in order to tackle climate change, embrace automation and unlock the performance benefits of advanced technologies.

Focused on driving sustainability in the region through digital transformation, the partnership will help enable AVEVA to establish their largest digital hub, with an R&D capability, in the Middle East, headquartered in Saudi Arabia.

Come and discover how our ready to run service enables seamless connection to AI and domain applications for faster and improved decisions. Learn how all the tools needed to automate data loading, quality control, governance, discovery, sharing and consumption are built into a single environment that can be deployed globally through strategic partnerships.

The solution will provide energy operators with full interoperability, making their data accessible by any application within their E&P environment through the OSDU common data standard to enable easy sharing of information between teams.

Oil and Gas companies are investing in applications to analyze data in real-time and improve the business performance. That investment involves computing platforms that are reliable in harsh environments where oil and gas assets exist. Streamline Innovations will share their application of advanced technology and how they are enabling clients to meet environmental objectives. Hear from Peter Photos, Streamline Innovations and Corie Allemand, Stratus Technologies on digital initiatives that increase efficiency, safety, and profitability. Join us for a discussion on: -Streamline Innovations use of advanced applications -ROI of Edge Computing for Streamline -Redundancy and virtualization in Edge Computing

Honeywell is launching its gas cloud imaging system in Europe to provide automated and continuous monitoring for leaks of dangerous and polluting gases such as methane at oil and gas, chemical and power generation facilities across the continent.

The combined portfolio brings OSIsoft’s world-class data management together with AVEVA’s leading industrial software to unlock Performance Intelligence.

The initiative provides a framework for energy operators, service providers, equipment providers, and independent software vendors for energy services to offer interoperable solutions, including AI and physics-based models, monitoring, diagnostics, prescriptive actions, and services, powered by the BHC3™ AI Suite and Microsoft Azure.

The agreement formalizes the commitment from both companies to progress the industry standard OSDU data platform and lays the foundation for further collaboration and innovation for workflows and solutions across the energy spectrum.

A thousand alarms but only one important event. This is the reality facing many operators of electric submersible pumps (ESPs). With so much reliance on people rather than digital tools to prioritize events, it is difficult for field engineers to respond to the most important. The disparate, hit-and-miss analytics of slow-loop systems makes it difficult for operators to identify ESP issues and respond to them in a timely manner. Sensia AiRP captures, prioritizes, resolves, and reclassifies ESP events in an integrated environment, creating a single-view workflow that brings together the latest advances in AI and powerful data visualization to automate the prioritization process. By automatically and intelligently analyzing ESP events in real time, AiRP empowers you to boost operational efficiency, optimize lift, and minimize downtime by significantly cutting the response time to potentially harmful events. This solution harnessing Sensia’s full capabilities represents the first step towards lift autonomy.

The partnership will deliver unprecedented capabilities to petrotechnical domain experts in response to global demand for AI, bridging the gap between machine learning and domain expertise to enable better insights.

The system enables customer support to be delivered proactively by Wärtsilä Expertise Centres to ensure long-term accurate insight for their predictive maintenance strategies.

Achievements include new technologies in key basins; strengthening position in the South Atlantic; further growth onshore; enhancing imaging and efficiencies; and expanding the value chain through data and analytics.

Using historical and real-time data from entire systems, the BHC3 Reliability machine learning models identify anomalous conditions that lead to equipment failure and process upsets. Application alerts enable proactive action by operators to reduce downtime and lost revenue.

Weatherford’s Vero automated connection integrity system, which applies artificial intelligence to validate well integrity and minimize safety risks, has completed 15,000 tubular connections in 50 operations worldwide since its market debut.

Baker Hughes, a GE company and C3.ai today announced a joint venture agreement that brings together BHGE’s fullstream oil and gas expertise with C3.ai’s unique AI software suite to deliver digital transformation technologies that will drive new levels of productivity for the oil and gas industry.