Digital Transformation

By enhancing 5G within Seatrium’s yards in Singapore, a range of applications including smart video analytics, Artificial Intelligence (AI) and digital twin technology augmented with real-time Internet of Things (IoT) capabilities of Seatrium’s yards globally, will empower the group to achieve its operational excellence. 

The SARB and Umm Lulu offshore concessions deploy cutting-edge digitalization and AI technologies for remote monitoring, smart well operations and production management to optimize production efficiency, reduce emissions, enhance safety and increase production capacity.

Join Weatherford, DeepIQ, and AWS for an enlightening panel discussion where industry leaders, data scientists, and technology providers come together to explore the transformative potential of Generative AI in the Oil & Gas industry. The panel will delve into topics such as: -Understanding how Generative AI is reshaping the industry landscape. -Valuable insights from real-world applications. -Exploring applications in SCADA management, production and drilling domains. -Navigating Trust, Security, and Compliance in the Era of Gen AI Don't miss this opportunity to peer into the future of Oil & Gas with cutting-edge AI.

Seeq, a leader in industrial analytics, AI, and monitoring, and Equinor announced a multi-year commercial agreement for the Seeq Industrial Analytics and AI platform, to be leveraged across Equinor’s global assets to further accelerate digital transformation outcomes.

The software is a fully adaptive, self-learning, and continuously improving system that addresses the unique challenges and requirements of drilling. The AI agent finds the most efficient and safe way to TD, predicts incidents, hazards, and optimizes parameters.

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 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.