Digital Transformation
News
April 15, 2024
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.
Webcast
Achieving successful production automation
May 01, 2024
Baker Hughes
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.
News
March 27, 2024
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.
News
March 27, 2024
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.
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 22, 2024
As part of the collaboration agreement, Oceaneering will utilize GDi’s Vision software solution for streamlining inspection processes. This technology allows remote assessment of external conditions, eliminating the necessity for frequent on-site physical inspections.
News
March 22, 2024
Optime Subsea's ROCS eliminates the need for both the umbilical, which traditionally connects the surface to the seabed for controlling the tubing hanger in subsea well completions, and the topside hydraulic control unit. This innovation not only cuts costs but also reduces the amount of deck space required for these operations.
News
March 20, 2024
The agreement aims to enable the two companies to participate in major programs in the Italian and international markets in the area of surveillance and control of critical underwater infrastructure through the use of specific complementary technologies from Fincantieri and Saipem.
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
March 05, 2024
Quantum computing in the oil and gas market is expected to grow at a CAGR of 37.9%, owing to the increasing demand for efficient optimization and simulation across the sector. Chevron's investment marks a significant move by a supermajor into the rapidly evolving field of quantum computing.
News
March 01, 2024
The Decommissioning Data Visibility Dashboard now includes field-specific information from 15 operators, compared with three when it was piloted by the North Sea Transition Authority (NSTA) and the Decommissioning and Repurposing Taskforce (DaRT) in November 2021.
News
February 28, 2024
An increase in global demand means the Tomax sales system must be scaled up. To have this happen in a sustainable and cost-effective way, Tomax has set out to pioneer moving drilling tools into the digital business space.
News
February 22, 2024
By synergizing their capabilities, the partnership will grant Enertel direct access to a customer’s entitled TGS well data, including the utilization of TGS Application Programming Interfaces (APIs) embedded directly within QuantumCast, facilitating enhanced operational efficiency and decision-making.
News
February 20, 2024
KCF Technologies, a provider of predictive maintenance and machine health solutions, announced an integration with Nabors Industries, pioneer of the RigCLOUD digital drilling platform, enabling customers to bring data from their wireless machine sensors into the open cloud system.
News
February 19, 2024
The solution connects Shell’s exploration teams to relevant seismic data. With rapid access, Shell can now focus on informed decision-making in the dynamic energy landscape.
News
February 18, 2024
Oceaneering International, Inc. announced that its Aerospace and Defense Technologies (ADTech) business segment has been awarded a contract by the Defense Innovation Unit (DIU), a U.S. Department of Defense organization, for the development and testing of the Freedom Autonomous Underwater Vehicle (AUV) as a potential Large Displacement Unmanned Undersea Vehicle (LDUUV) prototype for the U.S. Navy’s Program Office for Advanced Undersea Systems.
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
February 12, 2024
The newly added dataset allows real-time delivery of well economic statistics, providing users with valuable insights into oil and gas asset performance based on highly accurate well data and well-specific cost models.
