Digitalization
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SLB, INEOS Energy to collaborate on subsurface technologies with AI capabilities
SLB has signed a subsurface technology partnership with INEOS Energy, the energy division of INEOS; a global chemical and manufacturing company. According to press release. INEOS Energy will partner with SLB’s Performance Centre in Aberdeen, to collaborate and innovate subsurface technologies, including AI capabilities, to help it drive operational performance for continued growth, new acquisitions,
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PETRONAS, Microsoft, Cegal partner to accelerate upstream digital innovation with artificial intelligence
According to Offshore Technology, Petronas Digital, the digital arm of Malaysian energy group Petronas, has teamed up with Microsoft and Norwegian IT services provider Cegal to advance digital innovation for the upstream energy value chain. The firms will collaborate to develop Microsoft Azure high-performance computing (HPC), artificial intelligence (AI) infrastructure platform. This platform is expected
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ADNOC and Tabreed Advance the First Project in the Region to Harness Geothermal Energy
ADNOC and the National Central Cooling Company PJSC (Tabreed) announced a breakthrough in the first project in the gulf region to harness geothermal energy following the conclusion of testing on two geothermal wells at Masdar City in Abu Dhabi, reported in a news release. The landmark project is set to decarbonize the cooling of buildings
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Sentinel Subsea expands subsea monitoring technology with seven-figure contract wins
According to World Oil, Passive well integrity monitoring specialists, Sentinel Subsea, has announced further international expansion following contract wins worth seven figures. This announcement marks continued industry success for the company’s pioneering passive subsea monitoring technology, WellSentinel. Reporting a significant increase in deployments since the beginning of the year, Aberdeen-based Sentinel Subsea (Sentinel) continues to
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Understanding large language models (ChatGPT), the applications, and benefits across oil & gas operations
The Energy Conference Network team talked to Alec Walker, a Principal at Inly. They discussed his upcoming workshop about understanding large language models like ChatGPT. This workshop will be part of the Digitalization in Oil and Gas Houston conference on September 13, 2023. Alec Walker shared how these models can be useful in the oil
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Digitalization in Oil and Gas Conference – An interview with Rebecca Hofmann
The Energy Conference Network’s team recently engaged in a discussion with Rebecca Hofmann, Chief Executive Officer at Blockchain for Energy, and discussed the evolution of blockchain in oil and gas and her involvement at the Digitalization in Oil and Gas Conference running on September 14 – 15, 2023, in Houston. Click here to listen to
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Wood, National Gas to transform Britan’s infrastructure with “industry-leading” digital solutions
According to World Oil, Wood is working with National Gas to ensure Britain’s gas transmission system is secure and sustainable. National Gas currently operates the entire GB gas transmission system and has appointed Wood to digitally upgrade 7,600 km of essential pipelines, compressor stations, and terminal infrastructure as part of their commitment to the energy
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Wood Signs global framework agreement with Shell
Wood, a global consulting and engineering company, has been awarded a multi-year enterprise framework agreement (EFA) to continue to provide services to Shell’s global projects, reported in a press release. Bringing specialist consulting, engineering, procurement, and project management expertise to Shell’s greenfield and brownfield projects, the agreement will see Wood continue to support projects that
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North Sea has potential to pioneer process safety with new AI tool from Salus Technical
According to World Oil, Aberdeen-based process safety firm, Salus Technical, has successfully launched a working prototype of its artificial intelligence (AI) tool, HAZOP AI, which is designed for Hazard and Operability Studies (HAZOP). The software, which is applicable to all major hazard industries, will prompt users to consider risks they may have missed, assist in
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Boosting Productivity in Oil and Gas Operations with AI Innovations
According to EnergyPortal.eu, the oil and gas industry has always been at the forefront of technological advancements, consistently pushing the boundaries of innovation to improve efficiency and productivity. In recent years, the focus has shifted towards digital transformation, with artificial intelligence (AI) playing a crucial role in revolutionizing the sector. AI has the potential to
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Silverwell to deploy digital intelligent artificial lift system to improve Alaskan operator’s production
According to World Oil, Silverwell Technology Inc. has won an exclusive five-year contract with a major independent operator to provide improved production and reduced operation expenditures for 22 new wells in Alaska. Silverwell will deploy its digital intelligent artificial lift (DIAL) gas lift production optimization system in the wells. DIAL is used by operators around
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SLB, Quorum Software introduce digital planning solution for oil, gas field development
According to World Oil, SLB and Quorum Software have introduced a joint digital planning solution, which leverages Quorum’s Planning Space business planning and petroleum economics offering within the FDPlan agile field development planning solution from SLB. The integrated solution enables automatic evaluation of project economics and enhances collaboration to cut the time required for field
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