Digitalization is Drawing CCS a New Learning Curve
Digital solutions are accelerating the progress required to ensure CCS earns its place in climate change mitigation history.Carbon capture has been around since the 90s, but the behavior of CO2 in pipelines is still not that well understood. A lack of suitable…
Ten Things to Consider When Choosing Your Digital Twin Provider
Kongsberg Digital’s Brian Sidle identifies the top ten things to consider when choosing a provider for cloud-based digital twins in the energy sector.The energy sector’s heavy asset operators stand to benefit greatly from a cloud-based digital twin, but successful…
Stepping on the Gas: Rochester Researchers Team to tackle Methane Emissions
With global temperatures rising, oceans warming and ice caps melting, carbon dioxide attracts the bulk of the blame throughout media, public discourse and academia. All too many—save some scientists and researchers—neglect methane, the second biggest greenhouse gas that’s influenced by human activity.
Watch the Webinar: How oil & energy firms can gain a competitive advantage by embracing the digital future
Watch the Webinar There is an increasing expectation that oil and gas firms can demonstrate their value and efficiency through more data-centric processes, managing costs, and reacting more quickly to changing market conditions.While the sector has typically been slow to adopt digital innovations…
Carnival, Wärtsilä Cooperate on Fleet Decarb Program
Wärtsilä will deliver its new Decarbonization Modelling Service to Carnival Corporation as the cruise group aims to reduce greenhouse gas emissions across its fleet.Initially tasked with establishing an optimal decarbonization path for the cruise ship Regal Princess…
Digitalization: Trust - The Keystone for Digital Transformation
The slowdown of the world economy and plummeting energy consumption have eclipsed most other industry news. Oil exporting countries are coming to terms with limiting production to sustain reasonable prices, and operators are looking for ways to improve efficiency.
Enabling AI in E&P
Oilfield services company Schlumberger and software firm Dataiku have teamed up to enable the exploration and production (E&P) industry to build and deploy their own artificial intelligence (AI) solutions across the full breadth of their upstream workflows…
Worley and Arundo Launch The Data Refinery
Engineering, procurement and construction firm Worley and software company Arundo have come together to launch The Data Refinery, a hub for applied data science and machine learning solutions in the energy, chemicals and resources industry.The Data Refinery aims to bridge the gaps among operations…
Schlumberger Debuts At-bit Steerable System
Schlumberger Introduces At-Bit Steerable System for Drilling Horizontal Wells in a Single RunNeoSteer at-bit steerable system design integrates a unique cutting structure and steering mechanismsSchlumberger introduced today the NeoSteer at-bit steerable system…
GreenSteam Acquires BMT Smart
Denmark-based GreenSteam, a majority owned company of BP, has acquired BMT’s data collection and performance optimisation subsidiary UK-based firm SMART. The marine efficiency software solutions provider is reputable in leveraging Machine Learning methodologies…
Woodside to Implement Schlumberger's DELFI
Australia's largest oil and gas operator Woodside Energy will leverage Schlumberger's DELFI cognitive cloud-based software environment in an effort to increase consistency, reduce study cycle time and foster innovation in its subsurface characterization and development activities…
BP Invests in New AI Technology
BP has invested further in artificial intelligence (AI) technology as part of an effort to accelerate project lifecycles, from exploration through to reservoir modeling.The super major announced Monday that its technology investment arm BP Ventures has infused…
DNV GL Unveils Renewable Energy Data Platform
DNV GL is launching GPM Horizon, a data monitoring platform with full integration of current and future renewable energy systems including solar PV, wind and energy storage assets. GPM Horizon enables future-proof fleet management by bringing digitalization…
RigNet Closes Intelie Acquisition
RigNet, Inc. announced it has completed its acquisition of Intelie, developer of a technology platform for real-time predictive analytics that is an early pioneer in real-time machine learning and planning optimization. The closing was effective March 23, 2018.
BMT Rolls Out New Big Data Product: BMT Deep
BMT has introduced BMT Deep, an advanced interactive asset data platform designed to deliver deeper insights for enhanced offshore asset performance management. “With 20+ years practical experience of working with marine structures, we have developed a platform that can monitor…
Ketelaars Takes the Lead for DNV GL - Oil & Gas in the Americas
Frank Ketelaars took up the position of Director of Region Americas in DNV GL – Oil & Gas on 1 October, as North America’s energy system undergoes a transition. DNV GL’s recently published Energy Transition Outlook shows significant shifts in US federal energy and climate change policies.
Big Oil turns to Big Data for Drilling Economies
In today's U.S. shale fields, tiny sensors attached to production gear harvest data on everything from pumping pressure to the heat and rotational speed of drill bits boring into the rocky earth. The sensors are leading Big Oil's mining of so-called big data…
Statoil's Digitalization Drive
Statoil is establishing a digital center of excellence and launching a roadmap with seven specific programs for digitalization in the company towards 2020. Towards 2020 Statoil expects to invest $120 to $240 million in new digital technologies, accelerating the digital roadmap work.
Kongsberg Launches Kognifai
Kongsberg has announced the launch of Kognifai, its open and collaborative digital platform that places a portfolio of applications into the cloud. Kognifai focuses on optimizing data access and analysis for customers across maritime and energy industries,…
Kraken, Square Robot Form Robotics Partnership
Kraken Sonar Systems Inc., a wholly-owned subsidiary of Kraken Sonar Inc., has signed a strategic partnership agreement with Square Robot, Inc. for the design, manufacture and support of advanced sensors and robotic systems for confined area inspection applications used by the worldwide oil and gas industry.
