Digital Transformation
News
April 18, 2024
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.
News
April 17, 2024
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.
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.
Article
March 2024
Late-life assets present a myriad of challenges that operators must tackle to ensure continued safety and integrity. Robust data management strategies play an increasingly pivotal role in optimizing asset performance in mature assets to ensure economic viability.
Article
March 2024
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.
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.
Article
February 2024
A new AI-driven solution provides insights that enable rig personnel to act earlier and more confidently, reducing risks and improving well delivery.
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.
