Companies Hop on Digital Twins, AI Trends to Transform Day-to-day Processes
A big trend for oil and gas companies is applying AI and digital twin technology into everyday processes, said Kongsberg Digital's Yorinde Lokin-Knegtering at Gastech 2024.
E&P Highlights: Oct. 21, 2024
Here’s a roundup of the latest E&P headlines, with a large contract announced offshore Gulf of Mexico and strategic partnerships aimed at optimizing oilfield production.
Enbridge Embraces AI to Advance Operations with Microsoft Tools
Enbridge, which has been at work on a software modernization project since 2020, is collaborating with Microsoft for improvements to efficiency and emissions reductions.
SLB Launches New GenAI Platform Lumi
Lumi’s machine learning capabilities will be used to enhance SLB’s Delfi digital platform offering for better automation and operational efficiencies.
E&P Highlights: Sept. 16, 2024
Here’s a roundup of the latest E&P headlines, with an update on Hurricane Francine and a major contract between Saipem and QatarEnergy.
No Good Vibrations: Neo Oiltools’ Solution to Vibrational Drilling Problems
Vibrations cause plenty of costly issues when drilling downhole, but Neo Oiltool’s NeoTork combats these issues, enhancing efficiency and reducing costs.
Weatherford Announces Acquisition of Technology Company Datagration
The acquisition gives Weatherford International digital offerings for production and asset optimization and demonstrates its commitment to continuously driving innovation across its technology portfolio, the company said.
E&P Highlights: Sep. 2, 2024
Here's a roundup of the latest E&P headlines, with Valeura increasing production at their Nong Yao C development and Oceaneering securing several contracts in the U.K. North Sea.
Artificial Lift Meets Artificial Intelligence, with Hit and Miss Results
Oxy and Chevron are among companies trying to find the sweet spot between data analytics and machine learning with human intervention to optimize production and predict failures before they happen.
Salunda, Intellilift Enter Pact to Optimize Automation in Well Construction
The agreement was signed following a successful pilot trial integrating Intellilift’s digital technologies with Salunda’s patented camera and wearable red zone monitoring solutions on a drilling rig.