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.
Morgan Stanley Backs Data Center Builder as AI Fervor Grows
Morgan Stanley Infrastructure Partners (MSIP) is backing data center developer Flexential as demand for AI and high-performance computing grows.
Exclusive: Embracing AI for Precise Supply-Demand Predictions
Dak Liyanearachchi, the CTO with NRG, gives insight on AI’s capabilities in optimizing energy consumption and how NRG is making strides to manage AI’s growth, in this Hart Energy exclusive interview.
Amazon, Dominion Energy Form Small Modular Reactor Pact
Dominion Energy and Amazon’s agreement to advance nuclear development was one of several moves made by Big Tech lately to advance lower carbon energy technologies.
EY: How AI Can Transform Subsurface Operations
The inherent complexity of subsurface data and the need to make swift decisions demands a tailored approach.
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.
AI: Herald of New Shale Age or Last-ditch Effort to Save Industry?
AI’s ability to optimize may usher oil and gas into a new age—or simply improve on past unconventional recovery methods—depending on who you talk to.
Exclusive: EQT Set to Benefit from AI Growth in Appalachia
An ample supply of natural gas is available in Appalachia, making it a perfect place for AI data centers to settle down and take root. EQT plans on pouncing on the opportunity, said Will Jordan, EQT's executive vice president and general counsel, at Gastech 2024.
AI—Just One More Ball for Energy Sector to Juggle
AI is yet another challenge for the energy sector to juggle, but if used carefully, could be transformative for the industry, experts discussed during ATCE 2024.
APA, Palantir Expand Partnership to Deploy New AI Across E&P Operations
APA Corp. will introduce new AI capabilities to its oil and gas operations with Palantir Technologies’ Artificial Intelligence Platform (AIP) software.