Here’s a roundup of the latest E&P headlines, including new contract awards and a product launch.
PGS said a Ramform Titan-class vessel is scheduled to commence mobilization in June.
CERAWeek experts say AI will disrupt oil and gas jobs while new opportunities will emerge as the industry braces for an AI-driven workflow transformation.
Experts urge policymakers to learn from the failure to rein in the internet and move quickly to regulate AI.
TGS said the Ramform Sovereign survey vessel was dispatched to the Penyu Basin in March.
Baker Hughes will provide three of its NovaLT 12 gas turbine driven compressor trains for a new gas compressor station in Sulmona, Italy.
EQT Corp.’s Toby Rice said demand for AI could exceed the power demand required to meet U.S. residential demand and jump 20% by 2030, in this Hart Energy Exclusive interview.
AI experts at CERAWeek by S&P Global issued a wake-up call for the energy sector, suggesting AI could help secure critical infrastructure in a hostile geopolitical landscape.
One Equity Partners said TechnipFMC’s measurement solutions business will be rebranded as Guidant and specialize in measurement technology, automation solutions and global systems.
Acteon Group, a U.K.-based subsea services provider serving customers in offshore oil, gas and renewables, was acquired by new private equity backers.