WorldOil DNV GL seeks to close gap between risk analysis and “digital twins” DNV GL proposes the “Probabilistic Digital Twin” (PDT) to close the gap between digital twins – used increasingly by operators to manage the performance of their assets – and risk analysis still largely conducted manually before assets enter service. Halliburton Landmark introduces DecisionSpace 365 cloud applications at annual innovation forum Halliburton released ten new DecisionSpace 365 EandP cloud-native applications that leverage advances in digital technology to help operators reduce exploration risk, improve reservoir characterization and boost drilling efficiency. Schlumberger deploys its DELFI cognitive EandP environment for Woodside Energy Woodside will leverage this secure cloud-based software environment to increase consistency, reduce study cycle time and foster innovation in its subsurface characterization and development activities. Weatherford automated connection integrity system reaches deployment milestone Weatherford’s Vero automated connection integrity system, which applies artificial intelligence to validate well integrity and minimize safety risks, has completed 15,000 tubular connections in 50 operations worldwide since its market debut. Saipem Sonsub begins final tests on industry’s first underwater intervention drone Saipem Sonsub has launched its Hydrone-R underwater intervention drone to start endurance and qualification tests prior to its commercialization by year’s end. BHGE, announce JV to deliver AI solutions across the oil and gas industry Baker Hughes, a GE company and today announced a joint venture agreement that brings together BHGE’s fullstream oil and gas expertise with’s unique AI software suite to deliver digital transformation technologies that will drive new levels of productivity for the oil and gas industry. Globally-renowned tech futurist joins WFS Technologies team A globally-renowned technology evangelist who focuses on emerging trends and their impact on business and wider society has joined the team at WFS Technologies, a subsea wireless automation, Internet of Things (IoT) and edge computing networks company for the energy industry including oil and gas and offshore wind. Schlumberger selects Google Cloud as a preferred cloud provider Schlumberger has announced that it has renewed and significantly expanded its agreement with Google Cloud to develop cloud-native EandP applications to help its customers derive actionable insights from data and harness the power of Google’s cloud infrastructure and artificial intelligence (AI) capabilities. DNV GL develops machine learning solution for faster, more accurate mooring line failure detection DNV GL has developed a solution that reduces the risk of offshore floating vessel mooring line failure going undetected by replacing physical sensors with a machine learning algorithm that accurately predicts line failure in real time. TGS launches AI platform and data management solution for major IOC TGS’ Data and Analytics Business Unit, formed at the end of 2017 and designed to revolutionize understanding of the subsurface using artificial intelligence, is announcing three major milestones.