February 15, 2024
Palantir’s Foundry Platform and Artificial Intelligence Platform (AIP) will be deployed in a three-year agreement to help Bapco Upstream maximize its return on investment on energy production in the country and support its mission to connect the energy infrastructure of the Kingdom of Bahrain in an unprecedented way.
SLB partners with Geminus AI to deploy oil and gas industry’s first physics-informed AI model builder
January 10, 2024
The Geminus model builder fuses physics-based approaches with process data to produce highly accurate AI models that can be deployed at scale, far faster and at much less cost than traditional AI approaches.
November 12, 2023
LightOn's AI targets industrial applications through the use of their generative AI Paradigm platform, while CGG's outcome-driven, highly optimized and sustainable approach to industrial HPC, based on its proprietary immersion cooling technology and use of 100% renewable energy, is well proven in the energy industry.
October 26, 2023
The RoboWell system utilizes real time data to continuously react to changing oil field dynamics, to optimize production processes, as well as ensure operation within safety parameters to minimize well instability and reduce the risk of stoppages or other incidents.
ADNOC, SLB, AIQ accelerate oil, gas industry digital transformation with AI-driven reservoir analysis solution
October 26, 2023
The Advanced Reservoir (AR) 360 solution drives optimization within upstream oil and gas exploration and operations, enabling greater efficiency and reducing operational energy use and emissions.
October 16, 2023
While at SPE Offshore Europe last month in Aberdeen, Scotland, World Oil had a chance to visit with two of DNV’s section heads handling various aspects of the digital side of upstream oil and gas. What follows are some highlights of that visit and specific projects that DNV is undertaking.
October 16, 2023
Flowco Production Solutions announced the immediate availability of the APEX Multi-Well Controller, giving oil and gas operators more precise monitoring and control technology to optimize their well pads for gas-lifted, plunger-lifted, and GAPL (gas-assisted-plunger-lift) assets.
Applying Gen AI for Drilling Optimization: Insights from a Real-World Implementation
October 18, 2023
Drilling Activity generates a significant amount of data. This data is typically captured across a variety of sources such as time and depth series data from geological surveys and drilling operations, unstructured data from End of Well reports, and structured data from internal IT systems. To date, synthesizing this data into a usable format and generating actionable insights has been a challenge. In this talk, we present results from a fielded Gen AI solution that synthesizes data from our historic drilling wells in Romania and provides a natural language interface for drilling experts to interact with. Additionally, it provides recommendations for optimizing well design and performance parameters based on past results. Our goal is to reduce project costs by streamlining information discovery and improve decision accuracy by leveraging data-backed insights.
September 28, 2023
Amazon Web Services, Inc. (AWS) announced five generative artificial intelligence (AI) innovations, so oil and gas organizations of all sizes can build new generative AI applications, enhance employee productivity, and transform their businesses.
September 27, 2023
PetroVisor has already effectively integrated multi-source production and well testing data from fifty wells, resulting in enhanced production estimates, streamlined back allocation processes, and predictive insights powered by automated Decline Curve Analysis.
September 25, 2023
The PulseStar service uses telemetry for remote operations to minimize human interaction and enhances on-bottom drilling time.
September 21, 2023
Huawei's intelligent E&P solution integrates high-performance computing, massive data storage, AI exploration models, and collaborative scheduling of software and hardware resources.
September 05, 2023
INEOS Energy will partner with SLB’s Performance Center in Aberdeen to collaborate and innovate subsurface technologies, including AI capabilities, to help it drive operational performance for continued growth, new acquisitions, and carbon capture and storage (CCS).
August 24, 2023
Globe combines proprietary computational modelling and AI-led machine learning techniques with Getech’s geoscientific expertise to deliver a unique Earth model that enables its customers to identify new resource exploration opportunities.
PETRONAS, Microsoft, Cegal partner to accelerate upstream digital innovation with artificial intelligence
August 18, 2023
The collaboration will see the construction of the Microsoft Azure High-Performance Computing (HPC) AI infrastructure platform to support and scale a wide array of applications that would optimize PETRONAS Upstream’s operational efficiency.
August 09, 2023
As part of the collaboration, the two parties will work together to pilot and test AI solutions to discover viable applications and use cases that can create value across multiple business verticals in the energy sector on a global scale.
Integrating AI and Rig Automation to consistently drive high-performance drilling efficiency across operations
September 06, 2023
Corva and Nabors Industries
Discover how Nabors Industries and Corva are transforming the drilling industry with data and automation in this exclusive webinar. Nabors Industries is a global leader in drilling and rig services, and Corva is a pioneer in real-time drilling analytics. Together, they have developed cutting-edge solutions to optimize drilling performance, enhance safety, and reduce environmental impact. In this webinar, you will learn about the current trends, challenges and opportunities in the global oil market, and how Corva and Nabors can help you achieve your drilling goals with data, cloud computing, and artificial intelligence.
July 25, 2023
The software, which is applicable to all major hazard industries, will prompt users to consider risks they may have missed, assist in answering questions and provide guidance on good practice as well as past incidents with relevant learnings.
Automation is a key component to reducing the carbon footprint of operations and increasing drilling efficiency. Using A.I.-driven power management systems optimizes power usage while minimizing fuel consumption and carbon emissions.
Vision AI solutions for the upstream industry combine the latest AI, 5G, and Edge technologies for rapid visual data curation, proactive remote monitoring, continuous tracking, and automated alerting for solutions scaled across E&P sites and facilities.
May 11, 2023
The state-of-the-art subsea platform, an unmanned underwater vehicle ("UUV") with advanced artificial intelligence, sensing capabilities, and more can perform a growing number of jobs without hazarding human divers.