Digital Transformation ///

Gazprom Neft establishes digital development JV for Russian, global markets

The development strategy for the new joint venture is aimed at addressing the challenge of digitally transforming the oil and gas sector through the application of Industry 4.0 technologies.

Emerson introduces real-time corrosion interpretation and analysis system

Emerson has introduced The Plantweb Insight Inline Corrosion application to provide the oil and gas industry real-time interpretation and analysis of critical data that helps prioritize maintenance and make informed integrity decisions.

Texas A&M researchers create advanced drilling advisory system that opens door to autonomous drilling

The U.S. Department of Energy Small Business Innovation Research Program has awarded a Phase I grant to E-Spectrum Technologies and Dr. Eduardo Gildin, associate professor in the Harold Vance Department of Petroleum Engineering at Texas A&M University, to create an advanced advisory system that accurately depicts underground conditions in real time during drilling operations.

Lloyd’s Register’s certification validates Wärtsilä Marine’s cyber security measures

Wärtsilä has been awarded Lloyd’s Register system-level cyber certification for its network architecture relating to Wärtsilä’s integrated main and auxiliary machinery.

ABB and Equinor sign major frame agreement for global oil and gas operations

ABB has signed a new frame agreement to deliver safety and automation systems across Equinor’s installed base and greenfield projects worldwide, helping minimize cost, schedule and risk.

Energy e-business professional group PIDX weclomes new member

As a member of PIDX, ChaiOne will have an active role in the development of standards, contributing to industry-wide solutions for buyer, supplier, and API networks at all stages of adoption and improvement of digital integration.

Equinor inks new safety and automation system framework for Norwegian operations

A new compensation format will help improve efficiency as Equinor awards new framework agreements for safety and automation systems with five suppliers.

Schlumberger and Dataiku partner to offer enterprise-scale artificial intelligence

The partnership will deliver unprecedented capabilities to petrotechnical domain experts in response to global demand for AI, bridging the gap between machine learning and domain expertise to enable better insights.

Shell and Rice University partner on hydrocarbon-based zero-emissions technologies

Rice University has launched Carbon Hub, a major research initiative to create a zero-emissions future in which oil and natural gas provide both clean energy and advanced materials that help house, move, clothe and feed people.

Is mining Bitcoin the solution to end gas flaring?

A Denver-based company that installs data centers at shale drilling sites to take advantage of excess natural gas supplies says it now has eight operations across the U.S. and plans another 30 in the first half of next year.

L.E.K. Consulting: Best practices in advanced data science - lessons for the oil and gas industry

Delivering sustained business value from digital technologies--particularly AI--requires good problem formulation, data readiness, expertise availability and organizational enablement.

Chevron Technology Ventures invests in Infinitum Electric as part of its low-carbon initiative

“Infinitum’s mission aligns well with our goals for the Future Energy Fund,” said Barbara Burger, President, Chevron Technology Ventures.

Total E&P Denmark awards Emerson wellhead monitoring technology contract

Total E&P Denmark has awarded Emerson a contract to provide wellhead pressure monitoring technology to enhance safety during the multi-year redevelopment project to extend the life of Denmark’s biggest gas field.

Executive viewpoint

Thorbjoern Fors, Siemens

Digital transformation holds the key to addressing global energy challenges

Wärtsilä’s digital route optimization system to be deployed on 600+ vessels

The Wärtsilä Fleet Operations Solution integrates individual processes that are otherwise separate from each other to optimize the planning, weather routing, fuel consumption, and speed of a vessel.

ADNOC, Honeywell embark on one of the industry’s largest predictive maintenance projects

Under the terms of a 10-year partnership agreement, ADNOC will utilize Honeywell’s state-of-the-art asset monitoring and predictive analytics platform to maximize asset efficiency and integrity across ADNOC’s upstream and downstream operations.

Wärtsilä Expert Insight adds AI capabilities to predictive maintenance

The system enables customer support to be delivered proactively by Wärtsilä Expertise Centres to ensure long-term accurate insight for their predictive maintenance strategies.

Rockwell Automation joins Accenture, Microsoft, PTC, ANSYS, and EPLAN to simplify digital transformation

The new Digital Partner Program streamlines industrial IoT implementations by connecting customers to digital expertise and solutions from market leaders.

Worley and Arundo launch The Data Refinery as a hub for advanced energy analytics

The Data Refinery's focus is to bridge the gaps among operations, data science and information technology to help industrial companies transform their businesses through data-driven decisions.

Rockwell Automation and Accenture Industry X.0 join to create digital solutions for industrial clients

By providing customers with a single, trusted provider of digital solutions, the collaboration will enable clients to more effectively leverage the Industrial Internet of Things (IIoT) and ultimately drive measurable growth outcomes.