DSDE: In the Industry
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Weatherford International plc announced a strategic agreement with Amazon Web Services (AWS) to advance the company's digital transformation and drive innovation across the energy sector.
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The companies completed a technical assessment of the technology for use with floating production, storage, and offloading vessels.
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The USV Challenger will be remotely controlled from shore and will be equipped with multiple autonomous features.
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After a successful trial phase of ENERGYai, AIQ has been tapped to roll out the technology across ADNOC’s upstream operations.
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Weatherford and AIQ say they aim to enable the energy sector to unlock efficiencies, boost productivity, and reduce operational costs by combining their strengths.
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Terra Drone will support Aramco's operations and Saudi Arabia's technological and economic progress.
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The company said that adding Altair technology to its Xcelerator open digital business platform will create the world’s most complete AI-powered portfolio of industrial software.
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The Louisiana contractor is buying Kystdesign for an undisclosed sum, expanding its underwater vehicle business.
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The technology, which uses Industrial Internet of Things components, aims to reduce the costs and improve the safety of drilling operations.
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Although 92% of energy companies say they plan on digital technology investments, only 27% currently retrain and reskill existing employees to meet the upcoming demand, according to a recent survey from Ernst & Young.
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