DSDE: In the Industry

The data-driven maintenance program incorporates riser condition, usage, and fatigue analysis with a risk-based inspection process.

The application continuously uses machine-learning algorithms to aggregate historical and real-time data across production operations. Additionally, the application uses a hybrid approach that draws on physics-based and data-driven AI models to generate predictions and prescribed actions.

The national oil company has bought $5 million in new shares, which Vakt says will be used to upgrade its platform and plan for expansion in Southeast Asia.

A ministerial decree in Indonesia has set the data model from the Professional Petroleum Data Management Association as the country's industry standard for upstream oil and gas data.

A telecommunications company is looking to bring better wireless connectivity to the oil and gas industry, expanding its network to offer wireless data in the Permian Basin and three other oil and gas regions.

Despite having some of industry’s most hazardous working environments, a sector that pioneered the adoption of digital technology has been slow to exploit artificial intelligence and machine learning in the area of health and safety.

BP says it will supply Amazon Web Services with 170 MW of renewable energy, the equivalent of powering 125,000 homes each year.

Telecommunication companies will spend the next 12 months rolling out 5G service for cell phone users across the United States while a Houston company seeks to become the first to provide the ultrahigh-speed technology to oil and gas industry customers in the Permian Basin.

Innovating internal systems at Exxon inspires executives to create a forum for the oil and gas industry.

Schlumberger and Dataiku have entered into an exclusive technology partnership that will enable companies in the exploration and production industry to build and deploy their own artificial intelligence solutions across the full breadth of their upstream work flows.