DSDE: In the Industry

Two firms have announced new partnerships to perform unmanned-aircraft-systems-based missions for oil and gas clients in the US and abroad.

Equinor is using its digital transformation to be more sustainable. “It’s not just about running a smarter business," said Bjorn Otto Sverdrup, Equinor's senior vice president of sustainability. "It’s also about running a more sustainable business.”

The Scottish company will roll out its X-PAS predictive analysis service on CNOOC’s Buzzard, Golden Eagle, and Scott platforms on the UK Continental Shelf.

The large independent put together a team of data scientists, software developers, and petrotechnical staff to create a forward-looking vision for how to use digital technology to solve problems.

ForeSite users will be able to create and visualize customized data reports or select from a series of built-in visualization dashboards and reports that monitor key performance indicators and identify production optimization opportunities.

The greenfield data center will be located adjacent to Gore Hill Data Center, an existing data center in Keppel DC REIT's portfolio.

Digital is replacing manual at Sanchez Oil & Gas. Since its implementation in 2017, the company’s Production Maintenance Tracker application has been transforming its operations management by bringing together all the assets, departments, and routes into one hub.

The company's new 3D-inversion visualization process enables precise geosteering and accurate well placement.

Shell is continuing its exploration of blockchain with yet another investment in the technology, this time investing in LO3, a startup using a modified version of the Ethereum blockchain to make it easier for individuals to buy and sell locally produced energy.

Firms such as Netflix have had a solid digital transformation strategy. Now, industrial companies, including in the oil and gas sector, are on a similar, if less dramatic, trajectory.