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Baker Hughes scored what it said is among the largest LNG deals it has secured in the past 5 years. The compressors will be installed in Qatar Petroleum’s North Field East LNG trains, boosting Qatar’s total LNG production capacity from 77 mtpa to 110 mtpa.
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A recent panel discussion highlighted the industry’s progress in achieving significant digital advances. Barriers remain, however, and the measurement of success is being defined in this evolving technological step change.
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Equinor awarded multimillion-dollar contracts to Aker Solutions and Wood for work on the oil field in the Norwegian Continental Shelf. It said about 70% of the contracts for the development phase is expected to go to Norwegian companies.
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A state commission has approved a rule that will require companies to monitor emissions from oil and gas sites earlier and more frequently than is currently done as Colorado officials implement a law overhauling how the industry is regulated.
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The pandemic has been an unexpected jolt for the global economy, bringing many industries to a halt. Murphy has taken a step forward into a digital future by designing and implementing a COVID-19 tracking app that is easy to use, quick, and convenient.
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Advances in drone technology and construction have allowed more industrial applications to take off. One application for which drones may be particularly useful is health, safety, and environmental compliance. Similarly, drones may help facilities comply with site security regulations.
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President Trump expanded a ban on exploratory drilling off the coasts of North Carolina and Virginia, his latest extension of an existing offshore drilling moratorium in the Gulf of Mexico.
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The two shale producers are calling it a “merger of equals” and will share management duties once the transaction closes. The combined company aims to become the fourth-largest producer of tight oil in the US.
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The Dutch major said it has filed an application for drilling operations in the North Slope as part of an effort to help attract buyers to 18 leases it purchased rights to in 2012.
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There is a lot of talk these days about transitions. There are technology transitions going on. There are demographic and cultural transitions in the workforce and in society at large. But the one I want to focus on in this column is the so-called “energy transition.”
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Deep learning is routinely used in products and services that affect hundreds of millions of lives, despite the fact that no one quite understands how it works. Now, the Office of Naval Research has awarded a $7.5 million grant to a group of researchers who think they can unravel the mystery.
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“Being mindful is about being intentional,” said Ahmer Inam, chief AI officer at technology consulting firm Pactera Edge. “Mindful AI is about being aware and purposeful about the intention of, and emotions we hope to evoke through, an artificially intelligent experience.”
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