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The service company and independent verifier are aiming to develop a methodology for qualifying the integrity of digital twins, which they say will help level the industry’s varying technical definitions of, and expectations towards, the technology.

With recent advances in AI being enabled through access to so much big data and cheap computing power, there is incredible momentum in the field. Can big data really deliver on all this hype, and what can go wrong?

Located offshore the city of Batangas, approximately 2 hours south of Manila, the Luzon LNG project will include a fully integrated turnkey FLNG terminal, arranging the necessary supply of LNG and distribution of natural gas across the island of Luzon.

Nanotechnology has great potential to reduce cost, increase production, and even improve the sustainability of E&P operations. But, where do we stand in terms of potential vs. reality? And, is the industry ready and willing to use the technology?

Speaking on the final day of ATCE 2019 in her home province of Alberta, Shauna Noonan unveiled the theme of her 2020 SPE presidency, “SPE Strong: Strengthen the Core.”

Aker BP expects the unmanned facility, a further development of the Valhall field in the Norwegian North Sea, to recover 60 million BOE. Startup is expected sometime this fall.

The hybrid power technology cuts fuel consumption and boosts the dynamically positioned rig’s station-keeping reliability, the drilling contractor says.

The $43-million deal with Saipem will utilize a wireless underwater intervention drone and an ROV for intervention work on the Njord field in the Norwegian North Sea. Equinor said the contract is the first ever from an operator for advanced wireless drone services.

The current M&A market is characterized by an increase in private capital, geographical diversity, and a variety of transaction types, including joint ventures and royalty deals.

Most of you know the value of data in safety management systems. However, a lot of safety management systems mainly show the number of incidents or days without injuries. To really start adding value to the company, it is important to analyze the data and find out where important trends are.