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Researchers have created software that borrows concepts from Darwinian evolution, including “survival of the fittest,” to build AI programs that improve generation after generation without human input.

An AI-based application enabled operators to preempt ESP failures while optimizing production.

Artificial intelligence systems can be trained to recognize visual content in drawings and provide a simplified context. The complete paper highlights the use of AI to process a scanned drawing and redrawing it on a digital platform.

Artificial intelligence is already part of the work done in an office near you, and, before you know it, it will be in your office as well. Gaining familiarity and an understanding of it will serve you well.

Time-stamped data anomalies can lead to more-accurate identification and faster diagnosis.

Rystad Energy's analysis shows the decline is in contrast to $170 billion worth of tenders awarded in 2019. Tender activity is expected to show marginal recovery in 2021, reaching about $74 billion.

The Offshore Technology Conference announces the 2020 recipients of the Spotlight on New Technology Award. Eighteen technologies from 14 companies from around the world will be awarded this year, including six companies that will be recognized for the Spotlight on Small Business Award.

As the world’s top oil producers prepared for a weeklong meeting in April to plan a response to slumping prices of crude, espionage hackers commenced a sophisticated spearphishing campaign that was concentrated on US-based energy companies.

Malaysia’s push to explore energy blocks off its coast has turned into a five-nation face off involving US and Chinese warships, raising the risk of a direct confrontation as broader tensions grow between the world’s biggest economies.

What will the landscape of this industry look like when the dust of the current price crash settles? The business will realign, as it always does. This may bring big changes to the future of technology development.