C3 AI

With so much volatility in the sector, acutely felt by many western consumers, how are intelligent work flows enabling the shift toward alternatives?

C3 AI reported that the oil major has hit the milestone of 10,000 pieces of equipment being monitored by its predictive-maintenance artificial intelligence.

Shell, C3 AI, Baker Hughes, and Microsoft have teamed up to launch the Open AI Energy Initiative platform that is designed to present AI-based reliability applications to improve operational efficiency.

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 joint offerings are expected to help make energy operations safer, cleaner, and more efficient.

The artificial-intelligence application BHC3 Reliability provides early warning of production downtime and process risk to improve operational productivity, efficiency, and safety.

Baker Hughes is still a GE company, but it has partnered with a second company for artificial intelligence expertise, C3.ai. The deal is expected to speed the integration of AI into oilfield operations by the company which also markets GE’s device analytics platform, Predix.

Baker Hughes, a GE company, (BHGE) and C3.ai announced a joint venture agreement that brings together BHGE’s fullstream oil and gas expertise with C3.ai’s unique artificial-intelligence software suite to deliver digital transformation technologies and drive productivity for the oil and gas industry.