SLB

Egypt Upstream Gateway, a national project for digitizing subsurface information and delivering a digital subsurface platform, will build on Schlumberger’s GAIA digital subsurface platform.

The two oilfield service leaders serve as critical bellwethers for the health of North America’s upstream sector, which is under pressure to consolidate and generate free cash flow.

The most read stories reflect interest in the digital transformation, the energy transition, and shale operations.

Schlumberger and Dataiku have entered into an exclusive technology partnership that will enable companies in the exploration and production industry to build and deploy their own artificial intelligence solutions across the full breadth of their upstream work flows.

Through collaboration, innovative technologies, and digitization, the newly formed alliance hopes to transform conventional intervention operations with clear targets of propelling hydrocarbon production on new and existing assets on the Norwegian continental shelf.

The two largest oilfield services firms grapple with a worsening North American land market.

Saudi Aramco, BP, and Schlumberger pride themselves on staying at the forefront of digital technology development and deployment. But an equally daunting challenge for the industry heavyweights is keeping their ever-expanding digital systems secure.

The combination of digital technologies will enable Chevron—and, eventually, other companies—to process, visualize, interpret, and glean insights from multiple data sources, the companies said.

The planned collaboration is expected to provide analytics-ready data from IHS Markit that would be directly accessible from the GAIA platform.

In his first public appearance, Schlumberger’s new CEO said the company would focus on digitalization and restructure some operations.