Asset/portfolio management
Two examples from ONGC show how supervised AI-driven automation scaled well modeling across hundreds of offshore wells, saving more than 1,000 engineering hours.
Examples demonstrate how an Integrated Operations Center as a Service (IOCaaS) model, powered by artificial intelligence, reduced costs by 5% and increased production by 6% in Canada.
Equatorial Guinea government formalizes deal that paves the way for Block I development.
-
ExxonMobil's departure leaves BP and Shell as the last international oil companies in Iraq. -
The UK supermajor is selling off its Sunrise oil sands stake for cash, interest in the undeveloped Bay du Nord complex off Newfoundland.
-
Shell’s revised Jackdaw development plan has been approved by regulators who had rejected its original plan last year.
-
The new, larger vessels are all part of the UAE’s ambitious LNG expansion plans, which also include a new plant in Fujairah.
-
The project partners and government came together to salvage the stalled East Canada offshore project now due to produce first oil in 2026.
-
The Internet of Things company plans to broaden its reach into the oil and gas industry with its acquisition of Hiber.
-
The US has extended Chevron’s waiver to maintain its assets in sanctioned Venezuela through the end of November 2022 under the same limited terms as the previous extension.
-
The exit comes after Equinor's presence of more than 30 years with the transfer of its interests in joint ventures to Rosneft and its stake in the Kharyaga PSA to operator Zarubezhneftegaz.
-
The Barents Sea is the gift that keeps on giving for Equnior which has made its 10th sizeable discovery within the same license area.
-
SponsoredGain deeper insights on your system and its performance. Use integrated modeling to explore the effects of changing conditions and equipment to avoid unplanned downtime.
