Data & Analytics
Schneider Electric says the deal advances its vision of creating intelligent industrial ecosystems that connect physical assets with digital insights across the asset life cycle.
With the latest addition, the Italian major’s computational capacity passes the exaflop threshold, making the firm the world’s leading company by computing power in the new TOP500 global ranking.
This case study describes how edge computing and industrial internet of things platforms were deployed to automate and optimize production operations across four distinct basins.
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The pilot used sensor technology originally deployed by NASA for the Mars Curiosity Rover to collect methane emissions data live-streamed from a drone. BP said it plans to deploy the technology to all of its North Sea assets, including ETAP and Glen Lyon, in 2020. -
Equinor Technology Ventures and OGCI Climate Investments have agreed to back the tech developer, which integrates its SeekIR miniature gas sensors onto drones to detect, localize, and quantify carbon emissions.
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Blending smart-proxy models with data-driven models to create hybrid models is not always the best idea for physics- and engineering-related applications.
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Equinor is working on a natural language processing tool that could combine data sources and help planners anticipate the issues that affect onsite operational safety.
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The company has proposed the Probabilistic Digital Twin to close the gap between digital twins—used increasingly by operators to manage the performance of their assets—and risk analysis still largely conducted manually before assets enter service.
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Even the most powerful computers are still no match for the human brain when it comes to pattern recognition, risk management, and other similarly complex tasks. A new approach, however, could enable parallel computation with light, simulating the way neurons respond in the human brain.
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At least a half dozen energy data firms are offering satellite imaging of the 75,000-sq-mile oil field to provide intelligence to energy companies on activities including the appearance of drilling pads and hydraulic fracturing ponds and the movements of drilling rigs and crews across the Permian.
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The nascent technology uses a new way to store, process, and measure information in computer systems. It is expected to introduce drastic changes in the development of technology, the discovery of algorithms, and the advancement of computer architectures.
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Visually displaying data makes it much more accessible, and this is critical for identifying the weaknesses of an organization, accurately forecasting trading volumes and sale prices, and making the right business choices.
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Artificial intelligence tools present many opportunities for the energy industry, and, as technological concepts leave the realm of science fiction, companies have started to grasp what is possible. What roles do culture and ethics play in helping companies understand the digital revolution?
