Digital Transformation
As the energy sector rapidly evolves to address climate change, tools such as the En-ROADS Climate Solutions Simulator are essential for young professionals seeking to understand the complexities of the transition and make informed, impactful decisions.
Artificial intelligence is transforming—not replacing—petroleum engineering. As AI-driven, data-centric methods replace traditional deterministic models, engineers must adapt by acquiring skills in data science, algorithmic thinking, and software tools. The industry’s evolution raises a critical question: Will petroleum engineers evolve with these changes or risk beco…
Digital transformation in the oil and gas industry is likened to a major home renovation—requiring a clear vision, skilled collaboration, patience, and investment in lasting solutions. Though the process is challenging, the end goal is an improved, future-ready operation.
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More than 400 students from 20 SPE student chapters across the US, Mexico, and Canada gathered at the annual SPE North America Student Symposium (NASS) held at Louisiana State University in Baton Rouge during 21–24 February. -
The fourth industrial revolution, or Industry 4.0, has the potential to disrupt every industry, including the oil and gas industry through large-scale automation, robotics, artificial intelligence, and big data analytics. Young professionals (YPs) will be the main engine responsible for the development of many Industry 4.0 technologies in the oil and gas industry. Thi…
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NUS Engineering is working on a hybrid UAV, which combines the features of a helicopter and an airplane.
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Statoil's Acting head of Digital Centre of Excellence shares the company's digital road map.
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The data science, machine learning, and artificial intelligence fields do have a great deal of overlap, but they are not interchangeable.
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BHGE shared its plans for the integration of its services, products, and digital platforms for upstream to downstream applications.
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R&D may be the key to the survival of companies as the new economics of the industry take hold.
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One tech company is using a unique approach to building custom apps for the oil and gas business.
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MIT News Office, 7 September. IBM and Massachusetts Institute of Technology (MIT) recently announced that IBM plans to make a 10-year, $240 million investment to create the MIT-IBM Artificial Intelligence (AI) Lab in partnership with MIT.
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No longer considered a buzz phrase, cloud computing has made converts of the largest oil companies, and now the smaller ones are next.
