Digital Transformation
The energy sector is rapidly transforming toward a data-driven, decentralized future where combining human expertise with AI and machine learning unlocks new efficiencies, solves complex challenges, and creates a decisive competitive advantage.
AI is transforming oil and gas, but the real change will come from young professionals (YPs) who bridge technology and field expertise. By leading pilots, building networks, and challenging old assumptions, YPs can drive the industry’s digital transformation from within.
By integrating AI into every layer of the energy ecosystem, from renewable forecasting to dynamic pricing, the path toward secure, sustainable, and affordable energy becomes not just possible but achievable.
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One tech company is using a unique approach to building custom apps for the oil and gas business. -
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.
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The BP Statistical Review of World Energy is an institution in the energy world. Who's behind assembling and managing the mountain of data that goes into it?
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A quick look at the term "Fourth Industrial Revolution" and links to related articles.
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Data-driven reservoir modeling is an alternative or a complement to numerical simulation and uses machine learning and data mining to develop full-field reservoir models.
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AUVs aren’t limited to inspections and pipeline surveys. Deployment of a flotilla of AUVs to work on a project, and the communication among them, may someday lead to a subsea Internet of Things.
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Technology that allows researchers to see stress forming inside rock samples may help unravel some of the mysteries associated with fracture behavior.
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Always recorded but almost never used, the water hammer signal could offer completions engineers another set of insightful data if petroleum engineers can crack its code.
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IoT is the next step in the evolution of the oil and gas industry. Changes have already begun in the field installations, in the corner office, and across the oil and gas value chain.
