Digital Transformation
The company is investing $1 billion to establish the Engineering and Innovation Excellence Center (ENGINE) in Bengaluru, India.
Subsurface modeling and history matching are critical steps for driving decisions. Generative artificial intelligence can support these efforts by incorporating various sources of information and allowing for low-dimensional parameterization for history matching.
Join TWA Editorial Board member Mani Bansal as he interviews Ashish Fatnani, an industry professional with 12 years of experience working for companies including Halliburton, ONGC, and Mercedes Benz.
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Greg Leveille said he is optimistic that the shale sector will be able to bounce back from its second downturn in 5 years. The trick this time, he says, will be not just investing in new digital technologies but putting them to work. -
While the façade painted by IIoT and data-driven processes is one of an environment that is heavily guided by computers, it actually calls for an evolved workforce that is able to use the data to enhance design and decision-making skills.
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The Offshore Technology Conference was cancelled for the first time ever due to the COVID-19 pandemic. But the flow of ideas continues. As proof, this curated summary of technical papers highlights unique concepts that might someday reduce the offshore sector’s heavy cost burdens.
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The Internet giant is walking away from the exploraiton and production business following a report that claimed it was undermining its own climate initiatives by offering its machine-learning tools.
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Water-in-oil emulsions cost millions in maintenance, reduce oil recovery, and create excess carbon. These economic and environmental burdens may finally be resolved.
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Alan Nelson is not only the new chief technology officer at ADNOC, he is the company’s first person to hold the title at the integrated oil company.
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With new options for connectivity, and the growing popularity of LTE connections, there is a huge opportunity for remote connections to close the digitalization gap.
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Shell has partnered with Udacity to provide its staff training in artificial intelligence.
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Moving away from siloed organization to the co-creation of an IT/business strategy is an important progression in the journey of digital transformation.
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Firms globally are still struggling to build teams that can capitalize on the true value of data.
