Digital Transformation
The report highlights the fast evolution of AI with better performance, bigger investment, and rising global optimism. But job concerns, education gaps, and environmental costs reveal a more complex picture.
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.
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Groups of students and young professionals generated digital solutions for an abandoned field in Norway using publicly available field data during a SPE hackathon event held in Bangalore, India. -
The large independent put together a team of data scientists, software developers, and petrotechnical staff to create a forward-looking vision for how to use digital technology to solve problems.
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To analyze the status of digital transformation strategies and the pace of implementation in the Middle East, an SPE Applied Technology Workshop brought together operating and service companies and consulting firms for a discussion.
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Digital oil and gas applications are expanding by leaps and bounds, providing insights and improving decision making and execution. Here are the top areas which could significantly improve business bottom line.
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Petrobras’s supercomputer Fênix is among the world’s 500 biggest computers and ranks first in Latin America.
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First developed as a proprietary system by a large Permian Basin operator, this hydraulic fracturing schedule exchange will be run by a data company and opened up to the entire North American shale sector.
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Analytics, sensors, and robots are changing the way one of the world’s largest oil and gas companies does business. Underpinning all the new technology though is a shift in how BP thinks, and what it means to be a supermajor in the 21st century.
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You don’t need to enroll in a four-year college to take advantage of the market for data science skills. Certificate programs can help get you up to speed on the latest data science concepts, techniques and tools.
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As the oil and gas industry moves more into the machine learning space, Python-conversant petroleum domain specialists will prove to be increasingly valuable to organizations.
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A quick look at big technology companies' interest in oil and gas.
