Saturday, August 15, 2020

Machine Learning News

Enabling AI in E&P

© Dmitry / Adobe Stock

Oilfield services company Schlumberger and software firm Dataiku have teamed up to enable the exploration and production (E&P) industry to build and deploy their own artificial intelligence (AI) solutions across the full breadth of their upstream workflows…

Worley and Arundo Launch The Data Refinery

(Photo: Worley)

Engineering, procurement and construction firm Worley  and software company Arundo have come together to launch The Data Refinery, a hub for applied data science and machine learning solutions in the energy, chemicals and resources industry.The Data Refinery aims to bridge the gaps among operations…

Schlumberger Debuts At-bit Steerable System

The NeoSteer ABSSs aim to improve horizontal well drilling performance by providing high-dogleg capability and increased rate of penetration in the curve and the lateral, (Image: Schlumberger)

Schlumberger Introduces At-Bit Steerable System for Drilling Horizontal Wells in a Single RunNeoSteer at-bit steerable system design integrates a unique cutting structure and steering mechanismsSchlumberger introduced today the NeoSteer at-bit steerable system…

GreenSteam Acquires BMT Smart

Image: BMT

Denmark-based GreenSteam, a majority owned company of BP, has acquired BMT’s data collection and performance optimisation subsidiary UK-based firm SMART. The marine efficiency software solutions provider is reputable in leveraging Machine Learning methodologies…

Woodside to Implement Schlumberger's DELFI

The DELFI cognitive exploration and production environment delivers integration and connectivity across domains from planning to operations. (Image: Schlumberger)

Australia's largest oil and gas operator Woodside Energy will leverage Schlumberger's DELFI cognitive cloud-based software environment in an effort to increase consistency, reduce study cycle time and foster innovation in its subsurface characterization and development activities…

BP Invests in New AI Technology

(Image: BP)

BP has invested further in artificial intelligence (AI) technology as part of an effort to accelerate project lifecycles, from exploration through to reservoir modeling.The super major announced Monday that its technology investment arm BP Ventures has infused…

DNV GL Unveils Renewable Energy Data Platform

Photo: DNV GL

DNV GL is launching GPM Horizon, a data monitoring platform with full integration of current and future renewable energy systems including solar PV, wind and energy storage assets. GPM Horizon enables future-proof fleet management by bringing digitalization…

RigNet Closes Intelie Acquisition

RigNet, Inc. announced it has completed its acquisition of Intelie, developer of a technology platform for real-time predictive analytics that is an early pioneer in real-time machine learning and planning optimization. The closing was effective March 23, 2018.

BMT Rolls Out New Big Data Product: BMT Deep

(Image: BMT)

BMT has introduced BMT Deep, an advanced interactive asset data platform designed to deliver deeper insights for enhanced offshore asset performance management. “With 20+ years practical experience of working with marine structures, we have developed a platform that can monitor…

Ketelaars Takes the Lead for DNV GL - Oil & Gas in the Americas

Frank Ketelaars (Photo: DNV GL)

Frank Ketelaars took up the position of Director of Region Americas in DNV GL – Oil & Gas on 1 October, as North America’s energy system undergoes a transition. DNV GL’s recently published Energy Transition Outlook shows significant shifts in US federal energy and climate change policies.

Big Oil turns to Big Data for Drilling Economies

In today's U.S. shale fields, tiny sensors attached to production gear harvest data on everything from pumping pressure to the heat and rotational speed of drill bits boring into the rocky earth. The sensors are leading Big Oil's mining of so-called big data…

Statoil's Digitalization Drive

Eldar Sætre, Statoil’s chief executive officer. (Photo: Ole Jørgen Bratland)

Statoil is establishing a digital center of excellence and launching a roadmap with seven specific programs for digitalization in the company towards 2020. Towards 2020 Statoil expects to invest $120 to $240 million in new digital technologies, accelerating the digital roadmap work.

Kongsberg Launches Kognifai

kognifai is is an all-encompassing and open digital ecosystem for users to collect, store, analyze, and apply the data they generate using Komgsberg  and third-party systems  (Photo: Kongsberg)

Kongsberg has announced the launch of Kognifai, its open and collaborative digital platform that places a portfolio of applications into the cloud. Kognifai focuses on optimizing data access and analysis for customers across maritime and energy industries,…

Kraken, Square Robot Form Robotics Partnership

Kraken Sonar Systems Inc., a wholly-owned subsidiary of Kraken Sonar Inc., has signed a strategic partnership agreement with Square Robot, Inc. for the design, manufacture and support of advanced sensors and robotic systems for confined area inspection applications used by the worldwide oil and gas industry.

Wood Group Develops Advanced Analytics Capability with CeADA

Bob MacDonald, CEO of Wood Group Kenny

Wood Group today announced that it is collaborating with the Centre for Applied Data Analytics (CeADAR), located at University College Dublin (UCD), to launch a new data analytics capability to deliver significant savings for the energy and industrial sectors.

Offshore O&G Mooring Integrity: BMT Answers the Challenge

Mooring Integrity Monitoring System

The need for mooring integrity monitoring has of late come back under the spotlight, not least because the use of floating production systems in the offshore Oil and Gas industry has been predicted to grow at a significant rate between now and 2017 with a peak in the number of new builds expected to occur in 2016/2017.