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Although digital technology plays a significant part in Total’s North Sea strategy, there is more to the company’s future developments than digitization.
Machine learning and AI are enabling the discovery of new solutions to help make the petroleum industry safer and more competitive.
Greater adoption and effective use of enhanced digitalization in the rig inspection and audit market are delivering benefits and reducing risk.
Continuous modeling software advances create new opportunities.
Digital proponents promote industrywide adoption of digital technologies.
Operating oil and gas sites at a distance is attractive for producers due to the potential safety and cost benefits.
Digital technology opens new possibilities that could transform the future of multiphase flow measurement applications.
The use of a QRA helps improve risk-related decision-making.
An automated bit guidance system delivers improvement in directional drilling performance.
SGS and Baker Hughes, a GE company (NYSE: BHGE), on July 10 announced a Strategic Alliance Agreement (SAA) for the joint deployment and commercialization of BHGE’s real-time software and sensor-based Predictive Corrosion Management (PCM) solution.
Digital twins help extend the life of producing assets.
Companies in the oil and gas industry are embracing the digital revolution, looking for and finding ways to improve efficiency, grow revenue and create new business opportunities using digital technologies.