Digital oilfield news

Covid-19 has led to a crisis in the global oil industry with a dramatic fall in prices and weak consumer demand creating difficulties for the upstream sector right now. Keith Tilley, CEO, Intoware, explains why companies must re-think their digital strategies or risk being left behind.

The ABB Ability™ Genix Industrial Analytics and AI Suite collects, contextualises and converts operational, engineering and information technology data into actionable insights that help industries improve operations, optimise asset management and streamline business processes safely and sustainably.

Julian Pereira, TrendMiner, explores how use of data analytics can help oil and gas companies move to next levels of operational excellence and face volatile market pressures.

The agreement is designed to advance Halliburton’s digital capabilities in Microsoft Azure.

Tendeka has joined the OSIsoft EcoSphere, a collection of more than 300 industrial leaders that provide products, applications, and services for the PI System.

BP invests US$5 million in a cloud-based geospatial analytics software company that uses advanced spectral imagery and machine learning to monitor environmental changes.

Jaguar plans to utilise Emerson’s E&P software solutions for seismic and well data analysis amongst other areas.

The latest issue of Oilfield Technology begins with a review of the Asia upstream sector.

Murray Callander, Eigen, UK, explains how traditional views of big data benefits in the oilfield are giving way to the rise of micro lakes, distributed twins and distributed intelligence.

CGG GeoSoftware has collaborated with Alibaba Cloud to deploy its suite of proprietary geoscience software solutions on the Alibaba Cloud platform.