ExxonMobil Earns A Grade for Methane Mitigation
/
ExxonMobil earned an A under the MiQ standard for methane emissions, making it the first O&G company to earn the top mark.
Read MoreLatest News
Digital Twins in Asset Intensive Enterprises
/
Industrial enterprises that rely on big assets (oil rigs, heavy equipment, facilities, manufacturing equipment, etc.) are moving more and more toward digital twins.
Read MoreDrones in the Air for Utilities
/
Utilities are using aerial drones to inspect for preventive maintenance and damage restoration.
Read MoreOil and Gas Automation Growth Continues
/
A new report by Frost & Sullivan found that growth is expected to continue in oil and gas digitalization, especially in AI, robotics, and IoT.
Read MoreAI in Oil and Gas
/
Research is showing that oil and gas companies are investing in AI and ML for safety and efficiency throughout the O&G lifecycle.
Read MoreOil and Gas Companies Using VR in Operations
/
Big oil and gas companies are using virtual reality (VR) to train employees, improve safety, simulate operations, and more.
Read MoreGrowth of Oil and Gas Drilling Automation
/
Oil and gas companies are further piloting, testing, and implementing digital and automated drilling technologies in the fields.
Read MoreDigital Twins Set to Play Major Role in Oil and Gas Sustainability
/
Digital twins are used to monitor assets, plan maintenance, and make operations more efficient. They’re become a vital part of oil and gas sustainability efforts.
Robots’ Role in Oil and Gas
/
How oil and gas companies are (and aren’t) adopting robotics in operations and the innovations that may increase usage on and offshore.
Read MoreRobotic Inspection in Oil and Gas
/
Robotics are playing a big role in non-destructive testing and inspection at oil and gas assets, improving safety and increasing data collection.
Robots Keep Humans from Dangerous Oil and Gas Environments
/
Although the O&G sector has more historical expertise in robotics, the renewables sector is showing greater desire to adopt this tech per recent surveys. O&G professionals have been skeptical of, and resisted, immersive technologies in the past because they weren’t up to scratch, but for some companies that is already starting to change.
Read MoreDigital Twins Make Sense—and Cents
/
At a recent panel, major oil and gas players discussed how they’re using VR to train employees and what benefits they’re seeing.
Read MoreThe Pandemic Has Nudged Enterprise Digitalization Forward
/
Whether enterprises were ready or not, COVID made digital transformation via AR/VR/MR/XR, AI, ML, cloud, and other technologies a strategic imperative.
Read MoreA Tough Week for Big Oil and Gas
/
Big oil companies took hit after hit last week, as the world pushes to reduce emissions, lessen reliance on fossil fuels, and reverse climate change.
Read MoreThe Key to Digital Twin Success: A Strong Data Ecosystem
/
The use of digital twin technology is expected to more than double by 2025. Successfully implementing and using digital twins requires mature data management and integration.
Read MoreDigitalization: The Not-so-Secret to Success in the Energy Transition
/
With the United States rejoining the Paris Agreement, the world’s eyes are back on the prize of limiting global warming. To meet the international goals agreed upon in Paris, technology is going to need to play a large role. Energy companies have to continue to embrace a transition to digitalization as they transition to renewable energy.
Read MoreAI in the Oil Wells
/
The market for AI in oil and gas is expected to nearly double by 2025—from $2 billion in 2019 to $3.8 billion in 2025.
Read MoreShell Pushes Trade Groups for Stronger Climate Positions
/
Shell announced it’s willing to leave industry trade groups if they don’t see a shift to support climate policies in line with the Paris climate agreement.
Read MoreReport: Robots May Replace 20% of Oilfield Jobs in next Decade
/
Rystad Energy, a research and business intelligence company serving the global energy industry, estimates that robots could replace approximately 425,000 oilfield jobs by 2030.
Read MoreDouble or Nothing: Digital Twins Are Transforming Oil & Gas
/
Digital twins—virtual, data-driven representations of physical assets—are increasingly being deployed in oil and gas to decrease downtime, improve safety, follow COVID protocols, and more.
Read More