McDermott International Inc. said on June 24 it has been awarded a large contract from Saudi Aramco for engineering, procurement, construction and installation (EPCI) services in the Marjan and Zuluf fields, offshore Saudi Arabia.
Baker Hughes, a GE company and C3.ai on June 24 announced a joint venture (JV) agreement that brings together BHGE’s fullstream oil and gas expertise with C3.ai’s unique AI software suite to deliver digital transformation technologies that will drive new levels of productivity for the oil and gas industry.
Artificial Intelligence and Machine Learning are making their debut in the workflows of Exploration and Production, but AI and ML solutions are only as good as the data that trains them. With products like ARLAS and SaltNet, TGS has leveraged their expansive data library to focus on finding the right problems to solve.
Competition heats up for oilfield service providers in the Middle East and North Africa region as key trends around AI and big data emerge.
Quorum Software described Archeio Technologies as a leading provider of oil and gas document classification and smart search technology.
The Pangea III computer build by IBM will help process complex seismic data in the search for hydrocarbons 10 times faster than before, Total said June 18.
Cognite, in which Norwegian investment firm Aker owns a 65% stake, has customers in Europe, including oil and gas firms Aker BP, Lundin Petroleum, OMV and Wintershall DEA.
Corrosion Resistant Alloys LP (CRA), a manufacturer of high-grade corrosion resistant alloy tubes, said on June 3 it has appointed Matt Pond as CFO.
Digitized systems help companies capture and better understand HSE incidents.
A pilot test of six reservoir software platforms using the RESQML standard improves data integration between platforms.
