Technology

Halliburton introduces Equiflow Density device to improve hydrocarbon recovery

Halliburton has introduced an autonomous inflow control device (AICD), named EquiFlow Density, to effectively manage unwanted fluids production and enhance…

Norwegian energy data provider TGS to buy PGS for $862m

TGS, an energy services company, has reached an agreement to buy its peer PGS in an all-stock deal valued at Nkr9.32bn ($862.71m).…

Shell awards offshore services contract to Nauticus Robotics

Oil and gas major Shell has awarded an offshore services contract to Nauticus Robotics, a robots, artificial intelligence (AI) solutions and marine…

AI in oil and gas: a less slippery slope

Artificial intelligence (AI) has emerged as one of the most promising technologies in digitising the oil and gas industry. AI…

Malaysia’s Petronas team up with Microsoft and Cegal

Petronas Digital, the digital arm of Malaysian energy group Petronas, has teamed up with Microsoft and Norwegian IT services provider…

Azule Energy selects Palantir to digitise upstream operations

Angolan oil and gas company Azule Energy has selected software company Palantir Technologies to digitise and optimise operations. Under the partnership, Palantir…

Toho Gas selects FPT Software to boost digital capabilities

Japanese energy company Toho Gas has selected IT services provider FPT Software to bolster operations with digital capabilities. The companies have signed…

Wintershall Dea joins with IBM to advance AI push 

German oil and gas company Wintershall Dea has joined forces with IBM Consulting to set up an AI Centre of…

Artificial Intelligence hiring activity decreased in the oil & gas industry in Q2 2023

The global oil and gas industry experienced a 27% drop in new job postings related to artificial intelligence in Q2…

Q2 2023 update: artificial intelligence related M&A activity in the oil & gas industry

Analysis of the key themes driving M&A activity reveals that artificial intelligence accounted for 7 oil & gas deals announced…