Palantir and bp step up use of LLMs in digital twins
Wider use of large language models in the energy industry can provide valuable support for human decision-making without jeopardising safety or reliability, the companies say.
Human capabilities are key to AI implementation
New research underlines that Generative AI can best serve the energy industry when it augments and extends what people can achieve, rather than being treated mainly as a replacement for the workforce.
Escalating Cyber Threats
Nigel Thorpe, technical director at SecureAge looks at the increase in cyberattacks on energy, oil and gas companies and suggests it’s time for a new approach
We Have Lift-Off For Drone Technology
Gary Cutts, Challenge Director, Future Flight Challenge, UK Research and Innovation explains how drones look set to play a bigger role in the energy sector over the coming decade
Yara Deploys Digital Twins To Boost Plant Efficiency And Support CCS Project
The Oslo-based fertiliser company is collaborating with Kongsberg Digital to deploy digital twin technology that will improve plant operations and help facilitate a carbon capture and storage (CCS) project.
Competitive, Profitable, and Cleaner
Astrid Poupart-Lafarge, president of oil and gas, Schneider Electric explains the role that data plays in optimisation and improving environmental performance
New AI-Driven Mapping Tool Supports Electrification In Africa
An online geospatial mapping tool developed by the IEA and academic researchers is designed to help energy providers bring electricity to Africa faster and more efficiently.
Democratising Artificial Intelligence
Digital twins paired with AI are revolutionising the oil and gas industry. To extract the most value from the technology, AI democratisation is crucial. But what do we mean when we talk about AI democratisation?
The Potential of The Industrial Metaverse in The Oil and Gas Sector
The global Metaverse revenue is projected to experience significant growth, reaching approximately $800 billion in 2024 compared to roughly $500 billion in 2020, according to analysis and data from sources such as Newzoo, IDC, PWC, Statista, and Two Circles. However, the specific revenue contribution from the industrial sector remains uncertain at this point. To gain insights into the potential of the industrial metaverse in the oil and gas industry, we are reaching out to experts from the Middle East to share their perspectives, writes Wassim Ghadban, VP, Global Innovation and Digital Engineering, Kent
Digital Twins In Oil And Gas
Digital twin technology has rapidly progressed in the oil and gas industry in recent years. What was once deemed a mere “nice-to-have” is now a powerful tool transforming how energy companies operate, monitor, and manage their assets.