Brazil Unveils $4bn Initiative To Hasten AI Development
Under the plan, over 50 measures will be implemented over the next four years to speed up Brazil’s capabilities in developing and deploying artificial intelligence (AI).
UK North Sea Players Agree On Data Sharing Principles
Companies and organisations at work in the UK North Sea energy industry have agreed to adopt a set of principles to improve information flows, with the aim of making operations more efficient, less risky and cleaner.
Using AI to support decommissioning
New funding will help finance the development of AI tools to support the marine industry with the logistical challenges surrounding energy infrastructure decommissioning in the North Sea and beyond.
AI speeds up search for forgotten, potentially hazardous wells in US
AI-based tools developed by US researchers use old maps to identify the many undocumented oil and gas wells that may require re-sealing to stop leaks.
Buy-in from top crucial for successful AI scale-up in oil industry
EY highlights the main challenges and potential solutions for effective AI implementation in oil and gas companies, notably the key role of the leadership.
US oil and gas firms see challenges for AI deployment
AI is playing an increasingly important role in the operations of US oil and gas companies, but many lack the expertise to deploy it widely, according to a survey of industry executives.
Repsol builds on AI pact with Accenture
The Spanish company is increasing the use of generative AI across its businesses, as the race to introduce the efficiency-improving technology across the energy sector heats up.
Digital Twin Consortium launches Testbed initiative
The US-based industry body hopes the programme will foster increased collaboration in developing cutting-edge digital twin technology.
NASA and BP Step Up Collaboration Between Subsea And Space Industries
The space agency and the global energy company hope to benefit from the synergies between technology developed for extreme subsea conditions and space, potentially speeding up exploration of the Moon and Mars.
BlackRock sees AI energy crunch, aims for investment boost
The US investment giant has joined forces with Microsoft, MGX and others in an effort to meet the huge cost of building data centres and the infrastructure needed to power them.