Mark Zuckerberg’s keynote speech in 2021 might have shot the term Metaverse into the mainstream, but it wasn’t a new idea, nor the first time it was discussed. Science fiction writer Neil Stevenson first coined it in his 1992 novel Snow Crash as a place where the characters could go to escape a dreary totalitarian […]
AI
Posted inNews, Tech
Digitisation: Is resource efficiency the key to creating a circular economy
AspecTech’s Anahita Khanlari highlights the importance of digitisation and adopting new technologies to maximise resource efficiency in chemical manufacturing
Posted inNews
How will ChatGPT impact oil and gas projects?
Engineers and designers are building AI-models like ChatGPT to help create virtual worlds in the metaverse to run simulations and increase productivity and efficiency metrics
Posted inEnergy Transition, News
How can AI help decarbonise oil & gas?
KAUST in Saudi Arabia is working on custom AI algorithms for process control and optimisation, which will eventually help oil and gas firms with green hydrogen generation
Posted inProducts & Services
Mit-PFN Energy Co. and PGS to develop AI solutions for subsurface structure analysis
PGS will contribute seismic data from its global MultiClient data library along with technical expertise. and Mit-PFN Energy Co. will lead the AI algorithmic development
Mit-PFN Energy Co. and PGS have signed a Memorandum of Understanding (MoU) to jointly develop and commercialize Artificial Intelligence (AI) driven solutions to image subsurface structures. Analysis of subsurface images is required across the energy sector including oil and gas, carbon capture and storage, as well as in areas of the renewable energy sector, such […]
Posted inProducts & Services
Artificial intelligence software to impact offshore asset inspections
New inspection solution reduces human risk and improves speed and accuracy
The power of ground-breaking, artificial intelligence (AI) technology has been harnessed in a new real-time inspection solution, capable of autonomously detecting and categorising equipment anomalies. The Augmented Machine Vision Solution (AMVS) has been developed through a 12 month, AUD$288,600 partnership between Wood and NERA (National Energy Resources Australia) – the independent NFP, grant funded by […]