July 15, 2021 An O&G conversation: drilling into the boom and bust world of oil and gas 6 min read - The oil and gas (O&G) industry has a history of boom and bust, and 2020 was no different. With a dramatic decrease in demand brought on by COVID-induced shutdowns, the industry began laying off employees and consolidating. While challenges are…
April 27, 2021 AI advisor helps exploration geologists make better, faster predictions 2 min read - At Wintershall Dea, we’re committed to digitization that improves our decision making and makes us more efficient, competitive and sustainable. We gained these benefits from a recent project to apply artificial intelligence (AI) to early exploration research. Working with IBM…
September 22, 2020 Unlock and accelerate data up and down the energy value chain with IBM Open Data for Industries 2 min read - Between turbulent economic market conditions and the transformation of the global energy landscape, upstream oil and gas organizations face increasing pressure to exploit new finds and enhance recovery from existing fields. In this volatile business climate, data is a key…
April 7, 2020 Build a more resilient chemical and petroleum organization with intelligence, insights and expertise 4 min read - By necessity – and within reason – chemical and petroleum organizations have been early adopters of technology, with a primary focus on stability and costs. This asset- and people-intensive industry faces some unique challenges, and an innovative and flexible mindset…
March 5, 2019 How to increase productivity and reduce costs with IoT and Maximo 2 min read - Slumping oil prices and increasingly difficult-to-extract oil pose a major challenge to companies in the oil and gas industry. At Kuwait Oil Company, one way that we’re pursuing cost optimization is by embracing intelligent, Internet of Things (IoT)-based enterprise asset…