Data NEWS

Geopolitics and the energy transition are the most pressing themes for the oil and gas industry in 2023, according to data and analytics company GlobalData.

(Reuters) - International Business Machines Corp and Amazon.com Inc’s Amazon Web Services said on Monday they would work together to extend the reach of a set of tools that oil companies use to manage disparate types of data. Amazon in 2018 worked with Royal Dutch Shell to create a technology to turn data from more than a century of oil production, largely from paper records, into a standardized format for multinational oil companies to improve efficiency across their operations.

With an aim to improve non-destructive testing (NDT) and inspection management, Oceaneering International has launched the Inform Inspect digital asset inspection system. It is a tablet-based technology which is designed to deliver seamless, end-to-end inspection – from planning to review. It will be a great asset for technicians, supervisors and managers. The data captured by the system is directly stored into a cloud-based system and is instantly available for analysis.

The 4th Industrial Revolution, on the back of Artificial Intelligence, 5G, the Internet of Things (IoT) and Augmented Reality, has started to appear on the horizon. A whole new world is under construction and the foundation to this world is Data, being collected from every aspect of our lives. While concerns over data protection has been voiced many times, the new Blockchain Technology has now emerged as a viable compromise.

Pulse Oil Corp. announced that it has purchased 3D seismic data set for attaining its goal to unlock oil from the Nisku reefs through EOR. This data is critical for the Calgary-based company for asset optimization and will become a critical component of the contract awarded recently to Schlumberger for completing all three phases of the company’s petro-technical modeling of the Bigoray Nisku D and E pools.

In order to investigate the architecture and evaluate the petroleum potential of producing and non-producing areas, ION Geophysical Corporation has announced a new 2D multi-client program offshore Grand Banks in Newfoundland, Canada. In its first phase GrandSPAN, ION will acquire approx. 10,000 km of data with the expectation to sanction a second phase of approx. 5,000 km further south in 2019.