Artificial Intelligence

Generative AI – hype or substance?

2023 started with a buzz around ChatGPT, and more generally around the immense potential that generative artificial intelligence (GenAI) holds.…

Does the hype around generative AI reflect its technology progress?

Since ChatGPT’s release in November 2022, generative AI has entered public discourse across the world. According to GlobalData, over a…

Taming fire: New issue of Offshore Technology Focus, out now

Knowledge is a fire. Just as Prometheus gave humanity the fire of ancient gods, modern technology seems set to bless…

Artificial Intelligence related patent filings activity decreased by 34% in the oil & gas industry in Q1 2023

The global oil & gas industry experienced a 34% decline in the number of artificial intelligence-related patent applications in Q1…

Oil and gas companies should invest in machine learning tools

Machine learning is a subset of artificial intelligence (AI) that allows computer systems to learn and improve from data without…

Trinity selects Petrofac for Trinidad offshore block development

Trinidad and Tobago-based oil and gas company Trinity Exploration & Production has selected international energy services company Petrofac to carry…

Eni signs $300m deal to sell non-core oil assets in Republic of Congo

Italian oil and gas company Eni has agreed to divest stakes in several non-core oil permits in the Republic of…

Centrica Storage and Wood to work on low-carbon hydrogen hub

John Wood Group (Wood) is working with Centrica Storage to assess the viability of converting the UK-based Easington gas processing…

PGS and partners sign offshore reprocessing deal

Norwegian offshore seismic company PGS and its joint venture (JV) consortium partners TGS and oilfield services company SLB have agreed…

Cheniere agrees LNG deal with China’s ENN Natural Gas

US liquified natural gas (LNG) supplier Cheniere Energy has agreed a deal with Chinese natural gas company ENN for the…