Shell, C3 AI, Baker Hughes and Microsoft have announced the launch of the Open AI Energy Initiative (OAI), an open ecosystem of artificial intelligence (AI)-based solutions for the energy and process industries
Industry
Middle East and Africa’s oil and gas industry sees 33.3% rise in deal activity in Q4 2020
Middle East and Africa’s oil and gas industry saw a rise of 33.3% in overall deal activity during Q4 2020, when compared to the four-quarter average, according to GlobalData’s deals database
Severn Glocon Group enters next phase of its five-year growth plan
British valve engineering firm Severn Glocon Group is consolidating its global network of individually branded businesses, all of which will now operate under the simplified ‘Severn’ brand name
OPEC+, COVID-19 and energy transition to impact 2021 oil markets
Wood Mackenzie’s latest outlook report has show that the art of balancing oil markets and the refining sector in 2021 hinges upon three major themes – OPEC+ production, COVID-19 developments and the energy transition
Oil and gas players are adapting to a less carbon-intensive energy mix in 2021, says DNV GL
The oil and gas industry expects to boost investment in the energy systems of the future this year, as companies seek to transform for the long term, according to a new research by DNV GL