Robots redraw energy supply chain
Market participants are turning to artificial intelligence for cost and efficiency gains
In this article, PE looks at the impact of new technologies on the industry. Part I of II. For part II, click here. From deep-water directional drilling to the liquefaction and long-distance transport of natural gas, the energy sector has long pioneered the use of transformational technologies. Now the sector is facing another wave of change, this time from the pervasive potential of AI which enables unlimited amounts of data to be ingested, interpreted and acted upon immediately. As is already happening in financial, retail, healthcare and other sectors, this fourth industrial revolution is set to improve productivity and overhaul established working practices within the energy sector and i
Also in this section
22 April 2024
Pursuing three different goals as part of the same package may mean achieving none of them
22 April 2024
Beijing’s renewed targeting of NOC management could threaten investment
19 April 2024
Cairo’s currency problems have hindered investment, but Pharos sees considerable potential as Egypt emerges from crisis
18 April 2024
The Norwegian energy company is concentrating its efforts on specific regions and assets that meet strict cost and carbon criteria