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IIOT Oil & Gas

PAT is IIoT Ready

Combining process analytical technology (PAT) and the cloud for next-level productivity Process analytical technology (PAT) enables manufacturing and processing companies to continuously enhance their competitiveness in an increasingly fast-paced and demanding market (see part 1, “Process Analytical Technology Advances,” pp.…

Industrial AI specialist Flutura and TechnipFMC in strategic digitalization partnership

Flutura Business Solutions LLC (Houston), an Industrial IoT Intelligence provider, announced a multi-year agreement with TechnipFMC (Surface Division), a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services. This agreement is the…

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AI-enabled design-and-test platform speeds bioproduct development

TeselaGen Biotechnology (San Francisco, Calif.; www.teselagen.com) has developed a platform technology that integrates software and services, while taking advantage of artificial intelligence (AI) by applying machine-learning algorithms to reduce the costs and time required for the development of biologically derived…

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Enhancing Plant Safety Via Virtual ‘On-Site’ Visits

New developments in augmented reality can help plant operators fix critical issues while limiting the number of outside visitors entering the facility Reducing risk is an important goal for any plant or petroleum refinery to maintain the health and safety…

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Advanced Analytics for Process Safety

A look at how advanced analytics facilitates and improves process safety efforts within the chemical process industries (CPI) Simply by the nature of some of the chemicals used and the associated complex processes involved, chemical plants can be hazardous. With…

Mitsui Chemicals and IBM working on blockchain-based platform for plastics circularity

Mitsui Chemicals, Inc. (Tokyo) and IBM Japan, Ltd. (Tokyo) announced plans to start working together on a resource circulation platform that utilizes blockchain technology. The aim through this is to ensure the traceability of materials – a hurdle to clear…

Cybersecurity: Continuous Vigilance Required

As digitalization becomes more common and remote operations become necessary, guarding against cybersecurity breaches grows even more critical The hacking of a Florida water plant, which made headlines in February, was a poignant reminder of the dangers posed by breaches…

Repsol and Microsoft renew partnership developing AI-powered digital solutions

Repsol S.A. (Madrid, Spain) and Microsoft Corp. (Redmond, Wash.) have renewed their strategic collaboration focused on accelerating Repsol’s digital transformation and the global energy transition. The companies will co-innovate to build new AI-powered digital solutions, and as part of a…

Baker Hughes to acquire ARMS Reliability

Baker Hughes (Houston) has announced it is acquiring ARMS Reliability, a leading global provider of reliability solutions to some of the world’s largest industrial companies across a wide range of industries including mining, oil and gas, power, manufacturing, and utilities.…

BP joins the IBM Quantum Network to advance use of quantum computing

IBM announced that bp plc (London) has joined the IBM Quantum Network to advance the use of quantum computing in the energy industry. By joining the IBM Quantum Network as an Industry Partner, bp will have access to IBM's quantum…