In a new interview with The National’s Hadley Gamble, Burgum predicted that skyrocketing demand from the tech ...

Oil and gas companies are on track to spend $3.1 billion on AI this year—less than 5% of their capital expenditures—but annual AI spending could rise 80% in the next five years, according to ...

AI use in the oil and gas industry looks promising, with the expectation of more widespread and sophisticated applications of AI to come. 37 Further, comfortability brings confidence and ...

Show notes In this episode, Procyk mentions a 2022 article that appeared in the February 7, 2022, print edition of Oil & Gas Journal discussing the Liza development in Stabroek block offshore Guyana.

In March 2021, for example, Microsoft expanded its partnership with Schlumberger, an oil-technology company, to develop and launch an AI-enhanced service on Microsoft’s Azure platform.