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Market is on a trajectory of rapid expansion, projected to grow from USD 8.88 billion in 2025 to USD 19.15 billion by 2035, ...
A US-based Nigerian engineer, Ikenna Okoro, has played a leading role in developing a new technology that promises to ...
This significant growth in the past can be attributed to several factors, including rising energy demand, an increase in the use of artificial intelligence AI and automation, a growing focus on carbon ...
I am optimistic about the ability of AI-driven data integration to fuel a smarter, safer and more efficient oil and gas industry.
In other words, oil and gas automation is also known as oilfield automation. In the oil and gas industry, it is referred to a growing number of processes, many involving digital technologies, that can ...
In the same neighborhood of West Texas, Kodiak Robotics has already unleashed their driverless system on the much less traveled oilfield access roads in the deserts above the Permian Basin ...
HOUSTON (Reuters) - Top U.S. oilfield services firms are facing weaker pricing and revenue this year as oil producers become increasingly efficient and keep a cap on spending, according to ...
The oilfield services industry is expected to shrink by 0.6% in 2025 due to a decline in shale/tight oil and other onshore segments. Inflation, capacity constraints, and geopolitical factors are ...
HOUSTON, Dec 5 (Reuters) - The oilfield service sector is poised for more consolidation in 2025, according to Deloitte's 2025 Oil and Gas Industry Outlook, with President-elect Donald Trump ...
A masquerade has been unfolding in the tech sector: Automation systems are wearing AI agent costumes, and many are falling for the disguise. With Gartner naming “Agentic AI” as the top tech ...
Oilfield service companies tend to suffer more ... ChampionX's focuses are production chemicals which are supplemented by various automation technologies the company has. The company will benefit ...
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