Researchers to use AI to unlock oil and gas big data ‘treasure trove’

They say the oil and gas industry produces 2.5 quintillion bytes of data every day but only 1% of this is analysed, which they believe is a ‘missed opportunity’

Innovative UK oil and gas projects receive £300k

Three firms will collaborate with Scottish universities to develop technologies to solve industry challenges

Businesses offered £1m for innovation in oil and gas

A £1 million fund is being provided to support companies that require oil and gas research and development (R&D) to be undertaken at a Scottish university. The Industry Technology Facilitator (ITF) and the Oil & Gas Innovation Centre (OGIC) are providing the cash to support innovation that could reduce costs, raise production efficiency and improve […]