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Walking Into the Future: ADNOC Drilling Unveils First AI-Powered Island Rig

Jun 25, 2026

ADNOC Drilling has delivered and received acceptance for AD-300, its first AI-enabled, fully automated walking island rig, nearly three months ahead of schedule.AD-300 is the first of six next-generation island rigs being deployed under a $1.54 billion contract awarded by ADNOC Offshore in 2024-2025.The company said the early delivery would enable earlier revenue generation and accelerate the rollout of the six-rig program…

SLB to Support Kuwait Oil's AI and Digital Tech Initiative

Jun 30, 2026

SLB has been awarded a seven-year contract by Kuwait Oil Company (KOC) under the Ahmadi Innovation Valley initiative to support applied research, technology deployment and digital innovation programs aligned with Kuwait's long-term energy objectives…

SBM Offshore, SLB to Optimize FPSO Performance Using AI

Oct 03, 2025

SLB, a global energy technology company, and SBM Offshore, a Floating Production Storage and Offloading (FPSO) solutions specialist, have signed an agreement to enter into an exclusive digital alliance to optimize the performance of offshore production systems…

Petronas to Leverage AI to Expedite Oil and Gas Exploration Activities

Sep 17, 2025

Petronas Carigali, an exploration and production arm of Malaysia’s Petronas, has signed an agreement with Geoteric, an AI-driven seismic interpretation software firm, to expand the use of artificial intelligence in oil and gas exploration activities…

AI & Offshore Energy: The Higher the Stakes, the More Value AI Creates

Dec 18, 2024

Idle time for a drilling rig costs about $250,000 an hour. AI is being embraced across the industry to ensure it doesn’t happen.A while back, an energy major had an unfathomable, intermittent problem with its drilling operations. It was beginning to cost big money…

Beam’s AI-Driven AUV to Hit Offshore Wind Market in 2025

Nov 13, 2024

Beam, a provider of high-technology offshore wind services, has unveiled Scout, an autonomous underwater vehicle (AUV) driven by artificial intelligence (AI).Scout, a concept expected to enter the market in 2025, will put the power of subsea inspection directly in the hands of wind farm operators…

BHGE to Bring AI to Oilfield

Jun 26, 2019

Oilfield service company Baker Hughes, a GE Company (BHGE) has entered into a joint venture with the California-based Artificial Intelligence (AI) software provider C3.ai to accelerate the digital transformation in the oil and gas industry.'AI…

Current News

Subsea7 Lands ‘Sizeable’ Contract for Work Offshore Brunei

Subsea7 Lands ‘Sizeable’ Contract for Work Offshore Brunei

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

Borr Drilling's Mexican JV Expands Fleet with Five Jack-Ups

Borr Drilling's Mexican JV Expands Fleet with Five Jack-Ups

Keppel Launches $2.9B Program to Monetize Legacy Offshore Drilling Rigs

Keppel Launches $2.9B Program to Monetize Legacy Offshore Drilling Rigs

Saipem Cuts Earnings Outlook as Middle East Costs Rise

Saipem Cuts Earnings Outlook as Middle East Costs Rise

Serica Energy Agrees $194M Pharos Energy Acquisition

Serica Energy Agrees $194M Pharos Energy Acquisition

Oil Eases After Topping $100, Still Set for Weekly Rise

Oil Eases After Topping $100, Still Set for Weekly Rise

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