From 17-19 May 2024, the China (Shanghai) International Metrology Measurement Technology and Equipment Exhibition took place at the Shanghai World Expo Exhibition and Convention Centre. Dongfa Group showcased its latest research achievements at the event. At the exhibition, Chairman Liu…
Latest GlobalData report sheds light on digital twin in oil and gas
Digital twins mirror physical entities such as assets, systems, individuals, or processes digitally. Employing artificial intelligence (AI), real-time analytics, visualisation, and simulation tools, they aid in detecting, preventing, predicting, and optimising the physical environment. More specifically within the oil and…
Robots will be the oil and gas industry’s growth engine
The single major advantage of robotics is automation, which drives other improvements in efficiency, productivity, and safety. Automation enables extensive inspection and maintenance tasks to be conducted while feeding back data to help limit operational costs and improve efficiency. Advances…
Study launched to end Porvoo site’s crude oil refining by 2030s
Building on its capability of proactive transformation, Neste launches a strategic study on transitioning its refinery in Porvoo, Finland to non-crude oil refining and into a globally leading renewable and circular solutions site. Through co-processing and retrofitting of units, and…
Report announced into oil & gas companies’ use of digitalisation
As reported by GlobalData, digitalisation is enabling the oil & gas industry to improve productivity and profitability by streamlining operations and cutting costs. The report, ‘Digitalization in Oil and Gas – Thematic Research’, covers how digital technologies can deliver actionable…
