Baker Hughes signed agreement to create a joint venture with C3.ai to support automation and digitization in oil and gas industry with artificial intelligence solutions.

According to the preliminary agreement, Baker Hughes will take a seat on the board of directors in C3.ai and will apply C3.ai’s technologies to increase performance and improve operations. The implementation of AI technology in O&G industry allows to optimize operations and develop planning and safety due to the advanced data processing and predictive maintenance through the whole oil and gas value chain.

Read also: Transition to Industry 4.0: How far have we come and what's next?
The cooperation between these two companies will lead to further AI solutions developments in oil and gas segment based on the C3.ai’s experience in AI implementation and Baker Hughes’ expertise in O&G sector.

Digital solutions in upstream, midstream and downstream are the central focus of the Oil & Gas Automation and Digitalization Congress 2019. Within two-day business program you can discuss the most burning issues and case studies with the colleagues from the industry and discover new technologies at the start-up session.

Source: WorldOil.com

Additional options for you:

  • find out more about Oil & Gas Automation and Digitalization Congress 2019 at automacongress.com
  • request marketing materials here
  • share the article in social networks using the buttons below
Share:
MORE POSTS LIKE THIS >
YOU MIGHT ALSO LIKE...

Valmet, Session sponsor at AUTOMA 2019 Congress, prepared a special report about their DNA automation system.

Click here to read the article
Baker Hughes signed agreement to create a joint venture with C3.ai to support automation and digitization in oil and gas industry with artificial intelligence solutions.

Click here to read the full article
BP Ventures invested $5 million in Belmont Technology’s Series A based on Houston’s artificial intelligence (AI) start-up.

Click here to read the full article
Saipem’s servers have been cyber-attacked and 400 of them were affected as the result. The reasons for the attack are obscure. Italian oilfield...

Click here to read the full article
Our media-partner Oil and Gas Technology and Kristina Sabirova, managing partner of BGS Group and project director of AUTOMA Congress, discussed the peculiarities of transition to Industry 4.0 in oil and gas industry.

Click here to read the interview