ENERGY TRANSITION

BP invests in new AI tech to accelerate upstream projects

BRITISH giant BP is investing in new artificial intelligence-based technology to improve its upstream operations and speed up project lifecycles from exploration through to reservoir modelling.

Paul Hunt

BP invests in new AI tech to accelerate upstream projects

The company this week announced a US$5 million investment in Belmont Technology for the development of a new AI program aimed at cutting production time and providing real-time information for subsurface...

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