MONTHLY NEWS brought to you by Future Digital Twin
This month, we bring you digital updates from across the globe. In the UK, North Sea players have reached a pivotal agreement on data-sharing principles, setting the stage for enhanced collaboration in the sector. Meanwhile, Brazil has launched an ambitious $4bn initiative aimed at accelerating artificial intelligence (AI) development and positioning the country as a leader in tech innovation. On a different front, the debate continues over the impact of data centres on power demand, with experts still assessing the full extent of their energy footprint. Dive into these stories and more in this edition of our newsletter.?Here are the headlines
UK North Sea players agree on data sharing principles
Companies and organisations at work in the UK North Sea energy industry have agreed to adopt a set of principles to improve information flows, with the aim of making operations more efficient, less risky and cleaner. Read more > https://www.futureoilgas.com/news/uk-north-sea-players-agree-data-sharing-principles
Brazil unveils $4bn initiative to hasten AI development
Brazil is a growing market for AI-driven products produced by global tech firms, with energy sector players such as Petrobras among those taking a lead. But the country’s president, Lula da Silva, says he is determined that Latin America’s largest economy should be a leading AI developer, not just a passive consumer. Read more > https://www.futureoilgas.com/news/brazil-unveils-4bn-initiative-hasten-ai-development
Jury still out on extent of power demand impact from data centres
The voracious appetite for power of data centres and AI applications is about to bring global energy systems crashing down or will require an long extension of the fossil fuels according to some of the more hyperbolic comment on the topic over recent months.?Read more > https://www.futureoilgas.com/news/jury-still-out-extent-power-demand-impact-data-centres
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2024 Digital Twin Middle East Excellence Awards for the Oil & Gas Industry
Submissions by 18th October
We are thrilled to announce that submissions for the?2024 Digital Twin Middle East Excellence Awards for the Oil & Gas Industry?are now open! This prestigious award celebrates the innovative projects that have made significant advancements in digital twin technology, transforming the oil and gas sector across the Middle East.
The awards aim to highlight projects that have delivered measurable improvements in?project execution, production, safety and sustainability, driving progress within the industry and showcasing the potential of digital twin solutions.
Future Events:
7-8 October 2024: FUTURE DIGITAL TWIN & GENERATIVE AI (AMSTERDAM) (Energy Transition Campus Amsterdam)
31 October 2024: FUTURE DIGITAL TWIN & GENERATIVE AI (MIDDLE EAST) (Abu Dhabi)?
2025: WORLD DIGITAL TWIN CONGRESS (Barcelona, 2025)
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