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Interview: Digital wins in Brazil

Duperron Marangon Ribeiro, CEO of PhDsoft, talks to The Oil & Gas Year (TOGY) about the benefits of the company’s technology and the Brazilian market’s growing interest in digital solutions. PhDsoft’s risk management and asset integrity technology has been used in the Brazilian oil and gas industry by Petrobras and Transpetro, among others. • On […]

What Is Digital Twin Technology – And Why Is It So Important?

While the concept of a digital twin has been around since 2002, it’s only thanks to the Internet of Things (IoT) that it has become cost-effective to implement. And, it is so imperative to business today, it was named one ofGartner’s Top 10 Strategic Technology Trends for 2017. Quite simply, a digital twin is a virtual […]

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PHDSOFT WINS ANOTHER INNOVATION PRIZE: NOW IN CHINA

After being recently awarded with Shell Innovation Challenge, PhDsoft and its Digital Twin technology has just won a new prize. This time, it was the 1st prize in InnoSTARS Competition, in Shenyang, China. The company won the Competition on September 20 after a fierce preliminary competition with nearly 1,000 companies and makers from the United […]

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The next frontier for digital technologies in oil and gas

Over the past several years, the global oil and gas industry has had to navigate very choppy waters; after a prolonged run of high and growing rig counts, mega-capital-expenditure projects, and plentiful capital to support investment, oil prices slid precipitously in 2014 and 2015. Within a matter of months, oil companies that had invested heavily […]

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Economic Prosperity in the Digital Age

BY JOHN CHAMBERS SAN JOSE – Around the world, people are demanding change. Recent electoral outcomes – perhaps most notably, the Brexit vote in the United Kingdom and the presidential election in the United States – have highlighted rising economic uncertainty. In this environment, it is imperative that leaders articulate and deliver on a clear […]