AI & Seabed Mapping Project Recognized
awards, following the co-development of an AI solution aimed to improve the speed and ease of real-time seabed mapping.GeoAcoustics, a manufacturer of sonar equipment for seabed mapping, approached UEA’s School of Computing Sciences, and feasibility study was first undertaken to see if AI technology could automatically remove unwanted noise from sonar data. This was carried out by two MSc Computing Science students, supervised by Dr. Wenjia Wang and Dr. Ben Milner, and a team from GeoAcoustics.Following encouraging results, further R&D grants were awarded; an Enabling Innovation: Research
Shell to Use New AI Technology in Deepwater Oil Exploration
Shell Plc will use AI-based technology from big-data analytics firm SparkCognition in its deep sea exploration and production to boost offshore oil output, the companies said on Wednesday. SparkCognition's AI algorithms will process and analyze large amounts of seismic data in the hunt for new oil reservoirs by Shell, the largest oil producer in the U.S. Gulf of Mexico. "We are committed to finding new and innovative ways to reinvent our exploration ways of working," Gabriel Guerra, Shell's vice president of innovation and performance, said in a statement. The goal is
Saildrone Closes $100 Million Series C Funding Round
mid-October announced the close of its $100 million Series C round, bringing its total funding to $190 million.Led by BOND, the round includes new investors XN, Standard Investments, Emerson Collective and Crowley Maritime Corporation, as well as participation from previous investors, Capricorn’s Technology Impact Fund, Lux Capital, Social Capital and Tribe Capital. Saildrone said it will use the new financing to grow its data insight teams and scale go-to-market functions to meet the rapidly growing demand for ocean domain intelligence.An American owned and operated company founded in 2012, Saildrone&rsqu
FarSounder Signs on NAVSEA UUV Project
research and development project led by GMATEK Inc. This project is contracted by the U.S. Navy’s Naval Sea Systems Command (NAVSEA), Program Executive Office - Unmanned and Small Combatants (PEO-USC).The research project will apply machine learning and deep-learning artificial intelligence (AI) technology to identify solutions and develop a system to mitigate and compensate for sensor degradation on board unmanned surface and undersea vehicles (USV/UUV). GMATEK will include FarSounder’s newest product the Argos 350 among the sensors being utilized. The FarSounder team will contribute their
Wood, NERA Team Up for AI-Powered Subsea Inspections
and development president of Wood’s Technical Consulting Solutions business, said:"Outcomes from this project could potentially transform an industry where inspections are susceptible to human-error and inconsistencies. By combining Wood’s deep domain knowledge with cutting-edge AI technology, we create a safer and faster inspection approach and provide operators with more accurate and up-to-date information to help maximize the output of their assets
Navis Survey Acclaims AI
reported deploying a high level of AI within their operations. More than half (56%) reported being in learning or piloting phases while 11% noted having deployed some AI into terminal operations.When asked to identify the biggest challenges to achieving the benefits of AI, respondents noted a lack of AI technology skills (68%), data quality (57%), relevant industry use cases with business outcomes (34%) and data availability (30%) among the top reasons.Navis is a part of Cargotec Corporation and provider of operational technologies and services that unlock greater performance and efficiency for the world&rsquo
Artificial Intelligence Aids Subsea Object Detection
, the SEADP automatically computes the boulder position, length and height to further automate the vital analysis of the seabed condition.The new package is the first in the AOD series of AI-based technology products that Coda Octopus intends to launch during fiscal year 2019. The company said SEADP AI technology development is ongoing with a current focus on manmade objects (MMOs) and mine-like objects (MLOs) detection and classification.Annmarie Gayle, CODA's Chairman and CEO, said, "The subsea market is evolving and seeking technology that can increase productivity gains, thus reducing costs
February 2024
