(IN BRIEF) Hexagon’s Mining division has acquired Drill Assist from Phoenix Drill Control, LLC, a move that accelerates AI-driven drill automation. The technology improves drilling performance by optimizing penetration rates, providing precise downhole data, and enhancing machine availability. Drill Assist … Read the full press release
Posted in Artificial Intelligence (AI), Business, Industrial, Management, Metals and Minerals, Sweden, Technology
Tagged AI-Driven Automation, artificial intelligence, autonomous drilling, blast planning, downhole data, Drill Assist, drilling technology, energy consumption, Hexagon, machine availability, mining, mining solutions, operator training, penetration rate, Phoenix Drill Control
(IN BRIEF) Neste has agreed to sell its NAPCON digital solutions business to Lummus Technology, a global leader in hydrocarbon processing technologies. NAPCON includes advanced software for process optimization, AI-driven analytics, and operator training. The deal, expected to close by … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Finland, Industrial, Investment, Management, News, Technology
Tagged AI-based process optimization, digital transformation, Ferroman, industrial AI, Industry 4.0, Leon de Bruyn, Lummus Digital, Lummus Technology, Markku Korvenranta, NAPCON, Neste, operator training, partnership, plant efficiency, Process Automation, process safety, refinery analytics, smart manufacturing, sustainable energy, TCG Digital, tech acquisition 2025
ESPOO, 12-Nov-2018 — /EuropaWire/ — Chevron Lummus Global (CLG) and Neste Engineering Solutions have signed a collaboration agreement regarding NAPCON operator training simulators for residue hydrocracking technologies. The agreement will cover all the residue hydrocracking technologies of Chevron Lummus Global, for … Read the full press release
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