Industrial automation has begun a structural shift as value moves away from control and toward intelligence, according to a new report from Bain & Company, Industrial Automation: From Control to Intelligence. By 2030, nearly half of industry revenue is expected to rely on AI-enabled offerings, underscoring how value is shifting toward intelligence. Industrial automation is […] The post Nearly half of industrial automation revenue to rely on AI by 2030, Bain & Company finds appeared first on Web-Release.

    TotalEnergies (35%, operator) and its partners Eni (35%) and QatarEnergy (30%) have signed an agreement with the Lebanese government to enter Block 8 exploration permit offshore Lebanon. The consortium’s initial work program on Block 8 consists of the acquisition of a 1,200 km² 3D seismic survey, in order to further assess the area’s exploration potential. […] The post Lebanon: TotalEnergies enters Block 8 offshore exploration permit appeared first on Web-Release.