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Total signs MoU with Papua New Guinea on gas agreement
France’s Total and its partners ExxonMobil and Oil Search have signed a Memorandum of Understanding (MoU) with the Independent State of Papua New Guinea defining the key terms of the Gas Agreement for the Papua LNG Project.
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Rovco strengthens business development team
Rovco established a dedicated business development team to support its ambitious growth plans, as it looks to increase its presence in key international markets.
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ADNOC to spend AED 18 bln on local goods, services by 2018-end
Abu Dhabi National Oil Company (ADNOC) said its In-Country Value (ICV) spend for 2018 will be over AED 18 billion.
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Schlumberger brings in new well testing technology
Schlumberger has introduced Concert well testing live performance technology at ADIPEC. The new technology brings real-time surface and downhole measurements, data analysis, and collaboration capabilities to well testing.
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03 Jul 2018
Submissions Open for Oil and Gas Industry’s Prestigious ADIPEC Awards 2018 Edition
Submissions Open for Oil and Gas Industry’s Prestigious ADIPEC Awards 2018 Edition
Entries for the oil and gas industry’s prestigious ADIPEC 2018 Awards are now open, with six categories focused on issues crucial to the progress and resilience of the hydrocarbons sector.
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Submissions Open for Oil and Gas Industry’s Prestigious ADIPEC Awards 2018 Edition
Entries for the oil and gas industry’s prestigious ADIPEC 2018 Awards are now open, with six categories focused on issues crucial to the progress and resilience of the hydrocarbons sector.
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21 May 2018
Energy CEOs Embrace Digitalisation as New Technology Transforms Global Oil and Gas Industry
Energy CEOs Embrace Digitalisation as New Technology Transforms Global Oil and Gas Industry
Digitalisation is the number-one trend driving CEO decision-making in the global oil and gas sector. According to recent research by international consulting firm, McKinsey, a range of interconnected emerging technologies have the power to unlock a potential USD 50 billion in savings and increased profit. Encompassing fields such as artificial intelligence (AI), blockchain, robotics, sensor technology, machine learning, deep learning, and edge computing, digitalisation is expected to cut capital expenditure by 20 percent, with operating costs in upstream cut 3-5 percent and 1-3 percent in downstream.
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Energy CEOs Embrace Digitalisation as New Technology Transforms Global Oil and Gas Industry
Digitalisation is the number-one trend driving CEO decision-making in the global oil and gas sector. According to recent research by international consulting firm, McKinsey, a range of interconnected emerging technologies have the power to unlock a potential USD 50 billion in savings and increased profit. Encompassing fields such as artificial intelligence (AI), blockchain, robotics, sensor technology, machine learning, deep learning, and edge computing, digitalisation is expected to cut capital expenditure by 20 percent, with operating costs in upstream cut 3-5 percent and 1-3 percent in downstream.
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