Information Technology

OilX platform harnesses AI to transform oil trading analytics

37600578262 6c5f73a99d zMaritime experts Signal Group and OilX have launched a technology platform aimed at transforming the oil trading industry through the use of artificial intelligence

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PermianChain launches oil and gas trading platform

business 1730089 640PermianChain Technologies, an information technology and services company, has launched the prototype of its platform for trading potential oil and gas reserves that have yet to be developed

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ABB wins US$25mn Statoil project

Oil IOTEngineering conglomerate ABB said it had won an order worth US$25mn to supply ABB Ability, the company’s digital offering to manage industrial operations, for Statoil’s Johan Castberg oil field development project in Norway

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Emerson donates oil and gas reservoir characterisation software licenses to AUC

RoxarEmerson has donated licenses for Roxar RMS, Roxar Tempest Suite and Roxar METTE, the company’s oil and gas reservoir characterisation and engineering software, to The American University in Cairo (AUC)

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Cloud technology improves productivity and lowers costs in PP&M industries

Cloud HexaThe companies operating in the process, power and marine industries (PP&M) are required to adopt Cloud technology to remain competitive and structure information to ensure safety and effectiveness, said Rafi Hattar, vice-president at Hexagon PPM Middle East & Africa

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