Machine learning has the potential to improve efficiency, increase production, and reduce costs in the oil and gas industry, according to a new report from GlobalData, a leading data and analytics company
Industry
GCC onshore drilling rig demand set to grow 25% by 2027: Westwood Insight
Energy consultancy Westwood is predicting a healthy 25% demand growth for land rigs in the GCC region from 2023-2027, as Saudi Arabia and the UAE pump billions into reaching production capacity targets
Scepter, ExxonMobil and AWS collaborate to mitigate methane emissions
Scepter, Inc. and ExxonMobil are working with Amazon Web Services (AWS) to develop a data analytics platform to characterise and quantify methane emissions
TGT Diagnostics to establish new technology hub in Abu Dhabi
TGT Diagnostics has signed an agreement to build a new technology hub in Abu Dhabi
voestalpine Group expands tubulars portfolio
voestalpine Group is expanding its portfolio in the section tubes segment, as the product range of welded hollow sections from voestalpine Krems (Austria) will now be supplemented by seamless hollow sections from voestalpine Tubulars at the Kindberg (Austria) site