The Abu Dhabi National Oil Company (ADNOC) has announced the launch of AIQ, its Artificial Intelligence (AI) joint venture company with Group 42 (G42), an Abu Dhabi-based AI and cloud computing company
Industry
Weatherford introduces ForeSite Sense reservoir monitoring solution
Weatherford International has launched ForeSite Sense, a comprehensive reservoir monitoring solution that shows, in real-time, critical downhole data such as pressure, temperature and flow
AVEVA to improve supply chain visibility providing timely crude oil quality information
AVEVA has announced the launch of the latest enhancement to its AVEVA Unified Supply Chain platform to help customers gain visibility into their business and operations to quickly understand how crude quality impacts value chain
Aramco delays major investment due to COVID-19's impact on oil prices and demand
Aramco has been forced to delay two large expansion projects at the Marjan and Berri complexes as the impacts of the virus have been far reaching for the global economy, oil prices and demand, according to GlobalData
ADNOC Trading commences derivatives trading
The Abu Dhabi National Oil Company’s (ADNOC) one of the new trading entities, ADNOC Trading, has started derivatives trading as a direct market participant
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