National oil companies (NOCs) need to adopt an accelerated and holistic approach to digital transformation to retain their advantage, say Anil Pandey, partner at Strategy& Middle East, and David Branson, senior executive advisor at Strategy& Germany
Industry
King Salman Energy Park (SPARK) announces new investments
The pace of investment in Saudi Arabia’s King Salman Energy Park (SPARK) is accelerating, with National Petroleum Services Company (NAPESCO) signing an agreement with SPARK in August to invest US$100mn in a new facility
AVEVA and OSIsoft join forces to accelerate digital transformation
AVEVA, a global leader in industrial software, is to acquire OSIsoft, a global leader in real-time industrial data software and services, for US$5.0bn
Iranian President inaugurates major oil and gas projects
Iranian President Hassan Rouhani has inaugurated three major oil, gas and petrochemical projects worth around US$5.56bn, through video conference
Bureau Veritas plans for 50 per cent remote offshore surveys by 2021 end
With an aim to boost the drive towards real-time verification for offshore assets, Bureau Veritas is opening remote service centres in major locations around the world and is set to convert 50 per cent of physical surveys offshore to remote surveys by the end of 2021
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