Information Technology
OilX platform harnesses AI to transform oil trading analytics
Maritime 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
PermianChain 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
Engineering 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
Emerson 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
The 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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- UAE economy remains relatively robust despite slowing growth rate
- IEA: "Current government policies are not sufficient to achieve long-term global climate goals"
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