Information Technology

Oil and gas cloud applications market worth US$5.1bn by 2019

report2Global cloud-based applications in oil and gas market is expected to grow from US$2.7bn to US$5.1bn with CAGR of 13.6 per cent by 2019, according to new report by MarketsandMarkets

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‘Big data tools can boost oilfield performance up to eight per cent more’

BCWith big data tools, oil and gas producers can capture more detailed data in real-time at lower costs, which can help them improve oilfield and plant performance by six per cent to eight per cent, according to a research by Bain & Company

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Honeywell’s new research lab to protect data from cyber attacks

HoneywelllabSoftware company Honeywell has announced the opening of Honeywell Industrial Cyber Security Lab to protect oil and gas data from cyber attacks

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Total appoints SGI to boost its supercomputer’s performance

TotalEnergy firm Total has selected data analytics provider SGI to upgrade its supercomputer Pangea

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Big data to rescue oil and gas companies amidst lower crude prices

IDC-ormeWhile oil prices have dropped under US$50 per barrel, oil and gas companies are turning to big data technologies to save on costs and planning time

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