Spanish firm to use IBM’s tech to find new oilfields
Spain-based energy firm Repsol has announced that it will use IBM’s supercomputer Watson for developing data analysis tools to find new oilfields
Technology
Alderley FZE to supply equipment for refinery project in Saudi Arabia
UK-based oil and gas engineering company Alderley FZE has secured a contract to supply nine oil metering systems and small volume provers for the Jazan Refinery Package 14, Marine Terminal Project in Saudi Arabia
Digital oilfield market projected to reach US$38.49bn by 2024
According to global market research firm MarketsandMarkets, the digital oilfield services and processes market will grow from an estimated US$24.6bn in 2014 to US$38.49bn by 2024
ADNOC and Total partner to map oil and gas reserves in the UAE
The Abu Dhabi National Oil Company (ADNOC) has partnered with French oil major Total to work on a Digital Rock Physics (DRP) project that would aid in mapping oil and gas reserves in the UAE
Lamprell delivers third jack-up rig to NDC in UAE
Provider of fabrication, engineering and contracting services to oil and gas industry Lamprell has announced that it has completed the construction of a further jackup drilling rig Shuwehat for Abu Dhabi’s National Drilling Company (NDC) and delivered it to the company
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