UK-based oil and gas consultant CGG Robertson and research firm Wood Mackenzie have launched a new exploration valuation tool EV2 to accurately assess the future potential of oil and gas fields
Spain-based energy firm Repsol has announced that it will use IBM’s supercomputer Watson for developing data analysis tools to find new oilfields
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
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
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
