CGG launches AI Cloud solution
Oil Review Middle East Magazine
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1d ago
Agnès Boudot, EVP, HPC & Cloud Solutions, CGG, said, “Demand for AI, data science and HPC workloads is growing exponentially as forward-looking companies seek to harness the power of deep learning, large language models and large-scale intelligent data processing to automate and revolutionise their complex business tasks to drive innovation and stay competitive. In response, CGG has launched its AI Cloud offering to provide the end-to-end AI solutions they need to efficiently streamline these workloads while meeting sustainability commitments ..read more
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Honeywell launches new olefin production process
Oil Review Middle East Magazine
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1d ago
The new solution is a part of Honeywell’s Integrated Olefin Suite technology portfolio to enhance the production of light olefins ..read more
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Halliburton launches lost circulation cementing solution
Oil Review Middle East Magazine
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1d ago
“Lost circulation is the main contributor to costly nonproductive time (NPT) in well construction,” said Matt Lang, vice president of Cementing, Halliburton . “SentinelCem Pro cement safely pumps through the bottom-hole-assembly to help customers quickly address lost circulation events and reduce NPT ..read more
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Advancing hydrogen development in the MENA region
Oil Review Middle East Magazine
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1d ago
Read the full interview in the latest issue of the magazine, at  is crucial in the short term, as it helps de-risk investments by providing a guaranteed market for hydrogen products. in attracting international businesses and talent. Combined with economic stability, the region is well positioned as a global leader in low-carbon hydrogen production and innovation. lower costs and make hydrogen more competitive ..read more
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Chinese companies dominate Iraq bidding round
Oil Review Middle East Magazine
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1d ago
Iraq is the second largest OPEC oil producer after Saudi Arabia, currently producing around 4.3mn bpd. However, it is yet to harness the full potential of its huge oil and gas reserves, with security concerns and unfavourable contract terms acting as a deterrent to badly needed foreign investment. Gas flaring is also a serious issue. In 2022, the country was the second-largest source of gas flaring worldwide, according to World Bank data, although some initiatives are now underway to capture and use the associated gas rather than flaring it.  ..read more
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ADNOC Drilling announces record Q1 results
Oil Review Middle East Magazine
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1d ago
Abdulrahman Abdulla Al Seiari, chief executive officer, ADNOC Drilling, said, “Our strong first quarter performance demonstrates that we have entered a new era for the company as we go from strength-to-strength. Our multi-faceted strategy of enabling ADNOC’s conventional and unconventional production capacity growth to meet the world’s growing demand for energy will further transform the business in 2024-onwards. The US$1.7bn contract award represents a transformational opportunity as the UAE’s world class unconventional energy resources will require many thousands of wells and we are in prime ..read more
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Middle East conflict escalation could send oil prices soaring
Oil Review Middle East Magazine
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1w ago
A major flare-up in Middle-East conflict could stoke global inflation and drive oil prices above US$100/bbl, according to the World Bank’s latest ..read more
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GlobalData highlights Aramco's technology innovation leadership
Oil Review Middle East Magazine
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1w ago
Aramco is ahead of the curve in spearheading cutting-edge technology such as artificial intelligence (AI), both in its own operations and beyond, according to new research from GlobalData ..read more
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The third dimension of risk assessment
Oil Review Middle East Magazine
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1w ago
Larry Wilson, Author and CEO, Safestart, pens an eye-opening piece on risk assessments ..read more
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Infrastructure investing: now a US$1 trillion+ asset class
Oil Review Middle East Magazine
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1w ago
Infrastructure serves as the foundation of contemporary economies, comprising a diverse array of physical assets essential for the operation of both societies and enterprises ..read more
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