Technical Focus

Digital oilfield market projected to reach US$38.49bn by 2024

DOF2According 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

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ADNOC and Total partner to map oil and gas reserves in the UAE

oilrecovery-deepwaterhorizon-flickrThe 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

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Lamprell delivers third jack-up rig to NDC in UAE

Lamprell-NDCProvider 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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GMS awarded first SESV contract in MENA region

GMS-ShamalOffshore contractor Gulf Marine Services (GMS) has been awarded the first contract award for self-elevating support vessel (SESV) GMS Shamal by a national oil company in the MENA region

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Advanced big data tools can help monitor pipelines and equipment

Oil pipesUSA-based management consulting firm Bain and Company reported that big data analytic tools could help oil and gas producers monitor pipelines and equipment, enabling a more predictable approach to maintenance

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