Sunday 17 November 2019

Adnoc, G42 to set up JV to develop AI products

The Abu Dhabi National Oil Company (Adnoc) has signed an agreement with Group 42 (G42), an Abu Dhabi based AI, cloud and supercomputing firm, to set up a joint venture to develop and commercialize market-leading AI products for the oil and gas industry. Under the terms of the agr


Top HVAC R pioneers set for big Dubai summit

Leading global players in the heating, ventilation, air-conditioning and refrigeration (HVAC R) industry will be in Dubai for a crucial one-day summit where they will discuss the latest technologies and innovative strategies to develop the sector in the region. The all new HVAC R


Schneider Electric to showcase key solutions for oil, gas sector

Schneider Electric is showcasing its innovative solutions for the energy sector such as the Internet of Things (IoT)-enabled, open, interoperable architecture EcoStruxure for Oil, Gas and Petrochemicals, Power and Process Solutions at the ongoing Abu Dhabi International Petroleum Exhibition &am


Honeywell wins major KIPIC automation deal

Kuwait Integrated Petroleum Industries Company (KIPIC) has selected Honeywell Process Solutions to be the main automation contractor for its new Petrochemicals and Refinery Integration Al Zour Project (PRIZe). KIPIC is a subsidiary of Kuwait Petroleum Corporation (KPC), set up by


Penspen wins major Adnoc PMC framework agreement

Penspen, a major provider of engineering, project management, asset management and integrity services to the oil and gas industry, said it has secured a prestigious project management consultancy (PMC) framework agreement from the Abu Dhabi National Oil Company (Adnoc). The frame


Adipec to host strategic Oil and Gas 4.0 conference

The Abu Dhabi International Petroleum Exhibition (Adipec) is embracing the wave of innovation impacting the full hydrocarbons value chain with its landmark strategic conference Oil and Gas 4.0. The conference agenda links oil and gas to the ‘Fourth Industrial Revolution&rsq


Sanctions to limit benefits from Iran’s giant oil find

Limits on investment and exports due to sanctions mean that the exploration successes at Iran’s Namavaran field can’t translate into material benefit, said an industry expert. “Iran already has a large number of projects holding billions of barrels of resources


Restrata displays cutting-edge tech at Adipec

Restrata, a technology company focused on security and emergency response solutions, is bringing its flagship personnel safety and security tool, the Restrata Platform, “home” to this year’s Adipec exhibition and conference in Abu Dhabi. The technology, which pr


Global heavyweights gear up for Big 5 Solar expo

Leading brands from around the world are set to gather at the Middle East’s only dedicated platform for solar solutions in construction, The Big 5 Solar, which kicks off in Dubai this month. Now in its third edition, the mega solar event runs at Dubai World Trade Centre fro


ICE, Adnoc to launch crude oil futures exchange

Intercontinental Exchange (ICE), a leading operator of exchanges, and Abu Dhabi National Oil Company (Adnoc) have partnered with nine global energy traders are on the launch of ICE Futures Abu Dhabi, a new exchange in Abu Dhabi Global Market (ADGM) that will host the world's first Murban cr

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