Who Said Data is the New Oil? The term “data is the new oil” was coined by British mathematician and data scientist Clive Humby in 2006. Since then, many people have used this idea or something similar. But it wasn’t until 2017 that The Economist...
With the recent introduction of digital technologies in exploration, drilling and production, the oil and gas industry has become more data-driven. Seismic and micro-seismic data analysis, improved reservoir characterization and simulation, reduced drilling time and...
The UAE is planning to launch regional oil benchmark The UAE government-led ADNOC, long regarded as one of the Middle East’s most conservative oil companies, plans to revise its trading activities to mimic the success of large oil companies and strengthen its...
