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A group of oil and gas companies have partnered to establish the first industry blockchain consortium in the United States. With several use cases across the industry value chain, the consortium, residing under the Offshore Operators Committee (OOC), intends to conduct proofs of concept with this emerging technology in...
Alastair Caithness, CEO, to officially launch ZiyenCoin at the leading Oil and Gas Blockchain Event in the world Momentum Events is delighted to announce the appointment of Ziyen Inc., a Scottish American Oil and Energy Company, as the Official Supporting Partner for the upcoming Blockchain Oil & Gas Summit – Increasing...
Ziyen Inc., a Scottish American Oil and Intelligence Company, has launched a new international Oil and Gas Blockchain and Cryptocurrency News Website. OilBlockchain.News has been developed by the Scottish Software Division of Ziyen Inc., to become the leading international portal on how blockchain technology such as cryptocurrency, smart contracts and distributed...
SHANGHAI (Reuters) - Chinese blockchain platforms will have to censor content, allow authorities access to stored data and check the identity of users under rules set out on Thursday by Beijing. The Cyberspace Administration of China (CAC) said that the regulations, which will come into force next month, will "advance...
Tranzmeo, has secured an undisclosed pre-seed round funding from Hindustan Petroleum Corporation Limited , India (HPCL) for its AI-powered product, T-connect OneView. This marks the only AI start-up in the Kerala to get PSU investment from a Fortune500. The start-up will be utilizing the funds to accelerate research and development of its advanced,...
Kellton Tech is pleased to announce the successful implementation of its Cloud based AI-enabled IoT platform, Optima, for one of its customer in the Oil and Gas industry. Kellton Tech’s proprietary IoT Edge device Envision, a remote communication modular gateway was used for this implementation. The customizable IoT platform, Optima, connects multiple...
The Abu Dhabi National Oil Company (ADNOC) has announced its successful collaboration with IBM, piloting a Blockchain-based automated system to integrate oil and gas production across the full value chain. The groundbreaking system provides a secure platform for the tracking, validating and execution of transactions at every stage, from...
OKLAHOMA CITY, Dec. 4, 2018 /PRNewswire/ -- Oseberg, a leading SaaS and data intelligence company in the oil and gas industry, announced today the creation of a new consulting practice dedicated to delivering actionable data intelligence from physical and scanned documents. Dean Williams, a former IHS Markit executive with over...
Oil majors and trading firms can start finalising crude oil deals on a live blockchain-based platform for the first time, in a move that could revolutionise the market. Commodities trading firms have piloted similar schemes in recent years as blockchain technology has the potential to drastically cut costs in an...
GLENDALE, Calif., Nov. 20, 2018 /PRNewswire/ -- Beyond Limits, a leading developer of advanced artificial intelligence (AI) solutions, today announced the company's upcoming participation in the Oil & Gas Council's World Energy Capital Assembly (WECA). Since its inaugural assembly in 2008, the event has attracted executives, financiers, and investors from...