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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...
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...
BAAR, Switzerland, Nov. 11, 2018 /PRNewswire/ -- Weatherford International plc (NYSE: WFT) is introducing Vero automated connection integrity, which applies artificial intelligence to minimize safety risks and validate well integrity with absolute certainty. Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8413151-weatherford-introduces-vero-automated-technology-adipec-2018/ In applications ranging from conventional land to complex deep water, the Vero solution...
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...
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...
Fund will invest in Industry 4.0 applications that improve business processes, resource efficiency and environmental sustainability VANCOUVER, British Columbia and DELFT, Netherlands, Oct. 10, 2018 (GLOBE NEWSWIRE) -- Chrysalix Venture Capital, one of the most active industrial innovation venture capital firms, announces the first close for its new Fund, the...
LONDON, March 13, 2018 /PRNewswire/ -- Forget everything you thought you knew about the oil and gas industry. Blockchain technology could be about to unleash a major change throughout the whole energy market and this tech is a perfect match for oil and gas. Included in today's commentary: TransCanada Corp (NYSE: TRP), Pembina...
DUBLIN, Nov 7, 2018 /PRNewswire/ -- The "Global Blockchain Technology in Energy Market 2019-2023" report has been added to ResearchAndMarkets.com'soffering. The Global Blockchain Technology in Energy Market to grow at a CAGR of 65.34% during the period 2019-2023. Global Blockchain Technology in Energy Market Report 2019-2023, has been prepared based on an in-depth market analysis with inputs...
SINGAPORE, Oct. 29, 2018 /PRNewswire/ -- The "Digital Oilfield" has been one of the most discussed topics in the oil and gas industry in the past few decades. Whether oil prices soar or crash, digital technologies are often touted for finding more oil, extracting it more efficiently, and most importantly, keeping...
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...