#oil and gas
Dana Gas has invested over $2bn since first entering Egypt in 2007
ADNOC also announces an increase in national reserves of 4 billion STB of oil and 16 trillion SCF of natural gas
Recent studies found that high-performance AI frameworks powered by GPUs can improve profitability by over 13 per cent in oil field planning scenarios
AI and data analytics are already finding increasing adoption in the oil and gas sector, across a wide range of scenarios for upstream and downstream use cases
Growth is expected to be subdued until at least till end 2021, report says
Deploying technological tools will help regional oil and gas operators improve worker health and safety and innovate to find new solutions
The energy sector continues to be the biggest pillar powering the growth of GCC economies. But as it reels with the impact of the historic oil price drop and the Covid-19 pandemic, is the outlook for the future brighter?