IBM and Intel expand on energy initiative
IBM and Intel are expanding their joint initiative for the oil and gas sector, with major upgrades to their Energy Competency Centre (ECC) being rolled out this week.
IBM and Intel are expanding their joint initiative for the oil and gas sector, with major upgrades to their Energy Competency Centre (ECC) being rolled out this week. The two companies said they are also planning to roll out a host of similar facilities across the world this year.
The ECC, which is located at the Higher Colleges of Technology in Abu Dhabi, was opened in 2002 as a joint venture between IBM Middle East and Intel. The upgrades to the ECC will allow exploration and development companies to carry out a range of new functions, including deep computing visualisation, on-demand computing, grid computing, intelligent oil field solutions and asset life cycle management.
“The solutions to be unveiled at the ECC will make it easier for oil and gas companies in the region to test, evaluate and take full advantage of key technologies,” said Takreem El-Tohamy, general manager, IBM Middle East, Egypt and Pakistan.
“This [centre] has been a success story that is now replicated worldwide, and, by enhancing the facilities, we are hoping to keep the ECC’s role as a valuable resource to our energy customers in the region and worldwide,” said Samir Al-Schamma, Intel’s general manager in the GCC.
Deep computing visualisation allows companies to take a range of seismic, well log, and other geophysical and geological data and use it to create models that they can study. Intelligent oil field solutions allow the user to take data such as temperature and pressure from production facilities and study it, allowing for better and faster decision-making. Asset life cycle management is also important for oil and gas companies, which need to manage large capital assets and lower operating expenses while producing more reserves.