12/10/2017 13:15 AST

The world needs a healthy geophysical industry. Connecting applied geophysics to the business is more important than ever as operators look to lower costs and identify economically viable exploration and production opportunities.

That was the message during the opening plenary session for this year’s Society of Exploration Geophysicists (SEG) International Exposition and 87th annual meeting.

The quality of seismic data and the analysis provided by geophysics professionals enables companies to make the best choices and be successful. The next generation of geophysics will call for even more computational power with exascale computing — computing capable of a billion billion calculations per second — to process the data from complex geological structures.


Press Release

SNC-Lavalin, Aramco sign deal on in-kingdom opportunities

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SNC-Lavalin and Saudi Aramco today signed a memorandum of understanding (MoU) signalling SNC-Lavalin's continued commitment to creating and accelerating opportunities for local work forces in Saudi A

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Saudi Aramco to Seek Pitches for IPO Coordinator Roles

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Saudi Arabian Oil Co. is asking banks to pitch for roles as coordinators and bookrunners on its initial public offering, people familiar with the matter said, as the state-owned crude producer pushes

Bloomberg

Saudi Aramco signs $10.4 billion worth of MOUs with companies

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Saudi Aramco signed on Wednesday agreements with foreign and local companies worth at least 39 billion riyals (8 billion pounds).

The bulk of the memorandum of understanding agreements wer

Reuters

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DIB scoops four accolades at Islamic Business and Finance Awards 2017

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Dubai Islamic Bank (DIB), the largest Islamic Bank in the UAE, picked up four major awards at the Islamic Business & Finance Awards 2017, a prestigious industry event that endorses and recognises tho

CPI Financial

NBF retains “Best Islamic Window–UAE” Award

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NBF Islamic has once again taken home the coveted accolade titled “Best Islamic Window–UAE” for the second consecutive time at the Islamic Business & Finance Awards 2017.

Prevailing over f

CPI Financial

FAB inaugurates new HQ after merger

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First Abu Dhabi Bank (FAB) marked the official inauguration of its new headquarters in Abu Dhabi’s Khalifa Business Park at an event attended by senior management.

The new location marks t

Gulfnews

Etisalat signs 15-year lease pact with Gulf Data Hub

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Etisalat signed an exclusive 15-year wholesale lease agreement with Gulf Data Hub to acquire the full capacity of its Tier III data centre to provide data centre services to private enterprises, gove

Gulfnews

Batelco EGM approves key resolutions

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Batelco, an international telecommunications group with operations across 14 countries, today held an extra-ordinary general meeting to discuss proposed changes to Batelco’s Memorandum and Articles o

Trade Arabia