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Ariba (now SAP Ariba) was founded in 1996 [4] by Bobby Lent, Boris Putanec, Paul Touw, Rob Desantis, Ed Kinsey, Paul Hegarty, and Keith Krach [5] on the idea of using the Internet to enable companies to facilitate and improve the procurement process, which was paper-based, labor-intensive, and inefficient for large corporations.
Schlumberger NV (French: [ʃlumbɛʁʒe, ʃlœ̃b-]), doing business as SLB, also known as Schlumberger Limited, is an American oilfield services company. [3] [4] As of 2022, it is both the world's largest offshore drilling company and the world's largest offshore drilling contractor by revenue.
2004 Khobar Massacre. On 29 May 2004, a Saturday, four men armed with guns and bombs attacked two oil industry installations and a residential compound, in Al-Khobar, Saudi Arabia —the hub of the Saudi oil industry. [1] Over approximately 25 hours, the gunmen, describing themselves as members of "The Jerusalem Squadron" or "Jerusalem Brigade ...
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The Majnoon Oil Field is a super-giant oil field located 60 km (37 mi) from Basra in southern Iraq. [1] Majnoon is one of the richest oil fields in the world with an estimated 38 billion barrels of oil in place. The field was named Majnoon which means crazy in Arabic in reference to excessive amount of oil in a dense area.
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Petrel (reservoir software) Petrel is a software platform used in the exploration and production sector of the petroleum industry. It enables the user to interpret seismic data, perform well correlation, build reservoir models, visualize reservoir simulation results, calculate volumes, produce maps and design development strategies to maximize ...