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India’s new Industrial Policy proposes Ease of Trade
July 20, 2018
Source: ET Energy World

India’s new Industrial Policy proposes Ease of Trade

If sources were to be believed, the new Indian industrial policy which is to be released soon, will replace the 1991 policy, focusing on the use of big data and promotion of digital ports. The policy has been designed to further establish robust international linkages by strengthening India’s global exports. The idea is to integrate the Indian market with the global market by removing the existing barriers.

Gazprom joins hands with IBM for new technology
June 7, 2018
Source: Compelo

Gazprom joins hands with IBM for new technology

After Skolkovo Institute, Russian-Gazprom NEFT has now reached an agreement with tech giant IBM for the development of new technologies in onshore oil production. The new technology will be used to boost the efficiency of geological exploration and production of onshore reserves. The expanded cooperation is within the framework of an agreement made on strategic cooperation between Gazprom and IBM during this year’s St. Petersburg International Economic Forum.

Chiyoda and ADNOC LNG sign MOU for digital technology
May 7, 2018

Chiyoda and ADNOC LNG sign MOU for digital technology

Chiyoda Corporation, the Japanese engineering major, has concluded a Memorandum of Understanding (MOU) with Abu Dhabi Gas Liquefaction Company Limited (ADNOC LNG) to provide state-of-the-art digital technologies, including artificial intelligence and big data analytics, on ADNOC LNG’s facilities. Chiyoda is striving to achieve the objective of ‘technology and business innovation (developing a new business model for a digital society)’.

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