Aramco earns two World Oil Awards
Aramco was recognized with two World Oil Awards in exploration technology and water management during this year’s event honoring the upstream energy industry’s leading innovators and game-changing technologies.
Aramco was recognized with two World Oil Awards in exploration technology and water management during this year's event honoring the upstream energy industry's leading innovators and game-changing technologies.
The competition was fierce with over 300 nominations in 18 different categories representing multiple disciplines within the upstream sector.
The Best Exploration Technology Award went to Aramco for “Airborne Micro-TEM and Physics Deep Learning: A Solution for Seismic Near Surface Corrections in Sand-Covered Areas.” Sand-covered areas such as desert environments, pose challenges to seismic imaging for resource exploration and monitoring. Aramco developed an out-of-the-box ultra-resolution and low-cost approach to seismic near surface corrections by coupling a custom-designed helicopter-borne micro-Transient Electromagnetics (micro-TEM) with in-house developed algorithms for physics- driven deep learning to measure and map near surface features.
The Best Water Management Technology Award was received for “A Sustainable Produced Water Management Technology for Circular Water Economy.” With huge volumes of water produced along with hydrocarbons in oil and gas fields, a sustainable produced water management solution was developed to recycle and reuse water by transforming its ionic properties.
The international recognition Aramco has received over the past 20 years of this award illustrates the company's strong connection between research and development and improving operational and business performance. Aramco's EXPEC Advanced Research Center (EXPEC ARC) has received numerous local, regional, and international awards throughout the years for its leadership in upstream R&D.
The annual competition places Aramco among the world's best energy companies and service providers as well as material science companies and data and digital transformation organizations.