Tatweer Petroleum, the company responsible for upstream oil and gas operations in the Kingdom of Bahrain, signed a memorandum of understanding (MoU) with the University of Bahrain (UOB) to mark the inauguration of a strategic partnership between the two organizations. The signing ceremony took place at Tatweer Petroleum’s headquarters in Al-Rumamin and was attended by Tatweer Petroleum executive management led by CEO, Mr. James Eastlack, and UOB representatives, including President, Professor Riyad Yousif Hamza.
The MoU incorporates collaborative research and development opportunities in the field of Data Science and Artificial Intelligence in the oil and gas industry. Tatweer Petroleum and UOB will work together to investigate new ways to analyze, visualize, and understand machine learning processes and data analytics algorithms, leveraging Tatweer’s existing big data models and efficient collection of data through Internet of Things (IoT).
Commenting on this occasion, Tatweer Petroleum CEO, Mr. James Eastlack, said: “We are delighted to enter into this partnership with UOB, which represents mutual interest between both organizations. Data Science and Artificial Intelligence play a vital role in the success of future upstream oil operations, and this emerging field will bring together engineers, mathematicians, statisticians, and computer scientists, creating a long and fruitful relationship between UOB and Tatweer.”
UOB President H.E. Dr. Riyad Yousif Hamza expressed his pride in the partnership with Tatweer Petroleum, noting that the accumulated experience of both sides will make this partnership a success. “The University of Bahrain has expertise in many fields including engineering, information technology, and related science fields,” he said. “These programs receive sizable support and attract the best national and foreign competencies in the academic field. There is no doubt that this partnership will benefit both parties, strengthening the link between our University to all vital sectors in the Kingdom of Bahrain, as this is an essential part of our mission.”