Saudi Aramco, the world's premier oil company, and Schlumberger, the world's leading oilfield services provider, have jointly developed new reservoir fluid-movement monitoring (FMM) technology to manage flow monitoring challenges in carbonate reservoirs. "We in Saudi Aramco are fully cognizant that collaboration - especially collaboration with the strongest performers - is an important venue to create solutions that would allow us to tackle future upstream challenges," said Amin Nasser, Vice President of Petroleum Engineering & Development, Saudi Aramco. "We have always enjoyed that spirit of collaboration, but our collaborative technology development efforts are currently at an unprecedented pace." "We are pleased with this expanded collaborative technology development with Saudi Aramco," said Ashok Belani, Chief Technology Officer for Schlumberger. "The sharing of knowledge and expertise of both companies has resulted in technology with considerable potential for the oil industry." --MORE
