Saudi Aramco PhD Student Wins MIT Research Award

MIT

Zeid Al Ghareeb, a Saudi Aramco sponsored student pursuing a Ph.D. in Petroleum Engineering at the Massachusetts Institute of Technology (MIT), has been awarded a Seed Fund grant of $150,000 for doctoral research from the MIT Energy Initiative (MITEI).

The proposed research was endorsed by founding and sustaining members of MITEI, including Saudi Aramco, BP, Shell, Schlumberger and Chevron, among many others.

Al Ghareeb was recognized for his research titled “Optimum Decision Making in Reservoir Management Using Reduced-Order Models.” Al Ghareeb’s research focuses on broadening the application of oil reservoir simulation for decision making in light of geological, operational and financial uncertainties using fast, physics-based reduced-order models. The award will help in tackling real world problems.

Incorporating operational and financial models with geologic models throughout the decision-making framework is not common, according to Al Ghareeb, and will require collaboration with energy economists, engineers and geologists.

Zeid Al Ghareeb

This multidisciplinary approach to reservoir simulation and management is expected to include seminars and summits through MITEI to address this challenge and emphasize the effect of coupling these models in the reservoir optimization and decision-making process. The goal is to make this process educational to engineers and scientists, and attractive to energy economists.

A recent memorandum of understanding between Saudi Aramco and MIT will help expand the partnership between the school and the company, and includes research encompassing renewable energy, energy efficiency, energy economics, CO2 management and conversion, desalination, advanced materials and a range of hydrocarbon production areas, such as computational reservoir modeling and simulation, geophysics and unconventional gas.

CFI

Recent Posts

Is Islamic Finance Now Mainstream?

Combatting usury, ensuring ethical standards, and sweeping the world: a new financial cornerstone emerges. Islamic…

18 hours ago

Asian Development Bank – Freezing the Impact: Tackling Glacial Melt with Resilient Solutions

Glacial melting threatens regional water security, ecosystems, and economies. Countries must prioritise low-carbon, climate-resilient development…

3 days ago

Moody’s Ratings: Leading in Transition Finance, and Embracing Digital Innovation

A new positioning based on boldness, clarity, and perceptiveness. Moody’s Investors Service Transition to Moody's…

4 days ago

Telegram Lives: Pavel Durov in Trouble but Refuses to Back Down

Russian-born activist and proponent of individual freedom in hot water, but defiant. Pavel Durov, founder…

1 week ago

Forging Fitness, Dissolving Boundaries: Give CrossFit a Try Sometime Soon

Unlocking the transformative power of functional fitness can be fun as well as beneficial for…

1 week ago

Meet the Enigmatic Genius Who Changed Chess Forever

Few names in the classic game’s history shine as brightly as Bobby Fischer's. From child…

2 weeks ago