Oil & Gas Technology connects growth and western markets across the oil and gas industry. We provide technology news and analysis for upstream, 19 Sep 2019 After years of lagging behind other industries, the oil and gas sector has finally embraced modern technological innovations in order to To navigate through this fast-evolving environment, the oil and gas sector should embrace emerging technologies for increased productivity, safer operations, 28 Sep 2018 Ten exciting companies will graduate from the inaugural Oil & Gas Technology Centre TechX Pioneers Programme. 25 Mar 2019 Unplanned equipment outages and the resulting loss of production cost companies billions of dollars every year. Any technology that can help
In 2019, emerging technologies are transforming industries across the world - and oil and gas is no exception. That’s because the oil and gas industry is currently in a high-risk, high-opportunity environment. Low oil prices over the last few years have shown a degree of volatility in the sector. But this situation has also led to more and more decision-makers at oil and gas companies embracing new technologies to streamline inefficiencies.
Technology disruption in the oil, gas, and chemicals industry is accelerating the pace of change and generating a nonstop stream of questions, challenges, and opportunities. To carry out their mandates, company leaders and industry professionals need to anticipate, understand, and remain a step ahead of emerging technology trends. Focused, industry-relevant insights are critical to making this happen. The product provides intelligent real-time management of gas hydrates and enables the digital transformation of the oilfield. Gas hydrates are a flow assurance issue that impacts safety, The concept of ‘Big Data’, defined as increasing volume, variety and velocity of data, is familiar to the oil and gas industry. The industry generates a huge quantity of data, whether it is 3D seismic surveys, drilling data, production data or the monitoring of production facilities (pressures, flow rates, The technology being used in the oil and gas industry today is highly sophisticated. At Devon’s WellCon center, engineers are able to view a project remotely on screen, monitoring a 2-mile-long well being drilled 10,000 feet underground. The industry’s first three-party collaboration comes from three of the biggest companies in their respective sectors - U.S. oil and gas supermajor Chevron teamed up with the world’s biggest The oil and gas industry is now at a pivotal point in its evolution and we are now on the cusp of a transformation. The rise of new technologies, coupled with the ongoing global push for a reduced environmental impact, is altering the industry.
This represents a big opportunity for oil and gas companies. According to Oil and Gas Investor, total upstream energy IT support spending is about 25 cents per barrel of oil. Booz & Co mentioned that some analysts believe digital oilfield technologies could increase the net present value of oil and gas assets by 25%.
As the oil and gas industry continues to digitize and utilize technology to improve operational and resource efficiency there is a fast-growing market at the cutting 20 Jun 2019 Romania's leading Oil and Gas Tech event (conference and exhibition), designed for all industry segments, gathered over 100 CEOs, CFOs, 27 Jan 2020 Research and technology development in the petroleum sector. Since the The competitiveness and innovation of the petroleum industry has To understand how mobile technology will evolve in this sector, start by considering how mobile applications will support oil and gas extraction and production. The end game is not automation for the sake of technology. Oil and gas companies should strive to find the ideal blend of human and machine capabilities in every
20 Jun 2019 Romania's leading Oil and Gas Tech event (conference and exhibition), designed for all industry segments, gathered over 100 CEOs, CFOs,
Technology disruption in the oil, gas, and chemicals industry is accelerating the pace of change and generating a nonstop stream of questions, challenges, and opportunities. To carry out their mandates, company leaders and industry professionals need to anticipate, understand, and remain a step ahead of emerging technology trends. Focused, industry-relevant insights are critical to making this happen.
25 May 2018 Unlike many other industries, however, oil and gas companies have been slow to adopt technological innovations on the software front. Lloyd's
Georgia Tech researchers have developed technologies to enable oil and gas operators to eliminate the guesswork and improve the accuracy of their core As the oil and gas industry continues to digitize and utilize technology to improve operational and resource efficiency there is a fast-growing market at the cutting 20 Jun 2019 Romania's leading Oil and Gas Tech event (conference and exhibition), designed for all industry segments, gathered over 100 CEOs, CFOs, 27 Jan 2020 Research and technology development in the petroleum sector. Since the The competitiveness and innovation of the petroleum industry has To understand how mobile technology will evolve in this sector, start by considering how mobile applications will support oil and gas extraction and production. The end game is not automation for the sake of technology. Oil and gas companies should strive to find the ideal blend of human and machine capabilities in every 19 Jan 2020 The oil and gas sector faces heavy scrutiny regarding environmental The technology allows for the natural gases to be caught and treated