The energy industry is in a state of flux. While overall energy demand continues to rise, there is a global shift towards low carbon sources and for energy security. The US Energy Information Administration (EIA) estimates that global energy consumption will increase nearly 50% over the next 30 years. While petroleum and other liquid fuels […]
digitalisation
Posted inNews, Products & Services
Automation technology simplifies drilling for improved efficiency
Upgrades to onshore rigs are enabling streamlined operations to deliver better economics and establish safer conditions for oilfield workers
The oil and gas industry is always looking for ways to improve operations and reduce risks, a goal that has led to investment in process automation. One of the most promising areas for improvement is in drilling operations, and Nabors has taken up the challenge with the development of an advanced rig operating system that […]
Posted inNews, Exploration & Production
Here’s how digitalisation will help energy producers hit their sustainability, efficiency goals
Honeywell’s Senior Director for Strategic Planning, Christine Seymour, explains the role technology plays in the energy industry and examines the future trends to watch out for
Posted inPeople
Future O&G: Using unified operations to boost productivity and profitability
By unifying business operations into a single interface, oil and gas companies can improve their efficiency, agility and reliability, says Rashesh Mody, Senior Vice President, Monitoring and Control Business Unit, AVEVA.
The shock of the pandemic highlighted the critical importance of agility and adaptability in the oil and gas (O&G industry). But, in an unexpected silver lining, many of last year’s challenges helped reveal areas of low digital maturity, including the industry’s reliance on engineers out in the field and the fact their work was often […]