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Category «Oil and Gas»

Digitization, IoT And Robotics To Increase Production Of Oil And Gas Industry With Limited Investments

Oil And Gas

The oil and gas industry has improved its technology or leveraged that of its service suppliers to match with the world’s increasing hydrocarbon demand. Many oil and gas companies have made use of digitization, IoT and robotics to increase production with limited investment. These technologies enabled oil and gas companies to substantially decrease production costs …

Increase In Profitability Of Crude Oil And Natural Gas Production With An Implementation Of Digital Oilfield Technology

Crude Oil And Natural Gas

Crude oil and natural gas extraction companies around the world are investing heavily in digital oilfield technology to enhance crude oil and natural gas production. Digital oil fields integrate advanced software, hardware, and data analysis techniques to collect real-time data from the oilfield. They consist of visualization, product surveillance, integrated decision making, and remote communication …