Harnessing technology in a COST-Critical climate

摘要

THE GLOBAL OIL and gas industry has entered a turbulent era of oversupply. with unstable pricing and restricted budgets posing a long term challenge, not just a short term hurdle. Operators need to 'ride the storm' by boosting operational efficiency. It is an objective prompting many to innovate by adopting technologies that aid production while minimising demand on resources. Investment in digitisation and analytics from an E&P perspective may grab most of the headlines in this respect. Offshore operators should not underestimate the potential operational efficiencies - and therefore cost efficiencies - attainable by using the right surveillance solutions, in the right way.