Following the rapid adoption of virtual reality (VR) technology in consumer markets, the oil and gas industry is witnessing wide-scale deployment of this technology across its value chain, according to GlobalData
Technology
Total sets up Digital Factory to leverage smart tools for business
Total will open a Digital Factory in Paris in early 2020 that will bring together up to 300 developers, data scientists and other experts to accelerate the group’s digital transformation
Oil industry can save US$100bn with technological innovations
Energy research firm Rystad Energy estimates that as much as US$100bn can be eliminated from exploration and production upstream budgets through automation and digitalisation initiatives in the 2020s
i.safe MOBILE presents new industrial smartphone for explosive environments
i.safe MOBILE GmbH, developer of mobile communication devices for safe use in hazardous areas, has presented IS530.1, industrial smartphone with Android 9.0 Pie
FCI’s flare gas meter simplifies meter calibration verification
Fluid Components International (FCI) stated that the VeriCal In-Situ Calibration Verification System for the ST00 Series Flare Gas Flow Meter can now eliminate the cumbersome task of traditional flow meter calibrations