Over the past six months, Probe Technologies Holdings, a supplier of cased-hole logging and advanced monitoring technology for the oil and gas and geothermal industries, has introduced new patented sensors and tools to improve data logging efficiency and accuracy
Technology
‘Oil and gas companies embracing VR technology to enhance operations’
Oil and gas companies are analysing operational data using virtual reality (VR) to enhance their decision-making capabilities, according to data and analytics company GlobalData
Virtual Reality aids oil and gas plant simulation and skill development: GlobalData
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
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
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