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
Technology
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
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