Connected Oil and Gas
Oil and gas production and distribution occur in some of the most remote, harshest conditions on the planet. The volatility of global energy prices and shifts in supply and demand are putting more economic pressure on the oil and gas industry. Oil and gas companies, in either upstream, downstream or midstream markets face many challenges from efficiently optimizing their resources and capital investments in production facilities to managing the distribution system and assuring safety. Oil and gas firms seek to reduce their risk, increase productivity and lower exploration and production costs.
To meet these challenges, oil and gas firms are investing in wireless Internet of Things (IoT) technology to reimagine the production and distribution chain.