Oil and Gas companies face a challenging environment today. They must operate more efficiently than ever while maintaining high safety and environmental protection standards. And on the other hand, it's hard to remain competitive while having internal issues ranging from miscommunication to spiraling operational costs.
Digitalization is a promising solution for resolving many problems O&G face
One of the problems is that there is just too much data and not enough resources and time to go through it all. A lot of data gets lost, is used wrongly, or not used at all. And this leads to decreasing productivity and effectiveness and millions of dollars loss.
Another problem is keeping people safe during the execution of maintenance work. There are many tasks to be done and the right planning is critical for remaining on schedule with zero safety incidents. Digitalization works to mitigate risks therefore avoiding accidents and downtime.
And these are just the starting pain points. There are many more. To be up to date with the most important facts about digitalization in O&G follow our blog. And if you missed any of our digitalization articles, check out below what we have for you: