Oil & Gas Live Research
Capturing the pulse of the oil & gas industry through reports and surveys.
Companies cite an increased drive towards AI and Intelligent Automation to enhance customer experience
Companies are re-evaluating Voice of Customer platforms
Reports and Analysis
Unlocking the Potential of Distressed Asset Management in the Oil & Gas Sector
The oil and gas industry relies on a wide-ranging network of assets to extract, process, and transport hydrocarbons. As these assets age, companies face critical challenges in maintaining their integrity, reliability, safety, and efficiency.
Research has shown that over 72% of oil and gas companies are distressed with their current manual operating systems. Over 80% of assets in the Middle East are operating against originally designed life. The ageing infrastructure brings with it security and process safety concerns. Distressed assets, including ageing facilities, wells, pipelines, and equipment, can lead to operational inefficiencies, safety hazards, and environmental risks.
This report aims to offer insights into key indicators of distressed assets, technical and operational challenges associated with ageing infrastructure, emerging trends and technologies for asset management, key asset integrity solution providers, and recommendations for improving asset management.
Digitisation and Change Management Playbook 2023
The energy sector has always valued innovation and adopted advanced technologies before other industry sectors. How can it maintain this leadership?
With great tech advancements, achieving safety, and optimisation of assets while saving time and costs is becoming increasingly possible. By leveraging predictive analytics, AI, automation and digital twins, advanced asset tracking, predictive monitoring, failures prevention, flare inspection, gas detection, maintenance and more, can be achieved.
In this report we will focus on the importance of embracing predictive maintenance, accelerating intelligent automation, and change management in the oil and gas industry.
Intelligent Automation and Digital Twins - Re-imagining growth, capabilities and future product development
Hyper-personalisation and hyper-automation are enabling the customer data to be applied to the design process
This opens a whole new world of opportunities where customer data and customer's voice are not saved for future product development. Instead, product update or re-invention is ongoing and agile.
This is a completely new frontier and re-orchestrates the traditional R&D and manufacturing model. By leveraging digital twins organisations can deliver richer and more personalised experiences to their customers, that were previously reserved for luxury brands.
Intelligent Automation in Oil & Gas Strategy Playbook 2022
The majority of oil and gas companies globally are distressed with their current manual operating systems. Businesses are implementing Robotic Process Automation (RPA) and embracing other primary automation technologies to digitalise their core assets for favourable outcomes.
The value of intelligent automation amplifies as interfaces allow for businesses to achieve efficiencies in their workflows. In the last couple of years, businesses have expedited digital transformation efforts, fueling more investment to support the automation of key business processes.
Digital Twin Strategy Playbook 2022
Digital Twin is not simply the deployment of a new digital tool; it represents a new way of thinking that allows oil and gas conglomerates to become resilient, evolve, and mature as they strive to de-risk their business and prepare for the future. Digital Twin enables technically skilled oil and gas personnel to embrace their digital co-workers to harness the immeasurable benefits of emerging technologies.
Automation and BPM Trends Report
RPA systems represent an incredible tool for rapidly revitalizing companies that handle massive data transactions, even input from human interaction. Using the right approach where viable repeatable tasks are redesigned in a much more strategic, structured and holistic manner, BPM lays the groundwork for RPA. Moreover, an intelligent BPM workflow setup can bring an organisation to a higher level of automated efficiency than it ever thought possible by understanding and triggering opportunities for RPA bots to automate processes that it has optimised.
Intelligent Automation and Data
We are all familiar with AI and IA as valuable technologies to create seamless processes and enhance efficiencies. In order to achieve maximum ROI from a AI or IA implementation, leveraging data effectively to harness technology's incredible computational asset makes a powerful and enticing prospect. Also, data enhances an organization’s process efficiency. By improving analytics capabilities it carves the path to adopting advanced AI and Machine Learning (ML) models in the future.