Digitalization

Benefiting from the vast capacity and speed provided by cloud computing, remote sensing technology is quickly expanding from infrequent projects to becoming an integral part of on-going operations. We have seen many innovative applications in this arena, particularly at oil & gas, pipeline, and power companies, where their large spatial footprint...

The massive growth in Permian production further underscores the role Midstream companies play in the Hydrocarbon value chain. A lack of processing facilities and pipeline capacity adversely impacts the value of E&P onshore pure plays. The access to markets is curtailed for these E&P companies by lack of capacity to process and transport production...

Scenario of oil prices fluctuations has not only forced inefficient Oil & Gas companies to improve their productivity and supply chain costs, but it will also push the efficient companies to find ways to protect their top & bottom lines. A set of new digital technologies such as Internet of Things (IoT), Industry 4.0 promises to aid Oil & Gas...

Natural Gas distribution companies have been historically slow to adopt new technologies, especially so-called “Smart” technologies, in their networks. Their counterparts in electric utilities, process plants, and even gas transmission have widely adopted connected components and solutions to quickly give them access to data to make decisions...

There are approximately 4 million miles of pipelines spanning some 120 countries across the globe, carrying oil, gas and other potentially volatile liquids and gases. The pipelines cross deserts, oceans and some of the most inhospitable environments known to man. Honeywell have provided control systems for pipelines for over 30 years, and now we...

Each year at DNV GL we produce a report which is an industry benchmark study on the outlook for the year ahead in the oil and gas industry. The 2019 report, ‘A test of resilience’ is based on a global survey that incorporates the views of 791 senior industry professionals. Our survey found that digitalization is comfortably the leading R&D priority...