HENNIE COLYN | Digitisation allows for oil and gas industry advancement

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HENNIE COLYN | Digitisation allows for oil and gas industry advancement: The oil and gas industry plays a major role in the global economy and has in recent years come under increasing pressure to meet sustainability targets while still maintaining high…

It is a tall order which has seen owners, operators and engineers looking at strategies that will realise the above. Fortunately, thanks to advances in connectivity and digital analytics, companies can move towards a posture that allows them to enter the next phase of advanced organisational and process management in tandem with sustainability goals.

To realise the above advantages, it is important that we take one step back. The oil and gas industry generally features old infrastructure, managing large data sets of data which is generated from well production, refining, commodity transport, scheduling, logistics and so forth. And this brings us to the next challenge. Oil and gas facilities are often located in inhospitable and remote settings with limited connectivity such as deserts or offshore platforms.

As mentioned, IT systems also need to be harmonised. An integrated IT architecture can enable information and control loops between system edge applications and centralised analytics and services.

 

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