The current landscape in the oil and gas sector is pressurizing players in the industry to re-evaluate their operations. Furthermore, oil and gas companies are also driven by cost-containment and sustainability challenges. To deliver and maintain a superior level of...
The growth of oil and gas supply chain companies has been showing a trend of steady decline over the past couple of years. As the supply chain spending by operators has been cut back due to crumbling crude prices, the Oil Field Services and Equipment companies (OFSE)...
The oil and gas companies operate within complex national and global frameworks. Although expansion into new geographies such as ultra-deepwater drilling is opening up new avenues for revenue growth, it is also simultaneously increasing the complexity and risk of...
As the end users of pressure control valve become more complex and demanding, manufacturers and suppliers have been forced to find better, more efficient processes. While engineers continue to be the forces behind new innovations, companies have started realizing the...
The exploration and production in crude oil manufacturing industry face numerous challenges as it addresses growing energy demand, declining production from older reservoirs, the need for sustainable operations, and new resources are harder to reach and harsher...
Technological innovation, as we have all heard, is taking over the world. There is no exception to that rule in the oil and gas industry too. In digital oil fields, instruments constantly read data on drilling rig conditions and mechanical systems. The information is...
Owing to the rise in global demand along with the volatility of prices and stringency of environmental guidelines, oil and gas companies face three main challenges - cost reduction, performance optimization, and improvements in environmental footprint. Technological...
The last five years have been extremely dramatic for the companies in the oil and gas industry all over the globe. With decreasing profit margins, the oil companies are minimizing their capital expenditures which have led to layoffs and resulted in either cancellation...
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