One of the rising trends in O&G the concept of digital oilfield, reducing production downtime and improving efficiency of previously unmetered processes.
Our blog - IIoT thinking
The future of renewable energy (primarily solar and wind based) is widely considered to be simultaneously inevitable, yet, unpredictable, with both being heavily susceptible to fluctuating weather patterns.
Even with all the pushing for renewable and sustainable energies, the current industry landscape across all sectors has been reluctant to apply wave power.
As part of their Industrial Strategy, the UK government has set out four different Grand Challenges to focus on in terms of development. These define goals that the UK government intends to reach in the foreseeable future and set the tone as to which areas are the most important to develop in.
As of 2016, 2.5 million UK homes were classified as fuel-poor, defined as households that would fall below the poverty line after energy costs have been deducted from income.
The past five years have seen an enormous push for not only a multitude of connected technologies, particularly in fields of AI and Machine Learning, seeking to develop technology into a more intelligent enabler of human work.
Over the last decade of development, unmanned aerial vehicles (UAVs), or simply, drones, have been rapidly established as one of the most versatile and defining technologies of today.
The O&G industry is notable for its high barriers of entry within nearly every sub-sector, including drilling, supplying equipment and mechanical check-ups.
As the demand for energy continues to increase, the industry must not only improve methods of producing energy; but also, methods of storing and distributing it.
Nautilus Minerals is a very familiar name to any professional within the mining industry, the Canadian company is a pioneer of the sector, from experimenting with megaships for deepwater seabed mining to being the first organisation to ever explore the seabed for massive sulphide systems commercially.