At the Impact 2024 event, Aker BP and Cognite revealed an in-depth look into their digital transformation journey. This narrative, centered on data integration, technology, and human expertise, offers valuable insights into how a company have learned and can drive operational excellence through strategic partnerships and innovative solutions.Aker BP’s Challenge: Navigating Data Silos in Industrial […]
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A technological enabler that can digitize industrial operations is the immediate need for the oil and gas sector. Internet of Things is one such technology that acts as a solution for the majority of the problems that the oil and gas sector faces today. The adoption of IoT technology in the oil and gas industry […]
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IoT in Oil & Gas brings the same challenges and opportunities as in other industrial sectors. However, organizations seeking to drive better business outcomes in this segment with new digital strategies and tools face an additional set of problems, matched with the potential for even greater benefits. Certainly many aspects of IoT already exist across the […]
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After years of high and rising oil prices, the latest drastic drop in Oil prices put indebted Oil and Gas companies on credit rating agencies watch lists and resulted in some oil and gas companies going the traditional route of cost cutting measures such as layoffs and capital expense reductions. However, some organizations realizing that […]
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