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Technological Advancement Study For Oil & Gas Industry

A multinational oil and gas company that wanted to understand the established ongoing technology trends embedded in the oil and gas industry.

Business Objective

To maximize the benefits by effectively tapping into the prevailing market opportunities.

Overall competitive scenario

Our Approach

  • Research Premise
  • Research Premise Continued
  • Value Delivered

Research Premise

Domain experts conducted primary research with several stakeholders within the oil and gas industry, C-level executives of leading companies, technology experts in order to capture insights on imminent technology trends based on following attributes:

  • How evolving technologies would affect their potential consumer base: identified newer trends and align them with customers’ preferences
  • Technology Landscape: evaluated the technological advancements occurring in the industry.
  • Robotics and other automated technologies
  • Internet of things (IoT) integration
  • Augmented and virtual reality software for 4D seismic technology
  • Drone Technology: for better monitoring and surveillance
  • Administration process: using better Fleet-management solutions
  • Advanced communication solutions

Geographic Coverage: EU-5 (France, Germany, Italy, Spain & UK) & India

Research Premise Continued

Experts collate and analyzed the data paid and non-paid sources like company websites, news articles, press releases, company annual reports and investor presentations to recognize the following:

  • Digital tools to read and interpret data on pipelines, wellhead conditions, and mechanical systems
  • Major constraints
  • Pricing Trends of adoption of current technologies
  • Future Expectations

Value Delivered

Comprehensive report was shared in PDF format.

In-depth analysis and key insights assisted the client to understand the following:

Current technology trends

Potential problems

Disclosed several areas for improvements

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