Addressing upstream challenges in remote monitoring and data management across dispersed fields needs qualified, trusted and global expertise.
The upstream Oil & Gas (O&G) sector is facing fresh challenges. Exploration & Production (E&P) is increasingly moving to deep waters, to challenging geographies like the Arctic areas, and to previously unexplored locations and alternate sources of energy. O&G fields are scattered, production and information systems across fields are not integrated and the regulatory environment is becoming increasingly stringent.
Energy downstream companies need to deploy technology to contain costs, remain flexible and improve margins
With the economy on its way to recovery oil majors in the downstream Oil & Gas sector are continuing to invest in integrating advanced technologies. The goal is to exploit new opportunities and deliver better corporate performance.
The right approach to Energy Trading and Risk Management (ETRM) can help control exposure, absorb risk and deliver organizational stability
The energy marketplace is becoming more competitive. Energy prices are becoming more volatile. Margins are dropping even as capital investments required are growing. Trading, regulatory and governance requirements are becoming more stringent and the vast amount of data being generated across the energy value chain is making Energy Trading and Risk Management (ETRM) a more complex task. The challenge is to use technology so that the organization's ability to manage and analyze the data from oil wells, retail outlets, vendors and partners, impacts trading and risk management and makes it a competitive advantage.
Improve customer satisfaction, add value to brand image and demonstrate ethical business practices through environment, health and safety measures
The recent incidents in the Gulf of Mexico and in Japan have brought environment, health and safety (EH&S) in the oil & gas industry into sharper focus. New energy sources combined with intensified regulatory requirements such as the European Union Emissions Trading Scheme and the Occupational Safety & Health Administration are driving the global demand for sustainable processes, making EH&S a top priority in O&G exploration, production and operations.
Pricing is one of the most powerful and underused strategies for growth in any business. Most companies focus on metrics other than price: fixed and variable costs,
revenue or increase in unit sales, decreases in inventory.
This paper highlights the need for standardization and transformation of IT services within the process control domain. The paper draws on first-hand experience of Wipro in providing such services to multiple Energy super-majors and capabilities as a system integration partner for key process control system vendors within the Manufacturing domain.
This paper provides best practices to be followed to manage massive upstream data efficiently. This study matches various problem symptoms with appropriate measures, thereby providing a upstream data management roadmap.
This paper pierces through different layers of safety challenges in upstream and downstream operations and provides best practices to counter these challenges.
