Data Analytics in Oil and Gas Industry

Data Analytics in Oil and Gas Industry

A common complaint in the Oil and Gas industry is that there is “too much of data and there is not enough information”. Leading Oil and Gas companies are now recognizing that valuable information is available yet remains untapped. The volume of data has been ever increasing. Concepts of digital oil field, new technologies and ubiquitous availability of broadband have added to the volume, variety and velocity of data. Data analytics describe a new generation of technologies and architectures designed to economically extract value from large volumes of a wide variety of data by enabling high velocity capture, discovery and analysis.

The increase in per barrel production cost has decreased the margins to a new low. This combined with the potential to extract difficult oil from previously unimaginable sources has brought the focus upon logistics and its associated costs, making optimization of logistical costs through the streamlining of operations, the need of the hour. This white paper intends to address the use of Data Analytics in Oil and Gas logistics and how it can contribute to the overall improvement of logistical operative efficiency.

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Corporate Travel & Logistics Integration

Corporate Travel & Logistics Integration

As volatile oil prices prompt the search for additional savings, more companies are looking to manage their logistics and business travel as a single process through a single provider. A streamlined process allows for easier reporting, both for internal tracking purposes and for reporting activity based on local regulations, a tricky task when managing crew rotations in manual spreadsheets. By centralizing and managing the process from end to end, companies have more control of each of their travellers' trips. This includes better visibility and control of worker certifications, endto- end itinerary management (eg, helo, vessel and rig) and more. CWT & IBS fully support clients who combine their logistics and business travel operations, recognizing this opportunity to introduce enhanced efficiencies, safety and savings of 10-15% of overall travel spend.

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Challenging Times Pax - Movement in Oil & Gas lndustry

Challenging Times Pax - Movement in Oil & Gas lndustry

The challenges faced by Oil & Gas companies in efficiently managing people logistics to various parts of the globe to support their operations are many. Different companies try to tackle the challenges in the industry differently. However, every business entity in the Oil and Gas industry are in constant pursuit of the best solution that can offer quality, ease-of-use, safety, compliance, state-of-the-art technology and seamless operations, all at the same time while enhancing their overall operating efficiency and minimizing costs. Let's take a look at how the usage of new generation technologies & systems in logistics, have assisted the companies in this endeavor.

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