Engineering Procurement Construction (EPC) companies are essentially the hands and feet of any major oil and gas new construction operation. An EPC is absolutely necessary for companies to build new facilities or make changes and additions to existing ones. From conception to turnover, they are designing, building, procuring, constructing, and commissioning to ensure a smooth operation. It’s imperative that every “i” is dotted and every “t” is crossed, as major oil and chemical companies are entrusting them with their biggest assets.
Oil and gas companies are regularly faced with many industry-specific issues to overcome. Such issues, including exploration and drilling, are often complex and intricate processes with many unique challenges to overcome. Data analytics can play a massive part in streamlining some of the most fundamental operations that are involved in the oil and gas industry.