The financial stress caused by lowered oil prices seems to have prompted compliance on the part of OPEC. OPEC previously agreed to cut oil production to diminish the global oil-supply gut. The group announced in November 2016 that there would be production reductions in certain member countries’ oil production in…
Author Profile
3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today
Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.