The importance of predictive maintenance has increased in oil and gas operations against the backdrop of aging infrastructure and volatile crude pricing, according to GlobalData, a leading data and analytics company. The company’s latest thematic report: ‘Predictive Maintenance’ reveals that the adoption of predictive maintenance technologies is helping companies cut…
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.