The U.S. oil & gas industry saw a drop of 11.7% in overall deal activity during January 2020, when compared with the last 12-month average, according to GlobalData’s deals database. A total of 68 deals worth $4.46bn were announced in January 2020, compared to the 12-month average of 77 deals….
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.