Search results for: 'field digitalization'

This edition of the Oil and Gas (O&G) Technology Opportunity Engines features information on innovations in drilling automation, lead detection technology, downhole monitoring, cryogenic processing, enhanced oil monitoring, methane leak detection, among others.The Oil and Gas TOE provides intelligence on innovations pertaining to technologies, prod...

In this study the investment opportunities are provided on a country level. In each country chapter, total size of the oil and gas market, potential for marginal oil and gas fields, and incentives provided by the government for marginal fields are analyzed. In the production and drilling solutions chapters, different technologies and their advantag...

Although much of the focus on grid investment relates to hardware, there is a growing awareness of how important it is to increase the overall intelligence of the grid. Frost & Sullivan s Digital Grid Attractiveness Index analyzes and ranks countries based on how attractive they are for digital grid developments in terms of implementing improvement...

25 Oct 2024  |  Global  |  Market Research

Digital Twins in the Oil and Gas Industry, Global, 2024 2030

Digital Twins are Driving Transformational Growth in the Global Oil and Gas Industry by Enabling Precise Operational Simulation

Infographics

×

Fueled by the rising adoption of autonomous technologies, digital twins are emerging as an attractive growth opportunity in the oil and gas (O&G) industry. Digital twin technology helps O&G firms utilize and analyze enormous amounts of production data, enabling them to visualize various hypothetical production scenarios in real time. Digital twi...

27 Jun 2023  |  Global  |  Technology Research

Advancements in Digital Twin Technology Transforming the Energy Sector

Precise Modeling and Process Integration from a Single Platform to Enhance Analytics in Power Generation, Transmission, and Distribution

Infographics

×

To meet global emission reduction targets, renewable energy must account for at least 42% of energy consumption by 2030 and 60% by 2050, compared to 17% in 2021. Although the global power generation sector is moving toward renewable power to curb greenhouse gas emissions, renewable energy is intermittent. Therefore, its increased share in the power...

Energy is the world’s most dynamic industry in need of change. Electric utilities and power retailers are the backbone of the energy transition as they cope with increasing power demand and changing load patterns driven by electrification. They also enable greenhouse gas reductions by integrating distributed energy resources such as solar rooftops,...

Decarbonization, digital transformation, and technology innovation have accelerated significantly in the past 5 years. The global energy industry is experiencing an unprecedented transition, and this change is bringing exciting new growth opportunities to the oil and gas (O&G) industry. Digital technology and new business models are driving O&G opt...

This edition of the Oil and Gas (O&G) Technology Opportunity Engines features information on digital twin solutions for asset integrity monitoring, radio frequency (RF) heating for heavy oil and bitumen extraction, maritime emission control techniques based on scrubbing, remotely operated vehicles for asset monitoring, advanced cubing technology, a...

Decarbonization, digital transformation, and technology innovation have accelerated significantly in the past five years. The global energy industry is experiencing an unprecedented transition, and this change is bringing exciting new growth opportunities to the oil and gas (O&G) sector. Digital technology and new business models are driving the...