Oil and gas industry technology trends
As highlighted in report “Relevant issues in the oil and gas industry for 2018” (KPMG 2018), changes in oil and gas prices over the last decade show the acceleration, drop and recovery cycle affecting the sector’s performance during such period, all of which were fueled by the previously 20% to 30% of oil and gas companies have begun developing more aggressive ambitions based on disruptive business models. Gartner has identified 10 trends that will affect the oil and gas industry in 2019 and fuel growth. Top 10 oil and gas industry trends. Oil and gas supply was named as the main trend to watch as we enter 2019. Problems with Venezuela and Iran, as well as Qatar’s exit from OPEC have ensured that this will remain the case for the next six months at least. Let’s look at the rest of the list according to GlobalData’s 2019 report. GlobalData researchers have identified the top ten trends in the Oil and Gas supply industry. Researchers at GlobalData’s Intelligence Centre have identified the top oil and gas industry trends of 2019. Using a host of data from online engagement and number of mentions, to qualitative expert analysis, the top ten trends are provided below. An aging workforce coupled with a boom in new oil and gas development is creating challenges for energy companies in the areas of recruitment, retention, and training. The oil and gas industry is facing a shrinking talent pool for those with specialized expertise. Oil and gas companies need to drive this innovation across their businesses. Develop talent for a new era of technology. The industry’s talent profile is changing. Traditional disciplines such as subsurface and surface engineering are still important, but they must be balanced against new demand for expertise in digital operations. Much of the oil and gas industry has survived an especially tough few years with weak demand and low prices. It has been difficult to make strategic decisions and plan for the future. In some cases, technology will be acquired through partnerships. 2017 Oil and Gas Trends. The industry’s future.
BDO's Energy 2020 Vision: The Near Future of Oil & Gas. December 2017. Ready or not, the global oil & gas industry must contend with an ever-changing ‘normal’. It’s the confluence of trends—not just the new pricing paradigm, but rapid growth in renewables along with accelerating technology advancements—that is reshaping the industry.
As highlighted in report “Relevant issues in the oil and gas industry for 2018” (KPMG 2018), changes in oil and gas prices over the last decade show the acceleration, drop and recovery cycle affecting the sector’s performance during such period, all of which were fueled by the previously 20% to 30% of oil and gas companies have begun developing more aggressive ambitions based on disruptive business models. Gartner has identified 10 trends that will affect the oil and gas industry in 2019 and fuel growth. Top 10 oil and gas industry trends. Oil and gas supply was named as the main trend to watch as we enter 2019. Problems with Venezuela and Iran, as well as Qatar’s exit from OPEC have ensured that this will remain the case for the next six months at least. Let’s look at the rest of the list according to GlobalData’s 2019 report. GlobalData researchers have identified the top ten trends in the Oil and Gas supply industry. Researchers at GlobalData’s Intelligence Centre have identified the top oil and gas industry trends of 2019. Using a host of data from online engagement and number of mentions, to qualitative expert analysis, the top ten trends are provided below.
Explore Deloitte's 2019 Technology Trends report from an oil, gas, and chemicals perspective. Learn about eight trends that are redefining the industry.
As we enter 2019, oil and gas companies worldwide are facing widespread change. One aspect is significant price volatility, as shifting geopolitical dynamics see the supply-and-demand equations diverge in various geographies with, for example, US production rates at an all-time high and pressure on OPEC countries to cut back. Top 10 oil and gas industry trends. Oil and gas supply was named as the main trend to watch as we enter 2019. Problems with Venezuela and Iran, as well as Qatar’s exit from OPEC have ensured that this will remain the case for the next six months at least. Let’s look at the rest of the list according to GlobalData’s 2019 report.
7 Apr 2017 Because of market unpredictability, oil and gas companies have been hesitant to purchase new assets, but rather are investing in better
An aging workforce coupled with a boom in new oil and gas development is creating challenges for energy companies in the areas of recruitment, retention, and training. The oil and gas industry is facing a shrinking talent pool for those with specialized expertise. Oil and gas companies need to drive this innovation across their businesses. Develop talent for a new era of technology. The industry’s talent profile is changing. Traditional disciplines such as subsurface and surface engineering are still important, but they must be balanced against new demand for expertise in digital operations. Much of the oil and gas industry has survived an especially tough few years with weak demand and low prices. It has been difficult to make strategic decisions and plan for the future. In some cases, technology will be acquired through partnerships. 2017 Oil and Gas Trends. The industry’s future. 20% to 30% of oil and gas companies have begun developing more aggressive ambitions based on disruptive business models. Gartner has identified 10 trends that will affect the oil and gas industry in 2019 and fuel growth. As we enter 2019, oil and gas companies worldwide are facing widespread change. One aspect is significant price volatility, as shifting geopolitical dynamics see the supply-and-demand equations diverge in various geographies with, for example, US production rates at an all-time high and pressure on OPEC countries to cut back. Top 10 oil and gas industry trends. Oil and gas supply was named as the main trend to watch as we enter 2019. Problems with Venezuela and Iran, as well as Qatar’s exit from OPEC have ensured that this will remain the case for the next six months at least. Let’s look at the rest of the list according to GlobalData’s 2019 report. Energy CIO Insights features the latest technology news, articles and trends transforming the oil and gas industry. It also lists the Top Oil and Gas Companies in the APAC region 2020.
GlobalData researchers have identified the top ten trends in the Oil and Gas supply industry. Researchers at GlobalData’s Intelligence Centre have identified the top oil and gas industry trends of 2019. Using a host of data from online engagement and number of mentions, to qualitative expert analysis, the top ten trends are provided below.
Chapter 7: Advancing Systems and Technologies to Produce Cleaner Fuels and horizontal drilling that have allowed industry to produce oil and gas from low permeability In the area of surface systems and umbilicals, major trends are: · . Upstream Technology and Innovation (UTAI) helps you source, manage and advance strategic Industry Technology and Innovation Trends Oil & Gas Image. 26 Jun 2018 While gas has a bright future, the industry faces tough challenges. utilization and storage technology, will be critical for gas prospects. 27 Mar 2019 Blockchain technology has been developed for more than ten years and has become a trend in various industries. As the oil and gas industry is
Top 10 oil and gas industry trends. Oil and gas supply was named as the main trend to watch as we enter 2019. Problems with Venezuela and Iran, as well as Qatar’s exit from OPEC have ensured that this will remain the case for the next six months at least. Let’s look at the rest of the list according to GlobalData’s 2019 report. Energy CIO Insights features the latest technology news, articles and trends transforming the oil and gas industry. It also lists the Top Oil and Gas Companies in the APAC region 2020. The Biggest Trends & Challenges Facing the Oil & Gas Industry In an economy that produces somewhere in the region of $80 trillion of gross domestic product a year, oil and gas drilling make up somewhere between 2% and 3% of the global economy.