For energy companies that were built on the hydrocarbon molecule, there is no single template or formula for becoming a more sustainable, less carbon-intensive business. Some are doing it by evolving their product portfolio or exploring new business models like electric vehicle charging, for example. Others are doing it by…
Brent Potts is senior director of global marketing, oilandgas, at SAP.
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.