The Independent Project Analysis (IPA) Industry Analysis reported in 2011 that 78% of projects experienced cost or schedule overruns. In 2014, the Ernst & Young Global Ltd. (E&Y) Spotlight on oil and gas Megaprojects reported that 64% of projects experience cost overruns and 73% of projects experience schedule overruns. In…
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3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today
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.