Another two companies within the oil and gas sphere have revealed their plans to merge. FMC Technologies Inc. and Technip SA, based in Houston and Paris, respectively, officially announced their intentions to merge on May 19. In the hopes of reducing costs and increasing profitability, the companies will combine to…
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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.