With the plunge in global oil prices expected to continue and a crude oil oversupply in the U.S., companies including General Electric (GE), the industrial conglomerate, are being forced to take drastic measures within sectors of their portfolios. GE will be closing Lufkin Industries and tacking on another 262 job losses,…
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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.