Growth Opportunities in Advanced Digital Technologies and Edge Computing for the Oil & Gas Industry

This edition of the Oil & Gas TOE features information on the development of inspection robots for performing offshore field inspections with latest measurement tools, the development of casing cement breakers to eliminate the cost intensive approach of plugging and abandonment of used oil fields, and the use of hydrogen powered unmanned aerial vehicles for real-time monitoring of oil & gas pipelines. The TOE also features information on the utilization of edge analytics to reduce cost, enhance productivity, and efficiently manage equipment during upstream, midstream, and downstream oil & gas processing. It also features information on the development of servers that aid oil & gas operators to analyze exploration activities in an efficient manner. The TOE focuses on innovations associated with the use of software-as-a-service solutions for the digital transformation of oil & gas companies and to monitor its assets in real time to increase safety and efficiency. Use of data analytics for predicting and measuring greenhouse emissions in oilfields, adoption of a cost- effective steam cracking method for regenerating zeolite catalysts used in downstream oil & gas operations, and use of reinforcement-based algorithms for effective forecasting of oil & gas reserves are also profiled in this TOE.

The Oil and Gas TOE provides intelligence on innovations pertaining to technologies, products, and processes, along with strategic insights, in the upstream and downstream processes in the oil and gas industry.

The Energy and Utilities cluster provides global insights and intelligence on a wide variety of disruptive emerging technologies and platforms ranging from energy storage, advanced batteries, solar and wind energy, to unconventional oil, bioenergy, geothermal energy, and energy transmission.