engineer looking at the oil and gas value chain

6 Ways to Optimise the Oil and Gas Value Chain

Incentive for digital transformation In 2020, the global petroleum industry experienced a supply shock. This was followed by a plunge in demand brought on by the Covid-19 crisis. Since these events, companies have been looking for ways to revive the industry. One key strategy is to integrate innovative technology across the oil and gas value chain. 89% of oil and gas executives support this strategy and envision an increase in their ...

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Worker benefiting from offshore connectivity to use cell phone

Advancements in Offshore Connectivity

Introduction One of the most important technological advancements for the petroleum industry has been in offshore connectivity enhancements. Internet of Things (IoT) technologies, including sensing, communications, and analytics capabilities, have been increasingly entering the market. They also include DARQ technologies, where DARQ is defined as distributed ledger technology/blockchain; artificial intelligence; extended reality; and quantum computing. Their importance in the oil and gas industry is emphasised by reports that “80% of downstream ...

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Offshore worker using digital tools like those promoted by EVOLEN'UP


Introduction EVOLEN' UP is the R&D and innovation accelerator launched by EVOLEN: an organisation whose aim is to promote French excellence in the hydrocarbon and new energy industries worldwide. It is also co-lead by Impulse Partners. In seeking to disseminate scientific and technical knowledge to promote the development of inter-professional networks specialised in the energy sector, ViiBE was invited to join this association’s accelerator program. Video-assistance in energy  New technologies, and more specifically ...

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Oil and gas worker

Barriers to Communication in the Oil and Gas Industry

The oil and gas industry is facing back to back crises following the plunge in demand brought on by the Covid-19 crisis, and worsened by the 2020 price war between the Organization of Petroleum Exporting Countries and its allies (OPEC+). As a result, oil prices have reportedly fallen a disastrous 59% since the beginning of the year. In early April, OPEC+ held a series of bilateral talks. These resulted in ...

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Oil and gas rig

The Digital Future of Oil and Gas Communications

Slowing growth amidst market recovery Oil and gas remain the leading forces of the world’s energy sources, accounting for 57.4% of worldwide energy consumed in 2016. This is not projected to change as demand continues to grow, albeit at a decreasing rate. According to PWC, 3.5 billion barrels of liquids were unearthed in 2017. However, this accounted for only 10% of the global demand. The demand surplus comes after a block ...

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