Asset Management in Oil & Gas – Thematic Research
In view of the increasing competition and narrowing margins among oil and gas companies, asset management is obtaining greater relevance in enhancing operational efficiencies. The industry also has to manage aging infrastructure to extract optimum performance from them while minimizing health and safety risks. Asset management solutions can play a pivotal role in making this happen along with ensuring that operational costs are kept in control. These solutions also improve the overall uptime and performance of assets and prolong their operational life. Moreover, the growing need to curb greenhouse gas emissions from oil and gas operations is giving added impetus to implementing asset management solutions.
Overview of asset management as a theme in the oil and gas industry and its impact on operations
Analyzing the objective of asset management program in the context of oil and gas industry
A brief overview of the asset management lifecycle in relation to the oil and gas value chain
Assessment of competitive positions of the major oil and gas companies and asset management solution providers
Reasons to Buy
Understand the importance of implementing asset management solutions in oil and gas operations
Identify the key trends for asset management theme in the oil and gas industry
Understand the asset management technology value chain for the oil and gas industry and identify some of the leaders and challengers at each stage of the value chain
Identify and benchmark key oil and gas companies and solution providers based on their exposure to asset management theme
Table of Contents
Oil & gas sector trends 4
Technology trends 5
Macroeconomic trends 7
INDUSTRY ANALYSIS 8
Objectives of an asset management program 8
Maintenance is at the core of any asset management program 9
Digital transformation in asset management 10
North American companies turning to asset management to sustain aging infrastructure 10
Digital twin implementation is the main feature of asset management strategy in the North Sea 11
Asset management in other regions 11
Prioritizing asset management today could lead to potential rewards down the road 11
VALUE CHAIN 12
Device layer 15
Connectivity layer 18
Asset management applications layer 19
Asset analytics layer 20
Services layer 21
Oil and gas companies 22
Asset management providers 24
APPENDIX: OUR THEMATIC RESEARCH METHODOLOGY 27
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