Future of Work in Oil and Gas: Strategic Intelligence
Powered by ![]()
All the vital news, analysis, and commentary curated by our industry experts.
Future of work technologies are dramatically changing how work is performed in the oil and gas industry. As these technologies continue to develop, they will likely be used in tandem. The impact of future of work technologies in oil and gas is already significant and will only grow in the coming years.
The future of work is transforming the oil and gas industry > Future of work technologies are dramatically changing how work is performed in the oil and gas industry. As these technologies continue to develop, they will likely be used in tandem. Combinining automation with Internet of Things (IoT) or artificial intelligence (AI) technologies enables the collection and analysis of data, facilitating predictive maintenance and uninterrupted production, and can aid exploration through seismic data analysis. Consequently, the skillset required in the oil and gas sector is changing. Proficiency in digital tools will become essential for workers, while the significance of manual labor skills will diminish as automated systems take on these tasks.
Automation is key for health and safety > Integrating automation technologies can significantly improve health and safety in a notoriously hazardous industry. In remote and offshore locations, robotics and drones can mitigate risks associated with heights, accessing equipment, and exposure to toxic chemicals and gases. Fully automated systems operate continuously, leading to increased productivity and cost savings. Automation enables real-time monitoring and control from a centralized location, supporting remote asset management. This not only improves operational visibility but also facilitates prompt decision-making and intervention in case of emergencies or anomalies.
Digital twins are enhancing operational efficiency > Digital twins allow companies to monitor, analyze, and optimize their operations in real-time. By integrating data from sensors, equipment, and processes, digital twins provide a comprehensive view of assets, enabling predictive maintenance and performance optimization. This technology helps companies identify potential issues before they occur, reducing downtime and maintenance costs. BP has estimated that optimization analysis, which used to take more than a day, can now be performed in 20 minutes because of the use of digital twins.
Scope
This report provides a comprehensive analysis of the future of work in the oil and gas industry including:
– How future of work technologies will solve four key oil and gas industry challenges
– Which future of work technologies companies across the oil and gas industry value chain should invest in, explore, and ignore
– Leading adopters and specialist vendors of future of work technologies in the power industry
– Case studies
– M&A, hiring, and company filing trends
– A thematic scorecard ranking major oil and gas companies in the future of work
Key Highlights
The oil and gas industry is currently under pressure from fluctuating oil prices, increasing regulatory requirements, and the energy transition. Future of work technologies could give companies a competitive advantage and allow them to circumvent these challenges. Key technologies that should be prioritized include AI, IoT, connectivity, and robotics, which can significantly enhance operational efficiency and safety.
Automation can help improve health and safety in the oil and gas industry by reducing the need for human intervention in high-risk tasks. Robots are increasingly used for tasks such as pipeline inspection, maintenance of equipment in confined spaces, and handling of hazardous materials.
The oil and gas industry is facing a workforce shortage. As older workers retire, digital technologies are crucial for knowledge retention. AR headsets allow oil and gas companies to document maintenance and repair tasks, which will be vital in training the next generation of workers.
Reasons to Buy
GlobalData's strategic intelligence ecosystem is a single, integrated global research platform that provides an easy-to-use framework for tracking all themes across all companies in all sectors.
This report is essential reading for senior executives to understand how the oil and gas industry will be transformed by future of work technologies, ensuring your company does not get left behind.
ABB
Aker Solutions
ADNOC
Aize
Alibaba
Alphabet
Andium
ANYbotics
Amazon
Apple
Autodesk
AT&T
Avathon
Baker Hughes
Baker Industries
Baidu
BP
Bidgely
Bosch
Caterpillar
Celona
Chevron
Cloudera
Cisco (Webex)
CNPC
Cyberhawk
Dassault Systèmes
DJI
Ecopetrol
EDF
Eni
Epiroc
Emerson
Equinor
ExxonMobil
Fugro
FANUC
Gazprom
GM (Cruise)
Halliburton
Honeywell
Huawei
Hyundai (Boston Dynamics)
IBM
Kuwait Petroleum
Lenovo
Liebherr
Lukoil
Merge Labs
Midea (KUKA)
Microsoft
Microsoft (Teams/365)
Midjourney
MOL
NIOC
NICE
Nesh
Nvidia
OMV
Oceaneering
OpenAI
Parrot
Petrobas
Petronas
PKN Orlen
PDVSA
Repsol
Reliance Industries
Rockwell Automation
Rokid
Rosneft
Samsung Electronics
Saudi Aramco
Sasol
Schneider Electric
Schneider Electric (Aveva)
Shell
Siemens
SLB
Salesforce
Salesforce (Slack)
Seeq
Stem
Suncor
Tatneft
Tesla
Teradyne
TotalEnergies
UiPath
Uplight
Verizon
Vuzix
YPF
Xiaomi
Yuneec
XenonStack
Table of Contents
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745