Internet of Things (IoT) deployment in the oil and gas industry is expected to reach $39.4 billion by 2023, according to a BIS Research. In oil and gas, IoT consists of sensors that monitor everything from pump performance to air quality to inventory, plus the machine learning and artificial intelligence tools that enable companies to automate tasks. So, why are oil and gas organizations so eager to embrace IoT? Here are a few reasons:
The recent Offshore Europe 2019 exhibition in Aberdeen, UK, was an opportunity for Aegex Technologies to showcase our NexVu IoT Solution, a modular, wireless, intrinsically safe sensor solution that can monitor more than 60,000 bespoke combinations of gases and ambient conditions in oil and gas operations to spot patterns and streamline processes.
Process safety is a framework for managing asset integrity in order to avert unplanned incidents. In the oil and gas industry, process safety management aims to limit risk by preventing the release of gases that could ignite combustible environments.
Aegex Technologies recently delivered a 30-minute webinar, “IoT for Oil & Gas Made Simple
On 15-16 August 2019 in Deer Park, Texas near Houston, multiple cutting-edge technology developers will come together to showcase their solutions that can help save lives during oil and gas industry emergencies.
Oil & Gas typically avoids ‘excitement’ – but this event is different! 4 exciting reasons to attend the Emergency Response Technology Showcase 2019
This is the last of a seven-part blog series on the latest technology trends in hazardous area operations.
Solving Process Manufacturing Maintenance with IoT Technologies: An IoT Solution for Predictive Maintenance Management
This is the sixth blog of a seven-part series on the latest technology trends in hazardous are operations.
All offshore operations go through regular turnaround processes – typically every four years or so - to keep facilities functioning optimally and to avoid unexpected shutdowns.
