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Which companies to lead in transforming oil & gas processes?

Oil&Gas Materials 31 October 2019 17:39 (UTC +04:00)

BAKU, Azerbaijan, Oct.31

By Leman Zeynalova - Trend:

Over time, virtual reality (VR) technology will transform oil and gas processes and workflows and help create new growth opportunities for organizations, Trend reports citing Ravindra Puranik, Oil and Gas Analyst at GlobalData, a leading data and analytics company.

GlobalData identifies Baker Hughes, BP, Chevron, ConocoPhillips, Equinor, ExxonMobil, Gazprom, Halliburton, Shell, Saudi Aramco and Sinopec as among the leading adopters of VR technology in oil and gas operations.

VR provides an interactive experience for oil and gas processes within a simulated environment and presents a superior alternative to images, charts and schematics in the design and planning of different activities in the oil and gas sector.

“VR and 3D simulations allow employees to interact with field equipment in a virtual world. Using the VR system, an employee can get hands-on training on different kinds of equipment and devices without affecting normal work routines. Furthermore, it is equipped to replicate a wide range of emergency situations that employees could potentially face in real-life while working onsite with heavy machinery, thus ensuring they are ready to deal with any unforeseen event,” said Puranik.

VR has the potential to create virtual rigs using 3D simulation techniques to expose the workforce to the hazards of field operations in a cost-effective, yet risk-free way for the company.

With advancements in VR technology, the cost to plug an expert into VR system has become more economical than sending them to the facility.

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Follow the author on Twitter: @Lyaman_Zeyn

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