The journey to industrial data mobility!
As you embark on the mobility journey, the following must be considered: 1. Choosing devices/platforms that allow for broad role & environmental adoption, including in hazardous areas. A crucial challenge in oil & gas for deploying mobility solutions is the ‘hardening’ of the device itself. While there is an increasingly massive range of smart phones, i-Devices and PC tablets, very few stand the safety rigor, high bandwidth requirements, and the rugged design needed in this i
Oil Giant Shell Slumps To £4bn Quarterly Loss!
Oil giant Royal Dutch Shell has slumped to a loss of $6.1bn (£4bn) for the third quarter after taking a $8.2bn (£5.4bn) hit from ditching long term projects and the impact of lower oil and gas prices. Shell said it had taken a $2.6bn (£1.7bn) hit on the recent decision to abandon drilling off Alaska as well as $2bn (£1.3bn) for another cancelled operation, in Canada. Meanwhile, the company took a $3.7bn (£2.4bn) charge on the impact of a downward revision to the long-term out
BP Profits Fall By Half Amid Oil Price Slump!
BP has taken a fresh hit from the slump in oil and gas prices as third-quarter profits fell by half and it set out plans for a further $1bn cut to 2015 spending. The company, a staple of many UK pension funds, said replacement cost profits dipped to $1.23bn (£804m) from $2.38bn (£1.55bn) in the same period last year. BP has been hit by the slide in the price of a barrel of Brent crude which has tumbled by more than half from over $100 last summer to less than $50. Chief execu
Save Jobs & Reduce Overheads!
With prices at $50, the same 5% cut in production costs can make a huge difference to your assets profit margins. This is why we are seeing a dramatic series of lay-offs in the industry. This is why there has been a year-on-year >50% reduction in the North American active rig count. And this is why asset owners are seeking to capitalize on advances in digitized asset management. For more than 15 years, we have been employing the best software development talent in the world,
