How New Technology Is Revolutionizing Oil & Gas

For years, Big Oil played catch-up with the banking, e-commerce, and retail industries in embracing digitalization and new technologies to boost profits and efficiency.   Over the past year, however, Big Oil and many companies in the upstream and downstream segments have started to adopt a growing number of digital solutions to seek cost cuts through innovation and new technologies. Many oil and gas firms, especially the world’s biggest, are already using data analytics, cloud computing, digital oil fields, digital twins, robotics, automation,…