| Publisher | Cisco Systems | ||
|---|---|---|---|
| Format | 132.9KB PDF | Date added | 01 Jul 2007 |
| Topics | Infrastructure Management | ||
| Downloads | 32 | ||
The oil and gas industry relies on Information and Communications Technology (ICT) to meet its business goals. The industry recognizes that to manage future oil and gas developments and the effective production of existing reserves, it will be essential to integrate and connect business processes, geographies, and organizations. The use of collaborative environments will become a prerequisite, allowing oil and gas experts around the world to assimilate and interrogate large volumes of data and information to make informed, right-time1 business decisions. The consequential improvement in recovery rates, together with better cost management and improved health, safety, and environmental performance, will help the industry continue to meet the ongoing hydrocarbon needs of the world's energy consumers. The connected oilfield is about new ways of working.
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