Construction, Energy, Oil and Gas

Information technology (IT) is critical to almost every aspect of oil and gas operations, from upstream to downstream. ITs aid in the optimization of oil and gas processes, increasing the efficiency and viability of oil and gas operations. 

 

The Energy, Oil and Gas industry is often divided into 3 segments:  

 

  • upstream, the business of oil and gas exploration and production; 

  • midstream, transportation and storage;  

  • downstream, which includes refining and marketing. 

Information technology (IT) is critical to almost every aspect of oil and gas operations, from upstream to downstream. ITs aid in the optimization of oil and gas processes, increasing the efficiency and viability of oil and gas operations. 

 

The Energy, Oil and Gas industry is often divided into 3 segments:  

 

  • upstream, the business of oil and gas exploration and production; 

  • midstream, transportation and storage;  

  • downstream, which includes refining and marketing. 

Case studies

7 cases

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The annual revenue of the global oil and gas exploration and production industry is $5 trillion.

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Global construction market will grow to $8 trillion by 2030.

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76% of E&C decision-makers are putting more money into connected technologies to solve issues regarding cost and margin.

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