Emerging technologies in robotics and automation have the potential to improve operations in the oil and gas industry by reducing costs, and increasing safety, efficiency and speed of the processes. Comprising of Robotics, Artificial Intelligence, IoT, analytics, and other hardware and software tools, the technologies are already finding inroads in a variety of processes.
These advanced technologies enable the oil, gas and petrochemical companies to access and obtain the products from the challenging conventional and non-traditional sources. Already, the operations are very expensive and risky due to the hard-to-reach and hostile environments. Additionally, the traditional methods require a complex combination of expensive equipment, workforce, and structures.