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Tag Archives: Internet of things (IoT)

5 In-Demand Technologies in the Oil and Gas Industry

5 In-Demand Technologies in the Oil and Gas Industry

The oil and gas industry has always been at the forefront of technological innovation. As global energy demands increase and environmental regulations tighten, companies in the sector are turning to advanced technologies to optimize production, reduce costs, ensure safety, and meet sustainability goals. The Middle East, holding nearly half of the world's proven oil reserves and over 40% of natural gas reserves, plays a pivotal role in this technological evolution. According to the International Energy Agency (IEA), global energy demand is set to rise by 25% by 2040, further stressing the need for efficiency and innovation in oil and gas operations. This article explores five of the most in-demand technologies transforming the oil and gas industry, particularly in the context of the Middle East's strategic energy landscape.
AI Internet of things (IoT) Machine Learning Oil & Gas

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