After a long period of financial pressure on the commodities, O&G is recovering and leveraging mobile technology more than ever before
The geopolitical environment is positively changing, and the access to Private 5G and favorable spectrum is enabling changes. The efforts to modernize the workforce and attract the youth to pursue O&G careers are progressing as the O&G jobs are becoming more high-tech. Due to the remoteness, real-time safety systems, IoT, industry 4.0, and autonomous processes, technology will continue to play a significant role. The more technology, the more need for networks.
Globally, O&G is deploying wireless mobility, as it has become mandatory to support the growing number of innovations and applications. For people and machines, the need for robust, real-time, full mobility networks, delivering better, faster, higher capacity, will continue to be the foundation of any innovations. The quantity and size of the at-risk zones are shrinking. Wearables are rapidly becoming popular, as well as augmented reality glasses and applications. From a machinery perspective, we see more drones surveying and inspecting for leaks and vandalism, measuring flaring and air quality, as well as infrared monitoring of tank battery levels.
The next five years – will see O&G evolve from little automation to semi-autonomous drones and fully autonomous process and equipment deployment. New technological advancement will enable cost-effective and safe exploitations of higher risk processes such as in-situ and much more automation in other at-risk locations.
The following 10-15 years will unveil remarkable transformation for O&G. Most O&G companies now have significant renewable energy investments and are crossing over to wind, solar and some are investing now in the mining of materials used in electric cars. We see O&G companies such as Shell announcing that they will become the biggest electrical power producer in the world by 2035
Network performance, reliability assurance, and mobility will continue to be at the foundation of O&G’s evolution. To meet today’s growing demand for wireless mobility networks, O&G companies must implement private LTE/5G depending on the latency they are trying to meet.
Private 5G is the clear winner in any deployment strategies and expenditure today and tomorrow for any autonomous and other mission-critical safety, operations, and transformation applications. Canoga’s TSN solution enables the full power of 5G and provides the lowest cost for integration of 5G transport when combined with 4G and other communications systems.