Oil and Gas Sees Widescale VR Deployment

That’s according to GlobalData, which has produced a new report exploring how VR is finding its way into the upstream, midstream and downstream sectors.
In the report, the company identified the following oil and gas players among the leading adopters of VR technology in oil and gas operations:
- Baker
Hughes
- BP
- Chevron
- ConocoPhillips
- Equinor
- ExxonMobil
- Gazprom
- Halliburton
- Shell
- Saudi
Aramco
- Sinopec
“Over
time, this technology will transform oil and gas processes and workflows and
help create new growth opportunities for organizations,” Ravindra Puranik, an
oil and gas analyst at GlobalData, said in a company statement.
“VR
and 3D simulations allow employees to interact with field equipment in a
virtual world. Using the VR system, an employee can get hands-on training on
different kinds of equipment and devices without affecting normal work
routines,” Puranik added.
“Furthermore,
it is equipped to replicate a wide range of emergency situations that employees
could potentially face in real-life while working onsite with heavy machinery,
thus ensuring they are ready to deal with any unforeseen event,” the GlobalData
representative continued.
According
to GlobalData, the leading technology providers in VR include companies such as
Facebook, Microsoft, Samsung and Sony.
GlobalData
describes itself as a leading data and analytics company. Last month, the
company revealed that South America has the highest number of planned and
announced floating production storage and offloading additions globally between
2019 and 2025.
During the same month, GlobalData revealed that South America and Europe saw the most oil and gas discoveries in the third quarter.