OIL AND GAS
                            
                            
                    Key Challenges in the Oil and Gas Industry
                                Oil and gas industry is one of the fast-paced industry that has a huge demand throughout
                                the world. Almost at every largescale oil and gas industry, there are a large number of
                                people who are facing issues regarding the different things that need immediate
                                attention and suitable solutions should be undertaken to get the best results.
                            
                            
                                There are many more challenges faced by Oil and Gas Industry, we have addressed most of
                                these challenges with our relevant IT Technologies such as IOT (Internet of things)/RPA
                                (Robotic Process Automation)/AI (Artificial Intelligence)/ML (Machine Learning)
                                mentioned in below sections.Adopting the right solution, these can be easily mitigated
                                without any problem. It is time to get started with the curbing process and working on
                                making the oil and gas industry devoid of any issues.
                            
                                Adopting the right solution, these can be easily mitigated without any problem. It is
                                time to get started with the curbing process and working on making the oil and gas
                                industry devoid of any issues.
                            
                        Artificial Intelligence is a Game Changer For Oil and Gas Sector
                                Technologies such as Data,Analytics & AI, IoT, robotic process automation (RPA),
                                blockchain and AR/VR will transform operations of oil and gas industry.
                            
                                In the oil and gas business, there are KPIs attached to their operational efficiency
                                which are normally tracked. First is Health, Safety and Environment (HSE), second is
                                operational excellence, and third is volume growth. Internet of things (IoT) is changing
                                the oil and gas industry as far as workers' safety is concerned. Oil and Gas companies
                                face difficult climatic conditions as oil wells are located either offshore (deep sea)
                                or in remote deserts. Considering these aspects, every health parameter will be
                                controlled and monitored through IoT and will be analysed through big data analytics.
                            
                                In Support of such business and operational issues INNOVATIQ Provides AI/ML/RPA/IOT
                                solutions to our esteemed Oil and Gas Customers to analyse and improve their Operational
                                efficiency.
                            
                                Deep diving into their big data, we will offer solutions that makes their data more
                                helpful to increase productivity and improve business efficiency.
                            
                                Install sensors to analyse data to predict how to increase production for a particular
                                oil well using AI/ML on top of data collected.
                            
                                With the help of artificial intelligence, Our esteemed Customers will be able to predict
                                the right geological spot where they drill and get oil.
                            
                        Robotic Process Automation (RPA) Helps in Oil & Gas Industry
                                RPA will play a big role in oil and gas industry. Typically, Operations in Oil and Gas
                                Industry are very fragmented. RPA technology will drive the fragmented operations to
                                automate and integrate processes to ease the process and improve efficiency.
                            
Block Chain Technologies
                                In Oil and gas Industry, most of the communication channels are in manual methods across
                                different systems. Establishing seamless communications, blockchain will drive to bring
                                visibility and trust among the different systems involved.
                            
                                Shipping and Documentation takes a lot of time, workflows, approvals at every port is
                                cumbersome. Blockchain can add lot of value to these processes and managing the
                                documentation and providing operational efficiency to improve cost optimization.
                            
Vehicle tracking systems (VTS) and Sensor Based Technologies to avoid transport issues:
                                Transport through road is major issue. Vehicle tracking systems (VTS) through geo
                                tracking mechanism tracks the vehicles till the vehicles reach the destination safely
                                without any pilferation. Oil level in the tankers can also be tracked through sensors.
                                Quality IoT sensors will be deployed to monitor and to avoid pilferage en route to
                                destination.
                            
                                Drone technologies are helping to monitor the pipeline. In the future, drones are going
                                to be a game-changer for pipeline management.
                            
                        