Gain control over industry challenges with oil and gas solutions that liberate data, leverage innovation, and unleash new business models
Energy organizations facing market volatility, digital disruptions, and global economic shifts can rely on Wipro’s oil and gas business solutions to deliver innovative new ways of operating. As energy companies seek to reshape their businesses, our industry and technology experts lead the digital transformations needed to integrate previously siloed data and adopt cloud platforms and cloud-native capabilities. We help companies accelerate the delivery of business value through agile product and service models that streamline operations, improve efficiency, and lead to greater productivity and reliability. With these models in place, Wipro can enable energy enterprises to stay competitive and resilient in a dynamic industry by unifying data from disparate systems, unlocking new operational insights, and managing complex technology landscapes. Leveraging our oil and gas consultancy services, our global teams deliver oil and gas IT solutions that result in modernized industry processes and seamless user experiences while helping build a sustainable future.
The senior subject matter experts (SMEs) of an
Oil and Gas supermajor spent a disproportionate
amount of time on data related tasks rather than
on their primary analytical work.
The automotive service industry is in a transformative phase. The inability to track store-level information results in lost business. A POS modernization program reduces annual application support cost by 50% at more than 1800 stores
Decarbonization journeys are accelerating across all industries. An expansion of wind and solar projects, a growing EV sector, and emerging climate-related regulations are changing the energy industry's calculus.
With digital twins, energy companies can supercharge risk-based inspection by enabling capabilities like real-time visibility and AI/ML-driven predictive maintenance.
To make progress in areas like the energy transition, decarbonization, and scaling/integrating renewables, energy companies will need to focus less on identifying innovations and more on deploying and scaling them.
The shipping industry has long been the lifeblood of global commerce. But as we sail further into the 21st century, the maritime sector faces challenges that threaten to disrupt its operations.
Companies across the energy sector understand that new digital technologies will be crucial to reducing emissions and thriving amid the coming energy transition.
In a data-driven world, enterprises need to manage their data better, enable smarter decisions, and align all their systems toward an efficient and effective model.
Traditional energy companies will face many hurdles as the economy decarbonizes. In the long term, they’ll need to unlock entirely new product lines and business models.
Petroleum retail, a.k.a Consumer mobility, is in a highly transformative phase as organizations focus more on the end consumer needs and are working to deliver a higher level....
The chemical and oil and gas industries are facing financial, operational and market challenges due to uncertain global conditions. Some factors affecting profitability are unplanned downtime of critical assets, optimized asset performance and process efficiency improvement.
The oil and gas refining industry is in the midst of unprecedented change. Demand for green energy is rising. Curbs on carbon emissions are proliferating. Crude oil prices remain volatile. These elements
This paper proposes introducing waste trading into the conventional carbon trading mechanism and promotes that industries shift from a linear to a circular model. Know the importance of Circular economy and net zero.
Sand production is a worldwide phenomenon, a process that inhibits the production volumes and rates of wells across the globe and has significant limiting impact on the field development planning exercise.
The pace of digital change is staggering across the energy value chain. With fast-paced adoption of emerging technologies such as AI / ML, Cloud Native, and Distributor Ledger Technology, to name some of the key enablers of digital transformation, energy cos CIOs and CDOs have to take critical decisions on sourcing that can either help them gain or lose the edge over their competition. It is also a major lever at the CIO’s disposal to survive, sustain, and future-proof the business from disruption.
Technology is playing a key role in shaping the future of the oil and gas industry; examples include applied artificial intelligence, big data, intelligent man-machine interfaces, reduced human interferences, enhanced user experiences, prescriptive analytics, virtual realities, and the adoption of drones.
There is no value in retaining data that is not utilized. One aspect of releasing the value is to normalise files which entails bringing them up to current technology standards.
The energy industry is undergoing a tectonic shift as the world is focusing on increased use of renewables, and de-carbonization of the economy, by shifting the energy supply chain from molecules to electrons.
Cloud, offering companies a foundation for flexibility in a rapidly evolving industry environment. It is the LEGO base for the upstream oil and gas industry—the platform upon which companies can extract amazing value from their businesses and then quickly transform as the world changes.
Organizations utilize many systems to store, access and retrieve information. To do this, end users shall search these systems by utilizing system attributes which are populated with critical metadata (e.g., document origin, classification.)
The importance of accurate and accessible metadata should not be undervalued. Accessible metadata attribution provides end users with confidence that the origin, history, and integrity of each attribute comes from a reliable source
Organizations create, receive and share significant quantities of files and data during any given project, operation or exploratory activity. Unfortunately, the quality of each file received can vary, with quality issues usually arising when the file originator is no longer under contractual obligation to the organization.
Over the next decade, breakthroughs in AI, Robotics, IOT and Blockchain are poised to create some of the most transformative and dramatic impact in our industry.
Copious amounts of files and data can be generated during Pre-FEED (Front Ending Engineering Design) activities. During Pre-FEED, organizations focus on technical requirements, estimated costs, and potential risk evaluations for a proposed project
Organizations need to identify who will manage and execute the MCP migration to operations by determining if the internal manpower can be leveraged without impacting critical MCP daily activities.
Oil and gas fields are often present in deserts, dense forests, shallow and deep-water locations. Issues related to logistics and supply chain pose a great challenge in the management of operations at such locations.
Unlike conventional computers, artificial intelligence is not programmed. On the one hand, like humans, AI learns from information. Yet on the other, it learns far faster than humanly possible. Machine learning (ML) enables AI to make a correlation between a pattern and an outcome, formulate a hypothesis, take action and then integrate that feedback into its next hypothesis. AI continuously learns, with the goal of predicting future outcomes and events with greater accuracy.
An omni channel approach is becoming an unavoidable imperative for petroleum retailers to enhance their flexibility and scalability of operation, provide superior value proposition with respect to competitors and edge ahead on newer avenues for growth.
IT / OT Convergence is a driving industry trend that bridges IT and OT data and platforms in near real-time enabling visibility and business process reinvention across the enterprise
The need for Energy Trading and Risk Management (ETRM) applications has seen immense growth throughout the IT boom. Today, ETRM applications are robust enough to manage front through back office processing, plus physical commodity scheduling and derivatives trading.
Energy and Utility companies rely on their ETRM applications 24x7. With changes in the business, competitive and regulatory environments, ETRM application users have begun to demand, on average, three to six monthly enhancements.
Petroleum retail, a.k.a Consumer mobility, is in a highly transformative phase as organizations focus more on the end consumer needs and are working to deliver a higher level....
There is a need for fuel retailers to be aggressive and early adopters of new technologies and digital transformation in stores and forecourts to ensure service delivery excellence.
Oil and gas fields are often present in deserts, dense forests, shallow and deep-water locations. Issues related to logistics and supply chain pose a great challenge in the management of operations at such locations.
The oil and gas retail industry is rife with competition. From ultra-personalized promotions, dynamic pricing, omni-channel ecommerce, customer loyalty programs, the industry is constantly identifying new ways to bring value to the end consumer.
Organizations need to identify who will manage and execute the MCP migration to operations by determining if the internal manpower can be leveraged without impacting critical MCP daily activities.
Copious amounts of files and data can be generated during Pre-FEED (Front Ending Engineering Design) activities. During Pre-FEED, organizations focus on technical requirements, estimated costs, and potential risk evaluations for a proposed project
Organizations create, receive and share significant quantities of files and data during any given project, operation or exploratory activity. Unfortunately, the quality of each file received can vary, with quality issues usually arising when the file originator is no longer under contractual obligation to the organization.
There is no value in retaining data that is not utilized. One aspect of releasing the value is to normalise files which entails bringing them up to current technology standards.
The importance of accurate and accessible metadata should not be undervalued. Accessible metadata attribution provides end users with confidence that the origin, history, and integrity of each attribute comes from a reliable source
Organizations utilize many systems to store, access and retrieve information. To do this, end users shall search these systems by utilizing system attributes which are populated with critical metadata (e.g., document origin, classification.)
Cloud, offering companies a foundation for flexibility in a rapidly evolving industry environment. It is the LEGO base for the upstream oil and gas industry—the platform upon which companies can extract amazing value from their businesses and then quickly transform as the world changes.
Sand production is a worldwide phenomenon, a process that inhibits the production volumes and rates of wells across the globe and has significant limiting impact on the field development planning exercise.
The energy industry is undergoing a tectonic shift as the world is focusing on increased use of renewables, and de-carbonization of the economy, by shifting the energy supply chain from molecules to electrons.
Currently, most Fast Lubes services companies are not optimally positioned to leverage the new-age business model due to current landscape limitations with IT agility, non-integrated franchisees, and a lack of unified 360-degree view of the high cost of operations.
The pace of digital change is staggering across the energy value chain. With fast-paced adoption of emerging technologies such as AI / ML, Cloud Native, and Distributor Ledger Technology, to name some of the key enablers of digital transformation, energy cos CIOs and CDOs have to take critical decisions on sourcing that can either help them gain or lose the edge over their competition. It is also a major lever at the CIO’s disposal to survive, sustain, and future-proof the business from disruption.
Technology is playing a key role in shaping the future of the oil and gas industry; examples include applied artificial intelligence, big data, intelligent man-machine interfaces, reduced human interferences, enhanced user experiences, prescriptive analytics, virtual realities, and the adoption of drones.
The oil, gas, and petrochemical industries are characterized by unstable market conditions with increased regulatory requirements, significantly higher pressures on margins and profitability with commoditized pricing.
In a data-driven world, enterprises need to manage their data better, enable smarter decisions, and align all their systems toward an efficient and effective model.
This paper proposes introducing waste trading into the conventional carbon trading mechanism and promotes that industries shift from a linear to a circular model. Know the importance of Circular economy and net zero.
The oil and gas refining industry is in the midst of unprecedented change. Demand for green energy is rising. Curbs on carbon emissions are proliferating. Crude oil prices remain volatile. These elements
Traditional energy companies will face many hurdles as the economy decarbonizes. In the long term, they’ll need to unlock entirely new product lines and business models.
By 2050, more than half of global transport vehicles will be powered by electricity and hydrogen. This inevitable reality will completely reshape the business landscape for today’s oil and gas
Companies across the energy sector understand that new digital technologies will be crucial to reducing emissions and thriving amid the coming energy transition.
The shipping industry has long been the lifeblood of global commerce. But as we sail further into the 21st century, the maritime sector faces challenges that threaten to disrupt its operations.
With digital twins, energy companies can supercharge risk-based inspection by enabling capabilities like real-time visibility and AI/ML-driven predictive maintenance.
Decarbonization journeys are accelerating across all industries. An expansion of wind and solar projects, a growing EV sector, and emerging climate-related regulations are changing the energy industry's calculus.
By 2050, more than half of global transport vehicles will be powered by electricity and hydrogen. This inevitable reality will completely reshape the business landscape for today’s oil and gas
In a data-driven world, enterprises need to manage their data better, enable smarter decisions, and align all their systems toward an efficient and effective model.
Imagine a world where the information and visuals you need to run your business are fully and freely available to you on demand. Any questions you may have can be freely explored.