Oil and gas is among the more accident-prone industries. Compared with, say, banking, the likelihood of someone getting hurt on the job in oil is immeasurably higher. But just as information technology has changed the landscape in banking, it is changing the landscape in oil and gas, too, and it is making it a lot safer.
There’s a growing body of evidence that digitalization is driving a radical transformation in how oil and gas are discovered and extracted – and traded, as well – and safety seems to be an integral part of this transformation. Here’s what technology has been doing to reduce the physical risks associated with work in the oil field while at the same time boosting productivity and reducing costs.
