The digital transformation process for the oil and gas industry

How work, skilled and business migration are impacted

Australia ranks as one of the top three global exporters of liquefied natural gas, coal and uranium. Emerging technologies and innovations in this sector relating to efficient and clean energy, renewables, hydrogen and future fuels are continually being developed and supported by the Australian Government through its research and industry growth centres and priority sectors.

The government’s strategic focus broadly involves accelerating the development, commercialisation and deployment of emerging technologies that support and enhance the exploration, development, extraction and production of more and cleaner energy resources for the benefit of the wider Australian economy.

Some of the few new technologies that make conditions safer in the oil and gas industry include drones, the Internet of Things, artificial intelligence, big data analytics and electronic monitoring.

AI

Oil and gas companies are now 100% relying on technology across the spectrum, and with each new project investments, the technology is more advanced and more innovative than its predecessor. With artificial intelligence, companies in this sector use technology to communicate and order tasks to be completed. The AI is now also commonly used to operate machinery and devices, and other more responsive technology.

Internet of Things

Businesses in this sector are increasingly using tech smart devices and hardware that is run through the internet, which rely on wifi and Bluetooth connections and networks.

Electronic Monitoring

Constant monitoring is required in the oil and gas industry to ensure that conditions are consistent and safe, and facilities are managed properly. Through electronic monitoring, businesses will no longer have to be reliant on people to oversee facilities and evaluate the premises, instead use this technology to provide updates on scheduled maintenance, inventory stock and the working condition of certain devices.

Drones

Drones are becoming more commonly used in this sector as businesses seek comprehensive, remote scans of facilities in a shorter period of time.

Big Data Analytics

Companies in oil and gas are more and more making informed decisions using data analytics. Data analytics enable businesses to obtain detailed information about industry trends, revenues, profits and inventory supplies.

Australia has developed one of the strongest energy resources industries in the world, one that has created and sustained over 98,000 jobs. As one of the most critical industries in the economy responsible for providing vital sources for many including vehicles, homes, commercial buildings and machines, high demand for safety and maintenance together with increasing reliance on tech is the current trend in this space. To remain competitive and stay ahead of the competition, businesses in this sector are increasingly seeking to invest in high-level knowledge tech workers from across the globe.

Sellanes Clark and Associates have been providing bespoke immigration and legal advisory specialising in the energy resources sector; for entrepreneurs, businesses, employers and skilled individuals (business migration, employer-sponsored and GTI programs). For more information, please contact us today.

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