Machinery & Equip
GlobalData reports that the upstream sector is witnessing more implementations of the industrial internet compared to other oil and gas sectors as they try to improve security and asset management.
Select the right management technologies for modernization.
A single source of truth can improve time-to-revenue.
Drives: A growing emphasis on boosting energy efficiency and meeting energy requirements are increasing demand for variable frequency drives (VFDs).
Strength comes from global performance model integrated with measured data.
The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) showed overall new business volume for August was $8.9 billion, up 14% year-over-year from new business volume in August 2017.
Taking a proactive approach and involving an expert maintenance provider can allow offshore platform operators to deliver significant benefits to their business in the long term.
Commercial and industrial lubricant demand in the US is projected to grow 1.0% annually thanks to an increase in active oil and gas rigs in the U.S., which use engine oil and fluids for lubrication.
Working with suppliers on standardizing equipment procurement can lower costs, simplify processes, and save up to 50% in engineering resources.
Security and safety enhanced by integration and standardization.