GlobalData’s latest thematic report, ‘Robotics in Oil & Gas,’ provides a glimpse of robotics technologies adopted in the oil and gas industry. It identifies the top industry trends and various use cases for robotics in the oil and gas industry.
Oil and gas operations are labour-intensive and incorporate several repetitive tasks, some of which may involve hazardous environments and other such obstructions. Therefore, robotics is an ideal solution to many of the concerns within the oil and gas industry as it can undertake more strenuous tasks and complex procedures when compared to human beings.
Robotics offers higher reliability and efficiency in fulfilling assigned tasks while also improving the safety of the operation. Its adaptation into terrestrial, airborne and submerged robots is already playing critical roles in several high-stake oil and gas projects across the value chain. Advances in robotics technology, along with increasing collaborations between oil and gas players and technology vendors, are expected to guide the future growth of robotics in the industry.
The role of robots in the industry has evolved and covers diverse functionalities. This includes terrestrial crawlers, quadrupeds, aerial drones, autonomous underwater vehicles (AUVs), and remotely operated vehicles (ROVs). The inclusion of other digital technologies, such as artificial intelligence (AI), cloud computing, and the Internet of Things (IoT), along with various sensors are improving the performance of robots for oil and gas applications.
AI-backed robotics technology, along with other sensors on the robot, provides diverse functionality in the oil and gas industry. AI is expected to develop further with computer vision and context-aware computing capabilities, which will enhance the efficiency of robotics in the industry. Trends, such as the growing use of autonomous robots and robot as a service (RaaS) is expected to transform the role of robotics in this decade.