The centre provides industry insights and access to digital solutions and technologies for oil and gas companies to adopt in order to accelerate their business growth, reduce investment waste, and avoid duplication.

Axora industry innovation director for oil and gas Stuart Gregg said: “15% of global energy greenhouse gas emissions come from the process of getting oil and gas out of the ground. This and other urgent challenges such as price volatility amid the Covid-19 pandemic are encouraging leading industrials to look to technology to change the way oil and gas are discovered, drilled, and produced.”

Axora’s Oil and Gas Resource Centre also offers smart technologies that fast-track safer, efficient, and more sustainable production. These include: internet of things, smart devices, and smart connected devices to improve the technological sophistication of oil and gas operations.

Axora chief commercial officer Dr. Nick Mayhew said: “From robotic drills to renewable energy grids, drone exploration to data collection and analytics, today’s flourishing tech ecosystem is driving a cleaner, safer, and more sustainable operating model for upstream energy.

He added: “Companies which act now to improve their technology solutions and accelerate their digital transformation roadmaps are the ones which will recover quickest from Covid-19 and thrive in the future.”

The company’s Oil and Gas Resource Centre also aims to provide guidance on how survival and sustainability in the oil and gas industry can coexist, how to reduce operational carbon emissions with and digital trends to watch out for.

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By GlobalData

The creation of Axora’s Oil and Gas Resource Centre follows the successful launch of its Smart Mining Resource Centre in May this year.