As a vital oil and gas producer worldwide, Canada’s oil and natural gas industry is actively working to reduce environmental impacts through analytics, automation and robotics, wearables, and digital twin technologies. More companies are now beginning to see and understand the role of technology in driving eco-friendliness while reducing costs in the oil and gas sector. In the wake of the various developments the industry is witnessing, the global Canada oil and gas market is projected to reach $252.2 billion by 2027, at a CAGR of 1.8 percent.
This growth is predominantly driven by the adoption of automation and electronic monitoring systems to perform mundane tasks and to reduce the likelihood of injury, and improve productivity. Companies are using robotics to assist with round-the-clock surveillance and maintenance and are ensuring their human co-workers are kept out of harm’s way in the process.
To put the spotlight on many other key developments, Energy Tech Review illustrates how Canadian oil and gas solution providers and services companies are leveraging the latest technologies to help oil and gas organizations. This edition also features thought leadership articles from subject matter experts. Some of the exclusive insights are authored by Panos Koutsourakis, Director, Sustainability Strategy, American Bureau of Shipping (ABS), Todd Hranicka, Director – Solar Energy, EV & ES, Public Service Electric & Gas Company, and Robello Samuel, Chief Technical Advisor and Senior Fellow (Well Engineering, Data & Artificial Engg Intelligence), Halliburton. They shed light on the usage of battery storage systems to transform energy strategy, ways to limit greenhouse gas emissions, and digital transformation projects that are leading to advancements in the oil and gas industry.
In this edition of Energy Tech Review magazine, we also bring to you the story of some of the oil and gas solution providers and services companies. In the list, Big Guns Energy Services stands out for its specialization in various types of reservoirs and caprock injection testing, geotechnical lab testing, cased-hole logging and perforating, data collection and analysis, numerical modelling and simulation, technical consulting, as well as project management. We also bring you the story of Engenius, a company assisting their clients with engineered test analysis and operations/production forecast, and scientific research to business analyses. Equally commendable is the story of General Energy Recovery, offering enhanced heavy-oil recovery focused on high-pressure direct contact steam generation technology.
Through the following pages, we aim to shine a light on the innovative trends and latest developments in the Canada oil and gas segment. We would like to know your thoughts.
