Statoil Pumps up Production Levels through Information Sharing and 'Smart' Practices
Diminishing petroleum reserves and increasing worldwide demand for oil and natural gas continue to drive complex challenges. Solutions require fresh thinking, rigorous research and carefully calculated investments. IBM is helping chemical and petroleum clients solve the most complex problems facing the industry. Like Statoil, who teamed with key industry players IBM, ABB, Aker Kværner and SKF to create a new process framework that links advanced real time sensing capabilities in the field to powerful, collaborative and analytical resources accessible across the enterprise. Watch the video to learn more.