According to the prediction for the next five years, India's oil and gas industry is a sizable market with a CAGR of 3%. The COVID-19 epidemic has had a severe effect on the oil and gas business in India.
The rising prices of the supply chain, a scarcity of skilled workers and personnel to monitor output, and the increasing amount of pressure to become more environmentally responsible...
Artificial intelligence is proven to be a significant enabler for oil & gas projects with various applications. These include production optimization with computer vision to evaluate seismic and subsurface data more quickly,..
The inherent mismatch between demand and supply in the oil and gas (O&G) industry has become much more pronounced because of the Covid-19 outbreak.
Domestic oil demand growth will rise to 5% in 2023-24 after a scorching expansion of nearly 10% in this financial year, the petroleum and natural gas ministry’s Petroleum Planning and Analysis Cell (PPAC) has forecasted this data.