Low Earth Orbit Satellite Connectivity | Offshore Oil & Gas Sector Report Launch
The company’s latest article – ‘Offshore Oil & Gas Digitisation: LEO Connectivity’ – offers insight into the advantages of low-earth orbit (LEO) satellites and explains why the coverage they offer for remote industries is changing the face of operations for fossil fuel companies.
More details can be found at https://www.clarusleo.com/2021/12/13/offshore-oil-gas-digitisation-leo-connectivity
The new piece is part of The Clarus Network Group’s full suite of educational and logistical resources for the civil engineering, energy, and healthcare sectors. The company leverages decades of experience in network coverage solutions, delivering project planning, account management, and scalable communications using state-of-the-art technology.
According to BCG, LEO satellites are located around 50 times closer to earth than the previously predominant geosynchronous technology. Satellites have provided essential connectivity for communications across the globe since the latter half of the 20th century, bridging the gaps left by weak terrestrial infrastructure.
According to the Clarus report, LEO satellites offer oil and gas companies unprecedented coverage across the globe. This results in high speeds for data transfer, low latency, and reliable wireless connectivity even for polar rigs and exploration projects that have, until now, been unconnected.
With environmental concerns now at the top of the political agenda throughout the world, the article suggests that increases in carbon taxes and investor concern about greenhouse gas emissions coupled with plunging prices and stalled efforts to fully digitize the industry have left the oil and gas industries facing yet another financial collapse.
The report discussed how LEO connectivity offers the energy exploration and supply sectors a lifeline via the development of predictive maintenance technology, real-time data-based control and monitoring, real-time video communication and inspections, IoT-enabled sensors, and the automation of previously manual processes – increasing efficiency and reducing the incidence of human error in the process.
The Clarus article outlines how LEO can facilitate a new era of connectivity for the upstream, midstream, and downstream sectors of the energy industry. The satellites provide the scalability and sustainability needed to better connect these three areas of operation, reducing production costs, improving health and safety, and lowering carbon emissions.
The report states, “Due to the reduced construction costs and greater capacity to use this solution in all three streams, it is thought that LEO will cut costs in operations and capital expenditure by at least 20% from extraction to final distribution. It is also predicted that 52.5 billion in value could be added with the use of LEO satellites and 5G technologies.”
The Clarus Networks Group continues to inform, educate, and facilitate the implementation of LEO and 5G technology within the energy sector.
For more information, go to https://youtu.be/crsFB3gthNQ
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COMTEX_413322617/2764/2022-08-29T14:19:20
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