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TMCNet:  Usage of wireless M2M applications in oil and gas set to grow exponentially | M2M for Oil and Gas

[December 02, 2013]

Usage of wireless M2M applications in oil and gas set to grow exponentially | M2M for Oil and Gas

(M2 PressWIRE Via Acquire Media NewsEdge) SMi's 2nd annual M2M for Oil and Gas conference, taking place on 28-29 April 2014 in London, will address how the oil and gas industry are overcoming the challenges of managing, monitoring and controlling assets and processes through new automation and communication technologies. The two-day conference programme will enable stakeholders to further understand what current technologies are being utilised and how new technology solutions can increase operational efficiency, reduce maintenance costs, enhance safety and centralise control.


London - The market for wireless M2M applications in the oil and gas industry has entered a growth phase with the installed base of active oil & gas M2M devices forecasted to grow at a compound annual growth rate of 21.5 percent from 164,000 units at the end of 2011 to 435,000 units by 2016. The installed base of cellular and satellite based M2M devices in 2016 are forecasted to be 275,000 units and 160,000 units respectively. It is anticipated that onshore well field equipment monitoring and inland pipeline monitoring will be the top two applications for wireless M2M in the oil & gas industry.

(Source: Berg Insight, Nov 12, 'M2M Applications in the Oil and Gas Industry', http://www.berginsight.com/ReportPDF/ProductSheet/bi-oilandgas-ps.pdf) Against this backdrop, SMi's 2nd annual M2M for Oil and Gas conference will address these developments in wireless technologies such as private radio, cellular and satellite communication, which can provide high performance online connectivity at reasonable cost. The two-day conference programme will feature case studies from Shell, BP and Petrobot among others, sharing essential insight on how these combined components enable the delivery of operations management, equipment management and regulatory compliance applications linking remote equipment and enterprise IT systems.

Key speakers include: - Berry Mulder, Global Program Leader Wireless Technology for Process Facilities, Shell - Blaine Tookey, Senior Technology Consultant Chief Technology Office, BP - Brian Partridge, Vice President, Yankee Group - Olivier Pauzet, VP Marketing & Market Strategy, Sierra Wireless - Prof. Rita Marcella, Dean of Faculty, Aberdeen Business School, Robert Gordon University - Tjibbe Bouma, CEO, Petrobot Project EU Commission To view the complete speaker line-up and conference programme, visit http://www.smi-online.co.uk/2014m2m-oilandgas30.asp.

Big Data in M2M for Oil and Gas Post-Conference Workshop | Led by Ali Rebaie, Independent Big Data Analyst & Consultant, Rebaie Analytics Group | 30th April 2014, London, UK This workshop will first provide an overview of Big Data and its opportunities. The second part of the workshop will focus on big data for oil & gas. We will present the data growth in oil & gas, current challenges of oil & gas companies when it comes to big data and the emerging types of big data analytics applications.

((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.com on the world wide web. Inquiries to info@m2.com)).

(c) 2013 M2 COMMUNICATIONS

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