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How IoT Is Enabling Oil And Gas Industries Achieve Operational Excellence

Vertechs group

One of the most precious and traded commodities in the world, crude oil, affects almost every aspect of the global economy. Production companies and oil field service providers use heavy equipment like wellheads and pumpjacks to extract drilling fluid from deep soils. In addition to extraction, well-completion services also include the transportation of the crude, for which O&G businesses are reliant on the extensive pipeline network or on third-party suppliers who can transport crude oil with ease via trucks, trains, and ships.

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