Energy & Resources Logistics

The big question when new technologies are introduced in the marketplace is whether they will stand the test of time and reach critical levels of adoption to fulfil their "raison d´être". With blockchain's gradual adoption across different industries, there are two key areas where it plays a pivotal role in enhancing the oil and gas industry's effectiveness and efficiency.  1.Carbon Credit NFTs Greenhouse Gas (GHG) emissions from oil and gas operations stand at more than 5.2 billion metric tonnes, representing nearly 15% of the energy sector's total GHG emissions. Blockchain's use of uniq...

Insights from the panel discussion at IBS Energy Logistics Forum in Calgary on 26th April 2022 FIFO, the movement of workforce between their homes and remotely located worksites for energy and resources operations, is estimated to be a US$3B business with annual passenger traffic at 15M, predominantly in the Americas and Australia regions. Despite its magnitude, the FIFO industry hasn't typically been an early adopter of technology, which translates into lost opportunities to improve seat utilization, enhance the traveler experience, increase staff productivity, and maximize revenues. Many FIF...

As we look towards the "new normal" as a sign of recovery from the pandemic, a key question we need to ask ourselves is: what does - or will - the "new normal" look like? At IBS Software, we think that "future-ready" supply chains and logistics for upstream energy and resources will display the following characteristics: Collaborative ecosystems Lack of collaboration between interdependent internal and external functions have caused longstanding operational inefficiencies and cost overruns that make supply chains vulnerable to large-scale disruptions. For an oil, gas, or energy operator, with ...

Achieving net-zero greenhouse gas emissions by 2050 is a formidable task for the global energy industry, but one of vital importance. In Africa, we're facing the triple challenge of tackling emissions, building sustainable sources to meet growing energy needs, and mitigating the economic impact of our heavy reliance on oil. For transformational change to be successful, we need to collectively adopt a pragmatic, commercially viable, and action-oriented approach to tackling emissions. This approach needs to have a clear focus on operating the cleanest, high-margin portfolio of energy production ...

Personnel tracking continues to be a key focus area for Health Safety and Environment (HSE) departments in the oil and gas industry, especially in hazardous environments. Over the last decade, companies invested in real-time personnel solutions using technologies like Ultra-Wideband (UWB) or Wi-Fi based active Radio Frequency Identification (RFID), despite its high CAPEX and OPEX. During the pandemic, countries adopted new contact tracing methodologies using digital Apps and technologies like NFC, GPS, Bluetooth, QR codes, CCTV, mobile-data, and credit cards. Oil, gas, and mining companies can...