Abstract—A great importance had been given to sustainable
development in the past decades, especially within the oil and
gas industry, companies around the world are expanding their
strategies in order to follow the current trend and information
and Communication Technology are considered as a key factor
for achieving sustainable development. That along with the
constant technological development the oil and gas sector is
experiencing had forced the industry to adapt smart solutions
in order to meet the market’s changing demand and improve
the efficiency of its operations. With the goal of studying
examples of smart solutions within the oil and gas industry
from a general perspective, a literature review was conducted
and the main characteristics and attributes of each solution
had been exploited. Smart solutions gained a great
appreciation in the industry, but their application is still
modest, and the industry did not benefit from it in a
meaningful way and has little impact on companies’ business
model.
Index Terms—Smart solutions, oil and gas, smart fields, big
data, blockchain.
The authors are with University of Wolverhampton, United Kingdom
(e-mail: R.Sarrakh@wlv.ac.uk, suresh.renukappa@wlv.ac.uk,
s.subashini@wlv.ac.uk, S.AlNabt@wlv.ac.uk).
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Cite:Redouane Sarrakh, Suresh Renukappa, Subashini Suresh, and Saeed Al Nabt, "Smart Solutions in the Oil and Gas Industry: A Review," Journal of Clean Energy Technologies vol. 7, no. 5, pp. 72-76, 2019.
