The Role of BI In The Oil And Gas Sector in The UAE

There have been many technological improvements recently in the daily generation of massive datasets in the oil and gas exploration and production industries. 

The right implementation of Business Intelligence helps manage data from different sources across the field and implementing brilliant visualizations helps to improve decision-making and help you stand out. Business Intelligence is 

now a necessity and not just an option.

All businesses in the oil and gas sector in the UAE, irrespective of a small refinery or a huge exploration unit, generate an exceptional amount of data from different devices, equipment, and sensors required to drill, refine, and explore activities.  

Business Intelligence software like PROJECT INTEL helps to integrate data from various sources and manage this data efficiently. With a centralized data repository, it is easy to access and create visualizations that are easy to understand.

Business Intelligence software also helps to process seismic data, geological information, and drilling data from across all owned equipment. Thus stakeholders can make informed decisions about where the drilling locations should be and what production strategies are required to maximize profits.

Business Intelligence and advanced data analytics enable the oil and gas industry to become efficient as the process adopts predictive maintenance of equipment and infrastructure. As it actively analyzes historical data and similar anomalies, companies can predict the time equipment may fail. This helps to reduce downtime and minimize operational disruptions resulting in more sales opportunities.

The oil and gas industry comprises a wide range of resources. Business intelligence software helps to manage all of them collectively and cuts off unnecessary delays and maintenance costs at times.