SMi's 2nd annual M2M for Oil and Gas conference will address how the industry is addressing the challenges of managing, monitoring and controlling assets and processes through new automation and communication technologies.
Wireless M2M applications in oil and gas has entered a growth phase with the installed base of active oil & gas M2M devices forecasted to grow at a CAGR of 21.5% 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. The conference will feature case studies from Shell, BP and Petrobot among others how the industry is benefitting from new automation and communication technologies, which can provide high performance online connectivity at reasonable cost.