One of the important concerns in the oil and gas industry, as in many other fields, is making sure that work processes comply with the industry-specific regulations, guidelines and standards. These standards cover a plethora of requirements, from managing equipment and people, to conducting work processes that minimally impact the environment and ecosystems. For Canada, […]

The oil and gas industry is in the top five largest sectors in the world in terms of dollar value, generating an estimated $3.32 trillion in revenue annually. It is estimated that 40-60% of workforce in the oil and gas industry will retire in the next five years, so preserving the knowledge stored in documents […]

According to the World Petroleum Council (WPC), the average age of employees in Oil and Gas companies is 50 years, and it is estimated that in the next 5 years 40-60% of them will retire. The consequence is an age-related crisis in the sector given that, in many cases, the knowledge accumulated goes with the […]

According to the World Petroleum Council (WPC), the average age of employees in Oil and Gas companies is 50 years, and it is estimated that in the next 5 years 40-60% of them will retire. One consequence of this age-related crisis is losing the accumulated knowledge by retiring “gray-beards”. In this scenario, new software technologies […]