Burning flares is the equivalent of burning roubles. O&G asks James Balaschak from Deloitte why this is now changing.
Oil&Gas business requires more and more high technology, both in equipment and in control functions. High technology means high investment and the increasing importance of continuous operation.
Oil and Gas production companies are known for operating in some of the harshest, most remote regions of the world – the Caspian Sea, the Arabian Desert and the North Slope of Alaska.
Oil and gas producers have relied on Caterpillar® since the industry's earliest days. For 60 years, we've powered the petroleum business on land.