carrot carrot carrot Change Centers x cognizanti collaborators create-folder Data Science Decisive Infrastructure download download edit Email exit Facebook files folders future-of-work global sourcing industry info infographic linkedin location Mass Empowerment Mobile First our-latest-thinking pdf question-mark icon_rss save-article search-article search-folders settings icon_share smart-search Smart Sourcing icon_star Twitter Value Webs Virtual Capital workplace Artboard 1

Please visit the COVID-19 response page for resources and advice on managing through the crisis today and beyond.

No Results.

Did you mean...

Or try searching another term.

Oil and Gas Services

What are oil and gas services?

Oil and gas services refer to products and processes that support the oil and gas industry, including energy exploration, transport of petroleum and gas to refineries, and the processing and delivery of energy assets to market. Frequently the term is used to describe offerings from companies that provide supportive services to the industry, including IT solutions. Often implemented with help from experienced third-party business and technology consultants, oil and gas services can help producers save money, operate more efficiently and even plan and implement new business models.

What are the business benefits of oil and gas services?

Oil and gas companies that have learned to survive in low-price markets are looking for ways to create a longer-term sustainable advantage. Many seek help from oil and gas service providers to make incremental improvements in technical or operational capabilities. Approaches based on making better use of rich pools of data and digital technologies are increasingly used for predictive maintenance, automated pipeline inspections and deep analysis of wells, among many other uses. Business benefits include helping companies establish an integrated operations strategy, transform faster without massive organizational upheaval, and manage complex mergers and acquisitions more effectively.

Oil and Gas Services Featured Content
The Digital Imperative: Energy Transformation
Social Foresight Shapes 2040 Strategy for Oil & Gas Provider
Automating the Petroleum Industry, from Wells to Wheels

Back to

Glossary
INDUSTRIES
SERVICES
COGNIZANT CONSULTING
LATEST THINKING
ABOUT COGNIZANT
GLOSSARY
INFORMATION FOR SUPPLIERS