Oil and Gas

From INVESaTWIKI

Oil and Gas

The oil and gas industry is extensively using satellite navigation for onshore and offshore operations, both in exploration and exploitation activities.Accuracy levels between 0.5 and 1.0 m up to 1,000 km offshore are commonly expected.The promise of Galileo is of great interest to this sector since it provides a second independent system for activities where high costs associated with exploration and exploitation do not tolerate any errors and delays.
Whether geophysical exploitation, geotechnical evaluation, rig and platform services, underwater inspection, underwater construction support services, pipe laying or pipeline surveys etc., most, if not all, of these operations rely heavily on positioning accuracy. [1]



References

[1] Galileo Joint Undertaking
"Business in satellite navigation - An overview of market developments and emerging applications".

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This page has been accessed 380 times. This page was last modified 16:16, 28 September 2006.


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