Integrating offshore operations with 4G LTE networks can change this. The traditional use of satellite communications is costly and slow. 4G networks provide significantly more bandwidth and less latency, allowing information to be transmitted in near real-time.
Key fact: Typically, satellite communications costs $300,000 per year per satellite, and several million for a whole oilfield
Advanced connectivity in offshore platforms improves performance across the whole upstream value chain by providing immediate access to high-quality data and the means to analyse it quickly. This enhances decision making, optimises asset management, and improves visibility at every stage of production.
With most offshore platforms connected by fiber or microwave, the backhaul capacity to connect them to 4G LTE networks is there, and will be a gamer changer for future operations.
Key fact: Using advanced connectivity to optimise drilling, production, maintenance, and field operations could add $250 billion of value to upstream operations by 2030
Reduces operational costs
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