Virtual reality revolutionises training and operations in oil and gas industry [Yahoo! Finance]
Exxon Mobil Corporation (XOM)
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Source: Yahoo! Finance
Industry leaders such as Shell and ExxonMobil are using VR simulations to train their employees in critical operations. This provides a highly safe and cost-efficient approach to introduce personnel to a new facility in both offshore and onshore terrains, says GlobalData, a data and analytics company. GlobalData's Strategic Intelligence report, “Virtual Reality in Oil and Gas,” presents an overview of the adoption of VR in the oil and gas industry. The applications of VR technology in the oil and gas industry includes generating training modules for the workforce and visualising the asset under consideration for planning and decision-making. “VR enhances the operational safety through immersive training programs,” said Ravindra Puranik, an oil and gas analyst at GlobalData. “It can help develop safety procedures at production facilities to address smaller accidents as well as for emergency response.” Leading oil and gas companies such as Shell, BP Chevron , and ExxonMobil, h
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