Mentions of robotics in the documents of oil and gas companies grew by 56% in the second and third quarters of 2021. Overall, the frequency of robotics-related convictions between October 2020 and September 2021 was 283% higher than in 2016, when GlobalData, which takes our data for this article, first began tracking key issues. which are stated in the company documents.
When oil and gas companies publish annual and quarterly reports, ESG reports and other documents, GlobalData analyzes the text and identifies individual proposals regarding the destructive forces that companies face in the coming years. Robotics is one such topic – companies that have succeeded and invest in these areas are considered better prepared for the future business landscape and better equipped to survive unforeseen challenges.
To assess whether more robotics appears in the resumes and strategies of oil and gas companies, two indicators were calculated. First, we looked at the percentage of companies that have at least once mentioned robotics in statements over the last twelve months – that’s 37% compared to 12% in 2016. Second, we calculated the percentage of the total number of proposals analyzed related to robotics.
Of the 50 largest employers in the oil and gas industry, Atlas Copco was the company that most often turned to robotics between October 2020 and September 2021. GlobalData found 12 verdicts related to robotics in the documents of the Swedish company – 0.2% of all verdicts. PTT Public Co named robotics in second place – this issue was also mentioned in 0.2% of proposals in the company’s documents. Other leading employers with high mention of robotics included TechnipFMC, NOV and ENEOS Holdings.
This analysis gives a rough idea of which companies focus on robotics and how important the issue is in the oil and gas industry, but it also has limitations and needs to be interpreted carefully. For example, a company that mentions robotics more often does not necessarily indicate that it is using new techniques or prioritizes the problem, nor does it indicate whether the company’s enterprises in the field of robotics have had successes or failures.
In the last quarter, companies in the oil and gas industry based in Asia, most often mentioned robotics: 0.05% of proposals in the documents of companies related to this problem. In contrast, US-based companies mention robotics in only 0.01% of proposals.
https://www.offshore-technology.com/features/filings-buzz-in-oil-and-gas-industry-56-increase-in-robotics-mentions-in-q3-of-2021/ The third quarter of 2021 mentions a 56% increase in robotics.