Top 20 Oil and Gas Solution Companies - 2020

The COVID-19 outbreak has added a major layer of uncertainty to the future of oil and gas industry. In 2020, the oil and gas demand has dropped for the first time since 2009 due to the deep contraction in oil consumption in Asia and the global ban on travel. Following the downfall, a sharp rebound in 2021 is expected, but the yearly growth in global oil demand will grow slowly thereafter. At the moment, however, oil and gas leaders are thoroughly examining their corporate risk and resilience, determining the deterring factors, and considering actions to correct failures.

In addition to immediate crisis management, oil and gas companies are integrating risk into strategic planning rather than treating it as a separate effort. Further, these companies are moving toward zero-budgeting to allocate resources based on efficiency, necessity, and value with the shifting priorities. In today’s challenging conditions, zero-budgeting can help stretch limited resources to achieve greater returns. Moreover, it is becoming increasingly essential for oil and gas companies to reinforce cybersecurity protections as their employees are working remotely, making the company’s database more vulnerable and prone for an attack.

On a positive note, once the pandemic is contained and travel restrictions are lifted, global oil demand will begin to rise and buoy the oil price along with it. This implies that individual companies must continue to remain steady until its operations resume to normal.

At this juncture, there is a wide variety of oil and gas solution providers and consulting companies entering the industry with a set of advanced and integrated offerings. To help companies navigate through the best-of-breed oil and gas solutions and services, CIOReview has compiled this edition. The enlisted organizations are poised to transform the oil and petroleum landscape. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for the aspiring CIOs.

We present to you CIOReview’s, “20 Most Promising Oil and Gas Solution Providers – 2020.”

Top Oil and Gas Solution Companies

Massachusetts-based company Aspen Technology (AspenTech) (NASDAQ:AZPN), a provider of software and services for the process industries, is turning the corner for the oil and gas industry by using AI and other leading technologies. AspenTech’s state-of-the-art solution, backed by AI, helps the world’s largest oil and gas, chemical, and engineering companies achieve their goals, such as safety, sustainability, and profitability. The purpose-built solution enables oil and gas companies to weave a digital thread throughout the design, operation, and maintenance of their facilities and value chains. The real-time data and actionable insights delivered by the solution helps clients mitigate the various challenges they face in their day-to-day business operations.

Enertia Software is the leading developer of integrated enterprise solutions for the upstream oil and gas industry. Enertia’s service-oriented architecture streamlines business functions by creating reduced points of communication for users through a customer engagement manager that works as a liaison between support and developmental initiatives.The company’s data-driven ERP functions streamline critical management tasks from the field back to the office. From accounting and financial functions to well production, lease administration, and communication management, Enertia’s solutions encompass all of the essential processes required for the smooth and efficient orchestration of Oil and Gas industryVincent Dawkins, President

Developed by Spatial Networks, Fulcrum is the industry-leading data collection platform that enables users to easily build custom apps for capturing information in the field.Fulcrum tackles the nagging issues in your workflow, providing productivity-boosting benefits along the way. Real-time access to data allows oneto see what field teams are doing without waiting for the end of a workday as faster access to data means faster decision making. Moreover, the platform replaces error-prone paper processes with Fulcrum forms, which have visibility, requirement, and validation logic built in, resulting in more consistent, accurate data

A new breed system integration company that is committed to helping O&G businesses solve the most complex problems by simplifying their system for improved operation, maintenance, and support

TENSOR Drilling Technologies is the proud successor to Tensor™ and Centerfire™ MWD-LWD line of downhole directional guidance tools produced by GE Oil & Gas (now Baker Hughes). The company is the most recognizable brand among probe- based MWD tools and has built a reputation for excellence on a proven track record of equipment quality, class-leading accuracy, reliability, and customer support. TENSOR aims to bring the most reliable and accurate drilling and formation evaluation products to the market at an affordable cost. The ultimate beneficiary of these measures is a predictable operating cost that allows customers to plan their operations with confidence. The company’s robust, durable MWD and LWD measurement technologies deliver the reliability and accuracy that clients demand in high temperature and high-pressure applications. Their reliable solutions improve drilling efficiency, facilitates precise wellbore placements, and reduces non-productive time.

Authentix

Authentix

As the authority in authentication solutions, Authentix thrives in supply chain complexity. The company provides advanced authentication solutions for governments, central banks and commercial products, ensuring local economies grow, banknote security remains intact and commercial products have robust market opportunities. Authentix thrives in the most complex environments – from multi-national fuel programs to pharmaceutical regulatory compliance to the global currency trade. They understand the systems, processes and nuances, increasing decision confidence to protect both investments and consumers. As they anticipate and identify issues within supply and distribution chains, they enable government, brand and product protection.

Cirrus Logistics

Cirrus Logistics

Established over 20 years’ ago, Cirrus Logistics is a UK based company that specialises in providing decision support solutions to local and global corporations in both the supply chain and maritime industries. The company supplies software and services that utilise advanced optimisation and simulation techniques to enable companies to develop the best possible business strategies that deliver optimum financial benefits. They develop all of their products in-house and stick to what they know best – supply chain.

CyrusOne

CyrusOne

Global firms seeking enterprise colocation solutions have consistently selected CyrusOne. Currently serving hundreds of customers and more than 185 of Fortune 1000 customers worldwide, CyrusOne’s strong growth over the past 16 years has made it the third-largest data center provider in the U.S. CyrusOne prides themselves in their core values—community, agility, respect, enjoyable workplace, ethics and exceptional service. Since 2001, and years of continued success, CyrusOne competes at the forefront of the data center industry as a respected leader and innovator.

General Electric

General Electric

The General Electric Company (GE) is an American multinational company. For more than 125 years, GE has invented the future of industry. Today, GE is best known for its work in the power, renewable energy, aviation, and healthcare industries. The Company's products and services range from aircraft engines, power generation, and oil and gas production equipment to medical imaging, financing and industrial products. GE’s people are diverse and dedicated, operating with the highest level of integrity and focus to fulfill GE’s mission and deliver for its customers.

Hudson Technologies

Hudson Technologies

Hudson Technologies is a leading U.S. manufacturer of deep-drawn metal enclosures and stampings, including metal diaphragms. It uses a variety of high-performance metals, including stainless steel and titanium, along with aluminum, aluminized steel, cold rolled steel, brass, copper, Mu metal, nickel, cupro nickel and more. Design engineers turn to Hudson Technologies for precision metal enclosures and diaphragms whether they need a prototype or high-volume production. The catalog has more than 15,000 standard shapes and sizes (up to 12 inches) available with little to no tooling charges. Custom products offer precision engineered tooling and parts designed to customers' specifications.

MarqMetrix

MarqMetrix

MarqMetrix is an early stage, high growth rate company developing state-of-the-art optical measurement systems. MarqMetrix’s innovative products and solutions are fundamentally changing the way businesses make decisions, in industries from food to pharmaceutical to oil & gas. MarqMetrix’s world class optical measurement systems provide access to accurate, repeatable data at key measurement points throughout our partners’ processes – generating significant value for their partners. MarqMetrix, founded in 2012, is based in Seattle, WA. The company is recognized as one of the top 2014 spin-outs from the University of Washington, and is currently working with global, market leading brands representing the oil and gas, biotech and pharmaceutical industries, among others.

Milton Roy

Milton Roy

Milton Roy is the world's leading manufacturer of controlled-volume metering pumps that set the industry standard for performance, accuracy and durability. For more than 80 years, Milton Roy has concentrated its scientific, engineering and production resources on the development and manufacture of equipment that accurately control fluids ranging from water to high viscosity polymers, corrosive or abrasive chemicals, toxic substances, and other difficult pumping elements. Milton Roy is a brand of Accudyne Industries, a leading global provider of precision-engineered, process-critical and technologically advanced flow control systems and industrial compressors.

OpenText

OpenText

OpenText, a market leader in Enterprise Information Management software and solutions, enables intelligent and connected enterprises by managing, leveraging, securing and gaining insight into enterprise information, on-premises or in the cloud. OpenText EIM solutions are designed to help organizations extract value from their information, secure that information, and meet the growing list of compliance requirements. The OpenText Enterprise Information Management Software platform manages and analyzes information, enabling the Intelligent and Connected Enterprise with machines (automation), artificial intelligence (AI), Application Programming Interfaces (APIs) and data management combined into an intelligent information core.

OSIsoft

OSIsoft

OSIsoft delivers the PI System, the industry standard in enterprise infrastructure, for management of real-time data and events. The PI System enables businesses to capture and leverage sensor-based data across the enterprise to improve efficiency, asset health, productivity, sustainability, quality, safety and security. Beyond being just a data historian, the open infrastructure connects data, operations and people to enable real-time operational intelligence and transform operations. With installations in 107 countries spanning the globe, the OSIsoft PI System is used in manufacturing, energy, utilities, life sciences, data centers, oil and gas, facilities and process industries.

PDI

PDI

PDI, the leader in enterprise management software for the convenience retail and petroleum wholesale markets, delivers solutions to connect to intelligent business. PDI helps convenience retailers and petroleum wholesalers thrive through digital transformation and enterprise software that enables them to grow topline revenue, optimize operations and unify their business across the entire value chain. Over 1,500 customers in more than 200,000 locations worldwide count on the company’s leading ERP, logistics, fuel pricing and marketing cloud solutions to provide insights that increase volume, margin and customer loyalty.

Rockwell Automation

Rockwell Automation

Rockwell Automation is driven by the mission to improve the quality of life by making the world more productive and sustainable. Rockwell Automation is committed to enabling the next generation of smart manufacturing by using the right strategy, talented people, and substantial financial strength. Rockwell Automation connects the imaginations of people with the potential of technology to expand what is humanly possible, making the world more intelligent, more connected, and more productive. Throughout the world, its flagship Allen-Bradley and Rockwell Software product brands are recognized for innovation and excellence. The company is thereby dedicated to deliver value to its customers.

Schlumberger

Schlumberger

Schlumberger is the world's leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. Working in more than 120 countries and employing people who represent over 170 nationalities, Schlumberger presently supplies the industry's most comprehensive range of products and services, from exploration through production and integrated pore-to-pipeline solutions for hydrocarbon recovery that optimize reservoir performance sustainably. Furthermore, the company is developing methods and processes by using ever-less-invasive means that shall minimize environmental footprints while maximizing positive influence on the communities and the system.

Star Controls

Star Controls

Star Controls is a leading provider of Industrial IoT (IIoT) and M2M solutions, including SCADA and Communications systems for the Water and Electric Utilities, Oil & Gas, Public Safety, and other markets. The solutions that Star Controls offers are also major components in the Smart City and Smart Grid projects. The Star Controls team includes Subject Matter Experts in different areas and aspects, in which enables a holistic view of the needs and challenges. The team has successfully implemented various projects nationwide and worldwide

Zedi

Zedi

Through technology backed by experts, they help their customers to realize their production potential. With their unique combination of award-winning software, automation and cloud SCADA, they offer complete solutions for the challenges our customers encounter. Increase profitability and operational excellence with real-time analytics for better performing assets, streamlined compliance, and optimized resources. Anytime, anywhere, access to accurate data. Their platform is truly end-to-end. Sensors in the field are connected to gateways that support a variety of protocols. This allows us to help producers with a real time, aggregated view of production.

ZPE Systems

ZPE Systems

At ZPE Systems™ they believe that gaining secure and reliable access and control of critical infrastructure consoles should require a management effort as close to zero as possible. They are a group of technologists with many years of cumulative experience in the console management business and with 20+ patents granted. They were there to provide serial access to CRAFT interfaces, they lived through the explosion of pizza box computing, they also invented the first Linux based Break Safe console servers, put IPMI inside your servers, provided universal access appliances and gave security and compliance features to satisfy your Sarbanes-Oxley, HIPAA, GLBA and ITIL requirements