Disrupting a Stagnant Industry
SANTA CLARA, California, July 10, 2018 /PRNewswire/ -- Over the past decade, the oil and gas industry has seen major volatility, with the price of oil as high as $130 per barrel to as low as $30 per barrel. Today we are seeing an outburst of start-ups and a changing culture that is founded on innovation. The industry is currently witnessing the "Golden Age" of emerging technology developments and is poised to benefit from innovation designed to help the upstream oil and gas industry reduce costs and improve recovery rates. While some oil & gas companies are developing unique innovations themselves, the industry is benefiting from a surge in start-up companies focused on digital transformation and radical change proving that the oil and gas start-up ecosystem is alive and growing.
Frost & Sullivan's Oil & Gas Innovation Council invites those looking to benefit from innovation and disruption within the current oil and gas industry to join Dylan Ellett, a Frost & Sullivan leading oil and gas analyst, and a panel of industry experts from start-up companies that will showcase their solutions, impacts on the industry and real-world scenarios of success and hardships along the journey, from founding to investment, on Tuesday, July 31, 2018, at 10:00 AM CDT.
To register for the complimentary webinar, please visit: http://frost.ly/2lg
"The start-up ecosystem is a dynamic and agile space that is helping to change many industry landscapes," said Ellett. "The oil and gas industry is increasingly looking to start-ups for solutions that can decrease costs, improve safety and increase efficiency."
Key takeaways include:
- Discover start-up companies that are providing innovative solutions to industry challenges
- Hear real success stories and pain points from start-ups
- Interact with start-up companies
About the Oil & Gas Innovation Council
The Frost & Sullivan Oil & Gas Innovation Council spotlights innovations, business models, processes, and best practices that have the potential to reduce the complexity and inefficiencies of upstream oil & gas. The Council is the first member-driven, global executive network designed to help accelerate the pace of innovation in upstream oil & gas.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Contact us: Start the discussion
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SOURCE Frost & Sullivan