ESQADA Software Development Corp. Examines Predictions for 2021 in Oil and Gas Industry

Early-stage environmental quality control startup suggests improved tools will bring economic growth to the Oil & Gas Industry in 2021.
VANCOUVER, British Columbia - Dec. 24, 2020 - PRLog -- Surrounded by a lot of excitement, 2020 brought a promising start for the oil and gas industry, only to be tainted by a sudden economic crash at the end of Q1 due to the all-encompassing effects of the pandemic. The economic war between Russia and the Middle East, the COVID-19 virus, and travel restrictions all led to historically lowest oil prices, which affected other activities and industries with a drop in drilling activity.

However, the Canadian oil and gas industry was able to make certain gains in pipeline infrastructure. These developments, combined with upward pricing forecasts for natural gas, suggest 2021 activity should make a modest recovery from the 2020 collapse.

As per quality control in the oil and gas industry, COVID-19 proved that the current quality inspection methods are no longer well-suited and require digitization and other methods. Manual and traditional tools cannot provide the needed accuracy, repeatability and documentation.  Digital measurement will help manage tolerance interplays between assemblies, provide a better means to the fabrication worker, increase the project owner's visibility into their communities' health without the need to travel and finally eliminate quality control as the bottleneck in fabrication shops.

About ESQADA Software Development Corp.: ESQADA is a Canadian B2B application development company. Their digital quality assurance platform for the Oil and Gas sector is informed by years of industry experience. The founder, Manuel Jorge, his partners and the development team found an innovative way to train personnel, monitor HES certification and achieve corporate compliance for current and future job sites. Eventually, this approach can be extended into Health and Environmental Safety issues for industries beyond Oil and Gas.
Tags:Gas And Oil Industry
Location:Vancouver - British Columbia - Canada
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
ESQADA Software Development Corp. News
Most Viewed
Daily News

Like PRLog?
Click to Share