Upstream industry involves the processes of exploring & extracting to the surface crude oil & natural gas, which is trapped in underground plays. In this era of fluctuating crude prices, upstream companies are focusing on reducing the cost of exploration and production. Volatility in crude oil prices is forcing oil companies to evolve, by adopting innovative technologies like Big Data and Industrial IoT, to expedite business growth.
Valenta helps Upstream companies address industry challenges through our services and solutions specifically created to transform their businesses by providing them with a competitive edge. We provide solutions across the Upstream value chain by combining IT, engineering and automation capabilities.
The Midstream industry deals with transportation of crude oil, from its place of extraction to the processing plants. LTI brings about transparency in data to help companies identify areas of opportunity, thus improving safety, environmental protection and profits. We provide solutions like fleet monitoring, advanced pipeline leak detection, field workforce mobility, and ETRM (Energy Trading and Risk Management), which helps Midstream companies mitigate their business risks.
The Downstream industry comprises of oil & gas operations that take place after the production phase till the point of sale. This involves refining, processing, transportation and sale of petroleum products. Refineries need to ensure safe and reliable operations while keeping the total cost of operations to a minimum. LTI provides solutions across the Downstream value chain like refinery operations & maintenance, logistics and retail/marketing, to bring about a paradigm shift in business operations.
Since engaging Valenta, we’ve been able to take on a much higher work load. We’ve been able to bring someone into the team for a lower cost, but without compromising on that quality of work. Outsourcing has been a great solution compared to hiring somebody locally. It’s a lot more cost effective and it’s easy to do.
Valenta has been great, because it allows us to expand and contract our operations, depending on the time of the year, very effortlessly and inexpensively. It’s allowed us to make decisions that we know we can scale quickly on because we know that Jayesh and the Valenta team will be there for us.