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Pinheads Interactive - Virtual Reality & Mixed Reality Case Studies For Oil & Gas Industry



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Pinheads Interactive - Virtual Reality & Mixed Reality Case Studies For Oil & Gas Industry

  1. 1. Virtual Reality and Mixed Reality Case Studies For the Oil and Gas Industry
  2. 2. 2 Virtual Reality (VR) is immersive technology that brings users to a 3d virtual world. Users can interact with objects and environment in that world. Many companies have used it in various ways: ● Enhance training ● Product storytelling ● Improve current processes What Is Virtual Reality? “ Virtual Reality is the first step in a grand adventure into the landscape of imagination.
  3. 3. 3 Mixed Reality (MR) is transformative technology that blends the virtual and real world together. Users can touch and see 3d projections as if there are actually there. Businesses are starting to implement such tech for: ● Enhancing communication ● Improving training safety ● Instructional guidance in processes What Is Mixed Reality? “ Mixed Reality is a spectrum of mixing virtual and physical interactions.
  4. 4. 4 How Virtual Tech Is Impacting Businesses Overall, the Virtual Reality (as well as Mixed Reality) market size (software + hardware) will reach $16.3 billion by 2022. In addition, 46% of businesses anticipate virtual reality to become mainstream within the next 3 years. By 2025, it is predicted that about half of the market size for VR/MR software will be from enterprise and the public sector. *Source from Statista 2019 The Diverse Potential of VR & MR Applications Predicted market size of VR/MR software for different use cases in 2025*
  5. 5. 5 CURRENT SITUATION For years, the oil and gas industry has always focused on creating shareholder value. However, it is difficulty to communicate such values and leave a lasting impression to attract additional fundings. IMPRESSIVE VISUALISATION Virtual reality tours is a visual communication tool. Shareholders can visit important sites and interact with the new facilities virtually. Presenting this way will not only deliver a big impression but also impact funding decisions. Key Benefits Of VR
  6. 6. 6 CURRENT SITUATION Training and safety is a priority concern for the oil and gas industry. Contingent workers training is normally done through classroom or video tools without any actual site experience as it may be dangerous to someone new. SAFE AND EFFECTIVE TRAINING With virtual reality, workers can practice for emergencies such as oil spills or gas leaks without fear of danger. They can train with actual equipments in the virtual world before they head out into the field for the first time. Key Benefits Of VR
  7. 7. 7 CURRENT SITUATION Oil and gas sites are often located in places that are difficult to reach. It is time-consuming and costly to frequently transport workers, safety inspectors and stakeholders to the project sites for maintenance and inspection purposes. IMPROVE ONSITE EFFICIENCY Mixed Reality glasses offer onsite workers the ability to perform various tasks with projected instructions. They can also video call experts who will annotate their view and guide the caller through complex processes. Key Benefit Of MR
  8. 8. 8 (Click on the play button to watch the 360 video) Case Study: General Electric Company (GE) CHALLENGE GE wanted to introduce their company’s innovative processes to prospects. They felt that a visualization of how it works will help showcase its capabilities. SOLUTION A 360 VR video transports viewers to view the practical use of their robotic scanners to detect maintenance issues.
  9. 9. 9 CHALLENGE Industrial gas giant Linde wanted to enhance its staff training programme in terms of efficiency and safety. SOLUTION Through virtual simulation, new staff can familiarize with the facilities before heading to actual site. This equips them with operation knowledge beforehand in a risk-free environment. Case Study: Linde (Click on the play button to watch the video)
  10. 10. 10 Case Study: Chevron Corporation (Click on the play button to watch the video) CHALLENGE Oil giant Chevron Corporation wanted to streamline its site inspection process in a collaborative and efficient way. SOLUTION Inspectors can conduct inspections of faraway plants from their offices. This allows them to remotely identify potential issues and guide maintenance.
  11. 11. 11 Case Study: Schneider Electric (Click on the play button to watch the video) CHALLENGE Schneider Electric wanted to improve their efficiency of its machinery maintenance process. SOLUTION Engineers and technicians can see instructional 3d projections overlaid on the machinery, allowing them to quickly identify and resolve maintenance issues.
  12. 12. 12 About Us Industry Experience Projects Completed more than 12 Years 150+ VR AR MR E-Learning Pinheads Interactive Pte Ltd is the leader in the production of Augmented Reality (AR), Virtual Reality (VR), Mixed Reality (MR) and E- Learning contents for over 12 years. We strive to develop high-quality digital resources specially catered to our clients’ needs with integration of innovative technologies.
  13. 13. 13 Our Clientele
  14. 14. Interested in working with us? Get in touch with us now! +65 9138 6327