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The Importance of Asset Management in the Oil and Gas Industry

The Importance of Asset Management in the Oil and Gas Industry

by admin_lokimox | Jun 27, 2018 | NEWS

Over the past years, energy prices have been declining drastically and as a result, the pressure is being exerted on the operating companies in the oil and gas industry in order to maintain profitability. To tackle this challenge, these companies are currently...
Machine Learning For Asset Management in the Oil and Gas Industry

Machine Learning For Asset Management in the Oil and Gas Industry

by admin_lokimox | Jun 20, 2018 | NEWS

The last ten years has presented major changes to the oil and gas companies. The demand for oil and its products is drastically increasing, but the prices are facing volatility and have dropped massively. Due to volatility and reduction in the prices, most companies...
A Strategic Approach for Asset Management in the Oil and Gas Industry

A Strategic Approach for Asset Management in the Oil and Gas Industry

by admin_lokimox | Jun 13, 2018 | NEWS

In the oil and gas industry, the most significant strategy is to produce at the lowest possible cost and get the highest profits. In order to be competitive, a working site must develop the best products at the opportune times which ultimately needs a high level of...

Roles of Asset Management in Improved Business Productivity

by admin_lokimox | Apr 19, 2018 | NEWS

Most businesses rely on the efficient tracking of their in-service equipment and management of their key inventories as a way of enhancing productivity. Although this can be helpful to an extent, it does not fully optimize the potentials in them. The role of asset...

Lokimox Receives TBPE Registration as an Engineering Firm

by admin_lokimox | Dec 16, 2017 | NEWS

Lokimox is now a registered engineering firm in the State of Texas. We are pleased to be able to offer our engineering services, performed by licensed professional engineers in the State of Texas or any other state in which we are providing services.   Why should...
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