Abstract
This article explores the prospects for radio frequency identification (RFID) to be utilised by firms throughout the oil and gas industry. The article first provides the reader with an overview of RFID technology, how it works and how it is being applied in various settings. The present research found that innovative companies around the world are finding that RFID can improve their business intelligence and streamline their safety, inspection and supply operations. The article concludes with a look at the potential return on investment (ROI) for oil and gas exploration, extraction and servicing firms to make use of this game-changing technology. [Received: February 21, 2009; Accepted: April 21, 2009]
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: International Journal of Oil, Gas and Coal Technology
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.