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Oil & Gas Sector Opportunity

The Oil & Gas sector faces huge challenges in tackling high incidents of theft and illegal activities as well as spillages and environmental damage which costs $bn's in lost revenues and fines annually. On top of that there are also wider cost implications for operators and the economies that rely on taxation from that activity.

 

We believe Space Aye's unique satellite imaging and loT identification and tracking capability can help provide a better solution. A real-time solution which can offer on-the-ground information from anywhere in the world.

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Establish virtual boundaries around critical assets & enable real-time detection of unauthorised activity.

 

Capture a high-resolution image from space, combine with drone and/or local CCTV imagery to identify authorised and unauthorised activity including theft, vandalism, leakage and environmental damage and use that information to instruct mitigating action, in less time.

 

In a market like Nigeria, our recent use case showed that oil theft cost c. $10bn between January and June of 2024. If better monitoring and protection of Nigeria's oil production infrastructure prevented just 10% of those losses annually, the savings would be massive. 

Secure Assets
& Reduce Loss

Using a combination of loT enabled sensors, imaging from space and environmental monitoring you can address leaks before they escalate.

 

Improving accountability, better informing & tracking recovery efforts and ensuring more efficient resource allocation.

Predictive Monitoring

Imagine being able to capture 'real-time' images to track and assess oil spills, deforestation and other environmental impacts and identify people and assets in those locations?

 

Enabling more effective mitigation and quicker containment of disasters, reducing environmental harm and the associated costs.

Enable Rapid Response

Proactive monitoring and more effective response management and tracking have been shown to reduce reduces disaster recovery costs by 10-15%.

 

As well as reducing losses and increasing net revenues, the industry improves efficiency and helps preserves public trust.

Revenue & Economic Benefits

How
Space Aye Capabilities can help...

AdobeStock_223572692.jpeg

Establish virtual boundaries around critical assets & enable real-time detection of unauthorised activity.

 

Capture a high-resolution image from space, combine with drone and/or local CCTV imagery to identify authorised and unauthorised activity including theft, vandalism, leakage and environmental damage and use that information to instruct mitigating action, in less time.

 

In a market like Nigeria, our recent use case showed that oil theft cost c. $10bn between January and June of 2024. If better monitoring and protection of Nigeria's oil production infrastructure prevented just 10% of those losses annually, the savings would be massive. 

Secure Assets & Reduce Loss

Using a combination of loT enabled sensors, imaging from space and environmental monitoring you can address leaks before they escalate.

 

Improving accountability, better informing & tracking recovery efforts and ensuring more efficient resource allocation.

Predictive Monitoring

Imagine being able to capture 'real-time' images to track and assess oil spills, deforestation and other environmental impacts and identify people and assets in those locations?

 

Enabling more effective mitigation and quicker containment of disasters, reducing environmental harm and the associated costs.

Enable Rapid Response

Proactive monitoring and more effective response management and tracking have been shown to reduce reduces disaster recovery costs by 10-15%.

 

As well as reducing losses and increasing net revenues, the industry improves efficiency and helps preserves public trust.

Revenue & Economic Benefits

How
Space Aye Capabilities can help...

Examples of using location to track oil tankers and people on land and sea from space

Pléiades Neo © Airbus DS 2023

How
Space Aye
Capabilities
can help...

Secure Assets & Reduce Losses

Establish virtual boundaries around critical assets & enable real-time detection of unauthorised activity.

 

By capturing a high-resolution image from space, combined with drone and/or local CCTV imagery to identify authorised and unauthorised activity. This activity could include theft, vandalism, leakage and environmental damage. This valuable information could be used to instruct mitigating action, in less time.

 

In a market like Nigeria, our recent use case shows that oil theft cost c. $10bn between January 2024 and June 2024. If better monitoring and protection of Nigeria's oil production infrastructure prevented even 10% of those losses annually, the savings would be massive. 

Enable Rapid Response

Imagine being able to capture 'real-time' images to track and assess oil spills, deforestation and other environmental impacts and identify people and assets in those locations?

 

Enabling more effective mitigation and quicker containment of disasters, reducing environmental harm and the associated costs.

Predictive Monitoring

Using a combination of loT enabled sensors, imaging from space and environmental monitoring you can address leaks before they escalate.

 

Improving accountability, better informing and tracking recovery efforts and ensuring more efficient resource allocation.

Revenue & Economic Benefits

Proactive monitoring and more effective response management and tracking have been shown to reduce reduces disaster recovery costs by 10-15%.

 

As well as reducing losses and increasing net revenues, the industry improves efficiency and helps preserves public trust.

The Benefits

Improved safety and monitoring for personnel

Strengthen regulatory compliance

Increased net revenues from enhanced operational efficiency

Cost savings from more effective prevention

Significant reduction
in theft and illegal activities

The Benefits

Significant reduction in theft and illegal activities

Increased net revenues from enhanced operational efficiency

Strengthen regulatory compliance

Strengthen regulatory compliance

Improved safety and monitoring for personnel

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