MarketBrief report on the Energy Market sponsored by ST Engineering iDirect. Featuring: Satellite Connectivity for the Energy Market by Elisabeth Tweedie Interview with Jean-Michel Rouylou, Head of Enterprise Market, ST Engineering iDirect Case Study: ST Engineering iDirect’s Technology and  AXESS Maritime Provide Connectivity to a Leading Offshore Wind Service Provider To read or download the pdf of full report click here.

The last few years have been turbulent ones for the oil and gas industries.  First, tumbling prices, initially due to a 30% decrease in demand as the pandemic effectively grounded airlines and severely curtailed other public transport and private vehicle usage.  This was rapidly followed by a price war, as Saudi Arabia stepped up output in a bid to become the dominant supplier.  At the same time, the industry, like many others was suffering a shortage of personnel due to the pandemic.  A serious issue for an industry that operates heavy machinery in remote locations.  

 

The last few years have been turbulent ones for the oil and gas industries.  First, tumbling prices, initially due to a 30% decrease in demand as the pandemic effectively grounded airlines and severely curtailed other public transport and private vehicle usage.  This was rapidly followed by a price war, as Saudi Arabia stepped up output in a bid to become the dominant supplier.  At the same time, the industry, like many others was suffering a shortage of personnel due to the pandemic.  A serious issue for an industry that operates heavy machinery in remote locations.  

Analysis by leading space consulting and market intelligence firm Euroconsult shows a 10% increase in the number of commercial aircraft connected to in-flight services compared to 2020, totalling 9,900 planes by the end of 2021. Within the next decade, the number of aircraft using such services is expected to double to more than 21,000.

Analysis by leading space consulting and market intelligence firm Euroconsult shows a 10% increase in the number of commercial aircraft connected to in-flight services compared to 2020, totalling 9,900 planes by the end of 2021. Within the next decade, the number of aircraft using such services is expected to double to more than 21,000.