Latest Technological Advancements in the Offshore Industry
The offshore industry is one of the biggest ones in the world, and even though it was severely affected less than a decade ago, today it is worth close to 40 billion dollars. The experts are suggesting that the market size will get close to 60 billion by 2025. To be able to keep up with the demand, and to create better working conditions, the newest technologies must be applied. In this article, we are going to talk about some of the latest technological advancements in the offshore industry, and we will give you more information on how they are affecting the success of the projects and the safety of the human crew.
Use of robots
Robots are one of the best tools that are available at our disposal in the offshore industry. They help with every process in the oil and gas companies, and they are creating a better and safer -environment.
They are mainly made to help the human crew in harsh and unsafe -environments, and they can be much faster and more precise. This helps avoid injuries and can prevent mishaps from happening. In addition to this, the robots can be implemented in areas where' it is not possible for the human crew to work, and they can increase safety by detecting methane levels and determining if the site is safe or not.
Note that with the implementation of the robots, the costs can be decreased as well. They can be used to detect any changes on-site, and if needed, they will send the needed notification and alert the human crew that they need to stop the operations or start them again.
Improved wireless communication
We all know how important communication is, and if there is no communication between- teams or workers in the oil and gas sites, that can lead to errors, mistakes, and even injuries. When the communication is stopped, there can be a lot of delays, or people may make the wrong decision based on not having enough information.
There are different ways that the crew communicates with each other, and the latest trend is wireless devices. These units make the communication better by providing clear signals, and fewer interruptions and everything is conducted using electromagnetic waves.
Implementation of analytics
For us to have the needed information and make well-rounded decisions, we need to collect data and analyze it. As we mentioned previously, robotic tools can help us gather the needed information on-site and they automatically send it all to the cloud systems where' the people responsible can access it.
Know that in the past, the collection of big data was not secure enough, and there were a lot of breaches that created issues on a much bigger scale. Today, we are able to secure the information that is transmitted and prevent hacks or any types of cyberattacks.
When the data is collected, it is then properly structured, and the analysts get insights about not only the production but also the overall performance. This info can be later on used by engineers to optimize the processes and create better and safer -environments.
With the proper analysis and solution implementation, we can improve the production process, we can get things done on time, and we can also increase our profits. This trend has become a part of most oil and gas companies and it is expected to be further developed for better results.
Detection of methane is crucial for a safe working -environment, and here we are not talking only about the human crews. When we drill on-site, even if that is completely automated and even if there are no humans involved, we cannot allow drilling in places where' there could be an explosion.
If this happens, we will lose our whole equipment, and ultimately, we won’t be able to finish the project successfully, which will lead to losing resources and profits.
With the newest technologies, the process of methane detection is much faster and more accurate, the collected data is analyzed and decisions can be properly made. Note that this is a complex process that is being developed and improved by the day, and it is expected to be new and better changes in the future.
One of the most important parts of this field is to make the whole working process much faster and safer for the human crew. With the automated processes that we can notice in the offshore trends, we can see that a lot of human error has been avoided and that the sites are becoming a much safer -environment.
The automation speeds up the operation, and it also reduced the need for human labor. This does not mean that people are losing their jobs, it just means that their brainpower can be focused on more complex and important tasks that do not require them to be at direct risk.
Note that these solutions are made to lower the time needed between- the detection of the problem, and its diagnosis, as well as coming up with solutions in this field. Once the automatic diagnosis is done, the human crew can easily choose the right way to go depending on the data and the analysis done.
The automated processes are implemented everywhere' possible, starting from the development of the plan and the project and their -execution. Because of this, the working conditions are much better, and the result can be seen much faster. Many issues are avoided, and the ones that still occur can be intercepted and solved in a much faster manner.
In addition to these things, trends including implementation of AI, cloud computing, predictive maintenance, improved heating systems, and 3D visualization are used. All of these things help us finish our projects much safer and easier, and it is expected for new trends to arise. The most important thing is to keep up with the latest developments and understand how today’s technology can help us achieve better results faster.
Are you looking to hit the big time? Look no further than progressive slots in New Zealand online casinos. These games offer some of the biggest jackpots around, and you could be walking away with a fortune with a little luck.
When it comes to slot machines, Kiwis are particularly fond of them. Pokies is the term used to describe these games. However, they aren’t limited to playing the old-school machines. The most popular games in the online casino market are progressive jackpot slots.
Those who play progressive jackpot slots have the opportunity to earn life-changing sums of money while having a lot of fun. You don’t have to spend a fortune on a progressive jackpot slot game because the jackpots keep growing until they are won.
Here’s everything you need to know about playing these games and how to increase your chances of winning. So read on and get ready to strike it rich!
- How Progressive Jackpots Work In New Zealand Online Casinos
- Types Of Progressive Jackpots
- Why Play Progressive Jackpots In New Zealand?
- Best Progressive Jackpots In New Zealand
- Tips For Winning Progressive Jackpots
How Progressive Jackpots Work In New Zealand Online Casinos
A progressive jackpot is a sum that accumulates over time thanks to a network of interconnected slot machines. In order to increase the overall jackpot, a portion of each wager is added to the pot. Until it’s won, the total will keep rising. Different online casinos provide a wide range of progressive jackpots with various themes, symbols, and winning combinations.
Pokie jackpots are computed based on the house advantage, ranging from 2% to 15% on most games. Furthermore, the progressive prize will be funded by a portion of the house edge, which the online casino will take. You will find a spinning meter that displays this amount at the top of a casino’s website or on top of the linked machines in a land-based casino.
Types Of Progressive Jackpots
In New Zealand, there are three types of progressive jackpots.
- Standalone Progressive Jackpot
A standalone progressive jackpot is not linked to any other machines. The game will have a meter that shows the current value of the jackpot, which is fed by the wagers of players. The meter will reset and start growing again from a predetermined amount when someone hits the winning combination.
The standalone progressive jackpot is the most common type of progressive jackpot.
- Local Progressive Jackpot
A local progressive jackpot is linked to a group of machines in the same casino. The jackpot will continue to grow as players wager on any connected machines. The meter will reset and start growing again from a predetermined amount when someone hits the winning combination. Local progressive jackpots are usually found in land-based casinos.
- Wide Area Progressive Jackpot
The largest prizes can be found in Wide Area progressives, which are made up of connected slots from multiple casinos. There is a third-party operator for these slots and the jackpot, which means the casino only receives a portion of the earnings. The odds of winning these jackpots are lower than those of other progressive jackpots, despite being incredibly big.
The most popular wide-area progressive jackpot is the Mega Moolah, which has reached over $20 million.
Why Play Progressive Jackpots In New Zealand?
Progressive jackpots offer New Zealand players the opportunity to win life-changing prizes. While the odds of winning are quite low, the potential rewards are much higher than those of other casino games.
For example, the average return for a blackjack game is 99.87%. That means that for every $100 you wager, you’ll get back an average of $99.87. In contrast, the Mega Moolah progressive jackpot has an RTP of 88.12%. However, the maximum prize is much higher at $20 million.
Of course, you should only play progressive jackpots if you can afford to lose the money you’re wagering. It’s important to set a budget and stick to it. If you start to feel like you’re chasing losses, it’s time to walk away.
Best Progressive Jackpots In New Zealand
There are many different progressive jackpots available in New Zealand online casinos. Here are some of the best ones
- Mega Moolah: This is one of the most popular progressive jackpots, and it has a maximum prize of $20 million. The RTP is 88.12%.
- Major Millions: This progressive jackpot has a maximum prize of $250,000. The RTP is 89.37%.
- Cash Splash: This progressive jackpot has a maximum prize of $100,000. The RTP is 92.86%.
- King Cashalot: This progressive jackpot has a maximum prize of $500,000. The RTP is 89.19%.
Tips For Winning Progressive Jackpots
There’s no sure-fire way to win a progressive jackpot. However, there are some things you can do to increase your chances of taking home the top prize. Here are a few tips:
1. Know Your Slots
The first thing you need to do is familiarize yourself with the game. Read the rules and paytable to know what symbols are associated with what payouts. It’s also important to understand how the jackpot works.
Most progressive jackpot slots have a meter that shows how much the current jackpot is worth. The meter will continue to increase until someone hits the jackpot. At that point, the meter resets and starts growing again.
2. Play At A Reputable Casino
Playing at a reputable casino is especially crucial when playing for such high stakes. You want to make sure that you’re playing at a fair, safe, and secure online casino.
The last thing you want is to win the jackpot only to find out that the casino isn’t reputable and you can’t collect your winnings.
3. Manage Your Bankroll
When playing progressive slots, it’s important to manage your bankroll carefully. This is because you’ll need to place a maximum bet to be eligible for the jackpot.
If you don’t have enough money to place the maximum bet, you’ll need to either find a game with a lower jackpot or save until you can afford it.
4. Check The Terms And Conditions
Before you start playing, it’s important to check the terms and conditions of the game. This is especially true for progressive jackpot slots. Some games will have restrictions on who is eligible to win the jackpot. For example, some games may only allow players from certain countries to win the jackpot.
It’s also important to check the wagering requirements. You’ll need to meet these conditions to be eligible for the jackpot. For example, some games may require you to place a maximum bet to be eligible. Others may have a minimum amount that you need to wager.
5. Have fun
Last but not least, remember to have fun! Progressive slots can be exciting and nerve-wracking at the same time. But as long as you’re playing within your budget and aware of the risks, there’s no reason you shouldn’t enjoy yourself.
Progressive slots can be a lot of fun to play. They offer the chance to win big prizes, which is always exciting. However, it’s important to understand how they work and carefully manage your bankroll. If you follow these tips, you’ll be in good shape to start playing progressive slots at New Zealand online casinos. Good luck!