The energy industry (including oil and gas) is both engineering-intensive and labor-intensive in natural history, making cost reduction a part of the business necessity. Since the last few years, oil and gas companies have endured tumultuous times. While upstream energy companies are coping up with the increasing commodity prices and competition for oil reserves, downstream energy firms are finding it difficult to contend with declining margins and refining capacity problems. Decline in production, increasing exploration costs and demand-supply volatility have only added to the troubles. Energy companies are looking to decrease costs across the board, in a move to consolidate company-wide spending.

Another key area that energy companies are looking to overcome is talent shortage. Due to cost pressures, they are forced to innovate and adopt newer technologies. This investment is not only for the engineering function of an energy firm, but for other low priority areas as well. Outsourcing non-core areas of mechanical engineering is seen as a key driver in cost control and also a potent tool for expanding into core business functions.

The goal of any product manufacturer is to launch the product in the market ahead of its competitors. However, advances in almost every technology are making products more complex than ever before, requiring involved and potentially time-consuming product development cycles and specialist expertise in many fields

We has been working with manufacturing companies worldwide, including a host of energy companies, in all areas of the energy value chain. We have combined technology and domain expertise to help companies improve efficiency, reduce costs and integrate disparate systems.

REIL expertise in various industrial domains and use of CAD technologies enables it to offer a unique advantage to product manufacturers to benefit from tailor-made solutions for automating design procedures.