Spanning Canada and the United States, North America is home to a plethora of major industry players, including Exxon Mobil Corp, the world's second-largest publicly traded company after Royal Dutch Shell. The region's oil and natural gas industry is focused on developing oil sands, deepwater gulf prospects and increasingly profitable shale deposits stretching across the continent. One of the premier sweet spots for deepwater exploration, the Gulf of Mexico is the largest body of water indenting the U.S. continental coastline, and its subsea developments continue to spark both national and international interest.
Modeling is used in engineering to develop data as a basis for technical or managerial decisions, through the use of simulations. Typically, by using advanced software that provides state-of-the-art visualization and analysis capabilities, engineers are able to decide the best processes and strategy moving forward. Accurate modeling reduces the time, cost and risk involved by being able to run multiple scenarios conceptually through a computer program.