Digitalisation strategy oil and gas

opportunities digitalization creates for the Oil & Gas industry, but also how this potentially can organizations to implement a focused digital strategy, sponsored  Examples set by digital disrupters compel oil and gas leaders to look for innovative strategies and new business models. Today, digital is a key enabler in oil  10 May 2019 the oil and gas sector has been in dire need of digital operations for decades – but the cost and difficulty of properly implementing a strategy 

Digitisation is a hot topic within the oil and gas sector. It is the topic at every conference and briefing but it is hard to judge how well it is being adopted and whether the sector is deriving the promised benefits. To most industry outsiders, the pace of digital transformation for oil and gas companies may seem glacial. But according to Geoffrey Cann, author and adviser on digital strategy and innovation in oil and gas, digital technologies are actually well-positioned to impact oil and gas operations in profound ways. Sustained low oil prices are driving adoption of digitalization across the oil and gas industry, ramping up the stakes for cybersecurity. D igital advancements, such as smart engineering technology (SET), the Industrial Internet of Things (IIoT) and big data, can bring both benefits and increased vulnerability to cyber threats. Signs of digital change for oil and gas. According to Deloitte, the oil and gas industry has a digital maturity rating of just under five out of ten. Despite efforts to revolutionise, this measure is a damning indictment of a sector that is lagging behind. However, there are some further signs of change. Examples set by digital disrupters compel oil and gas leaders to look for innovative strategies and new business models. Today, digital is a key enabler in oil and gas to reduce costs, make faster and better decisions, and to increase workforce productivity.

10 May 2019 the oil and gas sector has been in dire need of digital operations for decades – but the cost and difficulty of properly implementing a strategy 

Digitisation is a hot topic within the oil and gas sector. It is the topic at every conference and briefing but it is hard to judge how well it is being adopted and whether the sector is deriving the promised benefits. To most industry outsiders, the pace of digital transformation for oil and gas companies may seem glacial. But according to Geoffrey Cann, author and adviser on digital strategy and innovation in oil and gas, digital technologies are actually well-positioned to impact oil and gas operations in profound ways. Sustained low oil prices are driving adoption of digitalization across the oil and gas industry, ramping up the stakes for cybersecurity. D igital advancements, such as smart engineering technology (SET), the Industrial Internet of Things (IIoT) and big data, can bring both benefits and increased vulnerability to cyber threats. Signs of digital change for oil and gas. According to Deloitte, the oil and gas industry has a digital maturity rating of just under five out of ten. Despite efforts to revolutionise, this measure is a damning indictment of a sector that is lagging behind. However, there are some further signs of change. Examples set by digital disrupters compel oil and gas leaders to look for innovative strategies and new business models. Today, digital is a key enabler in oil and gas to reduce costs, make faster and better decisions, and to increase workforce productivity. Digitalisation in oil & gas – The upstream response to Industry 4.0 By Gareth Davies 25 January 2018 The past decade has seen several Oil & Gas operator technologies advancing quickly in Digitalisation: A new era for oil and gas As early as the 1980s, oil & gas companies began to adopt digital technologies, with a focus on better understanding a reservoir's resource and production potential, improving health & safety, and boosting marginal operational efficiencies at oil fields.

even cost of producing crude oil and natural gas by up to 30–40 percent. embraced this concept and made it part of their core strategy moving forward.

17 Jan 2017 Oil and gas executives responsible for offshore operations should work with their technology teams to create a digital strategy to reduce 

Digital Acceleration in the Downstream Oil & Gas Industry. There are a range of economic benefits for several digital acceleration strategies but the objectives 

14 Nov 2018 Changing business demands and increasing “digital ambitions” are shifting the way oil and gas companies operate. Strategic priorities are  7 Nov 2019 The strategy sets clear outcomes, identifies opportunities and areas that need further focus, and outlines government actions. By working together  Research conducted by DNV GL has revealed that the oil and gas sector is Energy companies are discovering how smart data strategies can deliver cost and  14 May 2019 Unlocking value and profitability through downstream digitalization Delek who will share how they put their digital strategies into action This registration is for Oil & Gas Operators to attend the Digital Downstream Forum. 24 Jun 2019 As a result, oil and gas companies are proactively seeking a transition path to become truly holistic energy companies. Technology and  The implementation of digitisation, Big Data, automation and the Internet of Things For larger oil and gas companies, wide-encompassing digital strategies are 

Technology, Strategy and People: Becoming a Digital Oil and Gas Company Although most oil and gas companies are closely focused on preserving margins to weather the low-price storm, many are also looking ahead and thinking about how digital technologies and data analytics will transform their industry.

1 Apr 2019 The digital twin framework enables operational excellence by helping oil and gas operators and owners take a model-focused approach that  Building Digital Spine of Oil & Gas Enterprises for Competitive Advantage. A core digital strategy is critical for success in Business 4.0TM world. Building a digital  28 Apr 2018 New digital technologies combined with data-driven insights can transform operations, boosting agility and strategic decision-making, and  8 Jan 2019 Industry professionals will appreciate the authors' approach to developing a digital strategy from the bottom up, avoiding pitfalls from the tempting 

even cost of producing crude oil and natural gas by up to 30–40 percent. embraced this concept and made it part of their core strategy moving forward.