digital transformation

While both are raw resources, data is reusable. A CERAWeek panel said infrastructure and cultural change are needed to drive the transformative value of data.

Following up the petroleum industry’s work with digital technology and security is a priority area at the Petroleum Safety Authority Norway. A key target for this supervision in 2019 will be helping the sector to improve safety and the working environment.

Two new centers in Bergen, Norway will lean on emerging digital technology to oversee much of the Norwegian operator’s offshore operations.

Meet the group advancing digital technology adoption within one of the largest oil and gas producers in the US. Its aim is to cross-pollinate reservoir engineers with data scientists to create a 21st century workforce.

Strides made in data analytics over the past few years have been huge. But the complexity of data, and understanding how to use them, can delay the advantages to be gained. If the benefits and methodology of data acquisition are not better explained to engineers, might implementation suffer?

The adoption of emerging technologies is essential for all businesses, and even more important for well-­established industries because of the perpetual threat of disruption from competitors.

Halliburton and Microsoft believe that by working together they can step up the pace of digital transformation across the E&P industry.

Panelists at the Offshore Technology Conference largely doubted that the oil and gas industry is making full use of digital technology for fundamental transformation.

The oil and gas sector is an area primed for transformational development of its operations through new digital infrastructures, GE’s CEO said in an address to technological developers and company partners.