digitalization

The most read stories reflect interest in the digital transformation, the energy transition, and shale operations.

A proving ground for the use of digital twins has emerged in the North Sea. There, operators Total, Aker BP, and Shell have each developed and deployed twins that they expect to pay big dividends.

To launch in early 2020, the facility will bring together up to 300 developers, data scientists, architects, and other specialists.

Saudi Aramco, BP, and Schlumberger pride themselves on staying at the forefront of digital technology development and deployment. But an equally daunting challenge for the industry heavyweights is keeping their ever-expanding digital systems secure.

The combination of digital technologies will enable Chevron—and, eventually, other companies—to process, visualize, interpret, and glean insights from multiple data sources, the companies said.

Digital technologies serve as a primary theme of this year’s group, with a few environmentally conscious firms included in the mix.

Equinor is using its digital transformation to be more sustainable. “It’s not just about running a smarter business," said Bjorn Otto Sverdrup, Equinor's senior vice president of sustainability. "It’s also about running a more sustainable business.”

The Independent Project Analysis recently reached out to its clients to understand why digitalization tools are so burdensome for projects organizations to implement.

Malaysia’s Petronas, Shell Malaysia, and Thailand’s PTTEP are now in the midst of full-scale digital adoption. The companies are beginning to see results, but none is counting on a “big bang” in development of the technology soon.