The oil and gas industry has been pushed to a digital tipping point, transforming digital technology from an option to a necessity. During the current market crisis, operators that invested in digital technology early reaped the benefits of added resilience and flexibility while others struggled to adapt to the new normal. Confronted with the double-pronged impact of the coronavirus pandemic and the oil price crash, oil companies have a renewed sense of the market’s fragility, and they will have to maximise their efforts to optimise operations.
The discussion will consider the growing importance of remote work solutions, worker connectivity, and a robust data infrastructure in the energy sector as it recovers from the latest market crisis. The panel of experts will discuss how smart investments into digital technology can impact operations and improve resilience in a turbulent market.
“Before the market crisis, oil and gas companies were still considering the value of digital technology across their value chain. In a post-coronavirus era, the question is no longer whether or not to invest in digitalisation, but how to digitalise to see the largest return on investment,” said Carla Sertin, editor of Oil & Gas Middle East.
The discussion will be moderated by Carla Sertin, the editor of Oil & Gas Middle East.