Enabling transition for Oil & Gas Organizations

Companies across all Oil and Gas sectors are facing many challenges and pressures to reduce operating costs, improve plant availability....

The science is clear.

Greenhouse gas reduction. Carbon footprint. Global warming.

Net zero – or decarbonization – is front-page news, and the oil and gas industry needs to aggressively curb carbon dioxide and methane emissions across the entire value chain, upstream, midstream, and downstream.

This paper proposes introducing waste trading into the conventional carbon trading mechanism and promotes that industries shift from a linear to a circular model. Know the importance of Circular economy and net zero.

In a data-driven world, enterprises need to manage their data better, enable smarter decisions, and align all their systems toward an efficient and effective model.

Sand production is a worldwide phenomenon, a process that inhibits the production volumes and rates of wells across the globe and has significant limiting impact on the field development planning exercise.

The pace of digital change is staggering across the energy value chain. With fast-paced adoption of emerging technologies such as AI / ML, Cloud Native, and Distributor Ledger Technology, to name some of the key enablers of digital transformation, energy cos CIOs and CDOs have to take critical decisions on sourcing that can either help them gain or lose the edge over their competition. It is also a major lever at the CIO’s disposal to survive, sustain, and future-proof the business from disruption.

Technology is playing a key role in shaping the future of the oil and gas industry; examples include applied artificial intelligence, big data, intelligent man-machine interfaces, reduced human interferences, enhanced user experiences, prescriptive analytics, virtual realities, and the adoption of drones.

There is no value in retaining data that is not utilized. One aspect of releasing the value is to normalise files which entails bringing them up to current technology standards.

The energy industry is undergoing a tectonic shift as the world is focusing on increased use of renewables, and de-carbonization of the economy, by shifting the energy supply chain from molecules to electrons.

Control of Work is a diverse and complex process with rigorous control measures.

Cloud, offering companies a foundation for flexibility in a rapidly evolving industry environment. It is the LEGO base for the upstream oil and gas industry—the platform upon which companies can extract amazing value from their businesses and then quickly transform as the world changes.

Organizations utilize many systems to store, access and retrieve information. To do this, end users shall search these systems by utilizing system attributes which are populated with critical metadata (e.g., document origin, classification.)

Many global organizations are taking a fit-for-purpose approach to maintaining information and data.

The importance of accurate and accessible metadata should not be undervalued. Accessible metadata attribution provides end users with confidence that the origin, history, and integrity of each attribute comes from a reliable source

Organizations create, receive and share significant quantities of files and data during any given project, operation or exploratory activity. Unfortunately, the quality of each file received can vary, with quality issues usually arising when the file originator is no longer under contractual obligation to the organization.

Over the next decade, breakthroughs in AI, Robotics, IOT and Blockchain are poised to create some of the most transformative and dramatic impact in our industry.

Copious amounts of files and data can be generated during Pre-FEED (Front Ending Engineering Design) activities. During Pre-FEED, organizations focus on technical requirements, estimated costs, and potential risk evaluations for a proposed project

Industries have changed vastly with mergers and acquisitions becoming the norm, ranging from asset/facility acquisitions to company mergers.

Organizations today manage copious amounts of files and data that are generated during the lifecycle of Major Capital Projects (MCP).

Organizations need to identify who will manage and execute the MCP migration to operations by determining if the internal manpower can be leveraged without impacting critical MCP daily activities.

A path forward for upstream oil and gas businesses with a passion for reinvention

Data interrogation, deduplication, and optical character recognition is the starting point to enabling identification of metadata.

A key area of focus is on driving new growth by tapping critical legacy data from older assets.

Oil and gas companies are realizing that there is valuable information hidden in their unstructured data assets

The oil & gas business landscape across the globe consists of a sizeable number of businesses in the small to medium enterprise (SME) sector.

Oil and gas fields are often present in deserts, dense forests, shallow and deep-water locations. Issues related to logistics and supply chain pose a great challenge in the management of operations at such locations.

Unlike conventional computers, artificial intelligence is not programmed. On the one hand, like humans, AI learns from information. Yet on the other, it learns far faster than humanly possible. Machine learning (ML) enables AI to make a correlation between a pattern and an outcome, formulate a hypothesis, take action and then integrate that feedback into its next hypothesis. AI continuously learns, with the goal of predicting future outcomes and events with greater accuracy.

An omni channel approach is becoming an unavoidable imperative for petroleum retailers to enhance their flexibility and scalability of operation, provide superior value proposition with respect to competitors and edge ahead on newer avenues for growth.

IT / OT Convergence is a driving industry trend that bridges IT and OT data and platforms in near real-time enabling visibility and business process reinvention across the enterprise

The need for Energy Trading and Risk Management (ETRM) applications has seen immense growth throughout the IT boom. Today, ETRM applications are robust enough to manage front through back office processing, plus physical commodity scheduling and derivatives trading.

Using tactical workforce intelligence to optimize talent and set the cornerstone to manage workforce competency risks.

Energy and Utility companies rely on their ETRM applications 24x7. With changes in the business, competitive and regulatory environments, ETRM application users have begun to demand, on average, three to six monthly enhancements.

Petroleum retail, a.k.a Consumer mobility, is in a highly transformative phase as organizations focus more on the end consumer needs and are working to deliver a higher level....

There is a need for fuel retailers to be aggressive and early adopters of new technologies and digital transformation in stores and forecourts to ensure service delivery excellence.

Using Fiber optics, O&G operators can access and visualize real time data from offshore wells in a safe and cost effective manner

Next generation energy trading with blockchain managing complexities and efficiencies

In the oil & gas industry, digital offers the potential to reimagine decades-old business processes

Digital disruptions are driving oil companies to redesign their operations and rethink the future of their business

connecting the unconnected aspects of Refining leveraging robust platform of Industrial Internet of Things

Oil and gas fields are often present in deserts, dense forests, shallow and deep-water locations. Issues related to logistics and supply chain pose a great challenge in the management of operations at such locations.

The future of field surveillance in oil and gas

With a very few exceptions, commercially viable hydrocarbon systems are thousands of feet removed from direct observation.

The oil and gas retail industry is rife with competition. From ultra-personalized promotions, dynamic pricing, omni-channel ecommerce, customer loyalty programs, the industry is constantly identifying new ways to bring value to the end consumer.

The concept of trading has had quite a transformation with time. Even as trading in the broader sense means buying and selling of commodities

The oil & gas business landscape across the globe consists of a sizeable number of businesses in the small to medium enterprise (SME) sector.

Industries have changed vastly with mergers and acquisitions becoming the norm, ranging from asset/facility acquisitions to company mergers.

A path forward for upstream oil and gas businesses with a passion for reinvention

Organizations today manage copious amounts of files and data that are generated during the lifecycle of Major Capital Projects (MCP).

Organizations need to identify who will manage and execute the MCP migration to operations by determining if the internal manpower can be leveraged without impacting critical MCP daily activities.

Copious amounts of files and data can be generated during Pre-FEED (Front Ending Engineering Design) activities. During Pre-FEED, organizations focus on technical requirements, estimated costs, and potential risk evaluations for a proposed project

Organizations create, receive and share significant quantities of files and data during any given project, operation or exploratory activity. Unfortunately, the quality of each file received can vary, with quality issues usually arising when the file originator is no longer under contractual obligation to the organization.

There is no value in retaining data that is not utilized. One aspect of releasing the value is to normalise files which entails bringing them up to current technology standards.

Many global organizations are taking a fit-for-purpose approach to maintaining information and data.

The importance of accurate and accessible metadata should not be undervalued. Accessible metadata attribution provides end users with confidence that the origin, history, and integrity of each attribute comes from a reliable source

Organizations utilize many systems to store, access and retrieve information. To do this, end users shall search these systems by utilizing system attributes which are populated with critical metadata (e.g., document origin, classification.)

Cloud, offering companies a foundation for flexibility in a rapidly evolving industry environment. It is the LEGO base for the upstream oil and gas industry—the platform upon which companies can extract amazing value from their businesses and then quickly transform as the world changes.

Control of Work is a diverse and complex process with rigorous control measures.

Sand production is a worldwide phenomenon, a process that inhibits the production volumes and rates of wells across the globe and has significant limiting impact on the field development planning exercise.

The energy industry is undergoing a tectonic shift as the world is focusing on increased use of renewables, and de-carbonization of the economy, by shifting the energy supply chain from molecules to electrons.

Currently, most Fast Lubes services companies are not optimally positioned to leverage the new-age business model due to current landscape limitations with IT agility, non-integrated franchisees, and a lack of unified 360-degree view of the high cost of operations.

The pace of digital change is staggering across the energy value chain. With fast-paced adoption of emerging technologies such as AI / ML, Cloud Native, and Distributor Ledger Technology, to name some of the key enablers of digital transformation, energy cos CIOs and CDOs have to take critical decisions on sourcing that can either help them gain or lose the edge over their competition. It is also a major lever at the CIO’s disposal to survive, sustain, and future-proof the business from disruption.

Technology is playing a key role in shaping the future of the oil and gas industry; examples include applied artificial intelligence, big data, intelligent man-machine interfaces, reduced human interferences, enhanced user experiences, prescriptive analytics, virtual realities, and the adoption of drones.

The oil, gas, and petrochemical industries are characterized by unstable market conditions with increased regulatory requirements, significantly higher pressures on margins and profitability with commoditized pricing.

In a data-driven world, enterprises need to manage their data better, enable smarter decisions, and align all their systems toward an efficient and effective model.

This paper proposes introducing waste trading into the conventional carbon trading mechanism and promotes that industries shift from a linear to a circular model. Know the importance of Circular economy and net zero.

The Dire Need for Collaboration to Further Business Gains

Greenhouse gas reduction. Carbon footprint. Global warming.

The science is clear.

Enabling transition for Oil & Gas Organizations

The oil and gas refining industry is in the midst of unprecedented change. Demand for green energy is rising. Curbs on carbon emissions are proliferating. Crude oil prices remain volatile. These elements

As the transport sector moves toward a greener future, electric vehicles (EVs) will play a crucial role in this energy transition.

How many of us spend hours of our day performing manual tasks, knowing that our time would be better spent elsewhere?