The oil and gas industry knows that it needs to step up its digital game, but with a lot of choices to be made, how do you set your digital strategy?
This post was written by Aidan McColl and Magesh Pillay.
European think tanks are forming scenarios on the race to deliver digital energy, or the digitalisation of energy. Here’s some of the evolving thinking, based on a workshop I attended recently with the IEA.
How do European think tanks view the digitalisation of energy? I participated in a workshop organized by one such organisation last week on the likely impacts and timing of digital on the energy sector. Background The IEA (the International Energy Agency) is one of the world’s premier...
Some large oil companies are sending signals that Canada’s oil sands may be heading towards an early exit. Can digital extend the life of oil sands a little longer?
The IEA recently asked me about what I saw as the key blocker and barriers to the digitalization of the oil and gas industry. Here’s my response.
The last several meetings that I’ve had with oil and gas industry executives have ended with a variation of the same question: now that we have reduced our costs to match commodity prices, how do we keep them from rising again?
What should the digital strategy be for today’s oil and gas services companies, exposed and buffeted by unbounded cost and productivity pressures? Not your dad's gameplan, that's for certain.
As your oil and gas organization sets out its digital roadmap, you will have to make some trade offs around your focus of time, resources and areas of investment. Here’s a few of the key trade offs that have been the subject of my recent conversations with industry leaders.