FORBES – Plotting a Path to a Digital Future in Oil & Gas
“When the oil price falls, the sector traditionally turned its attention to improving its operational efficiency and managing risk. However, when prices began to rise the focus moves back to how best to invest in capital projects. Over several cycles that attitude has meant that there has never been a focused effort on addressing the underlying inefficiencies in the way that the upstream sector does business.”
For oil and gas to remain competitive as a source of energy, operators are looking to digitalsation as a strategy to improved efficiencies.
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