Explore the digitalization in oil and gas sector with our theme analysis. Uncover the technological innovations, data-driven strategies, and market trends reshaping exploration, production, and distribution. Stay at the forefront of the energy evolution as we dissect key themes driving efficiency, sustainability, and resilience in the dynamic era of digitalization in oil and gas.
Major Digitalization Trends
The key trends that will shape the digitalization theme in the coming months can be divided into two categories: industry trends and technology trends.
Industry trends
The main industry trends that will impact the digitalization theme are supporting decarbonization efforts, securing critical data, evolving supply chains, and health, safety, and the environment (HS&E).
The oil and gas industry is a prime contributor to greenhouse gas emissions. Practices such as gas flaring significantly contribute to the carbon emissions generated by the industry. To address these concerns, the industry has announced several steps, such as eliminating flaring and installing carbon capture technologies. Digital technologies such as AI, big data, IoT, and cloud computing are helping the industry monitor and mitigate carbon emissions.
Technology trends
The main technology trends that will impact the digitalization theme are predictive maintenance, asset management, wearable tech, digital twins, robotics, and 3D printing.
