Saudi Aramco has bought a 7.4% stake in Norway’s Cognite, a software company.
My definition of digitalisation is using digital tools to improve business processes.
The world is changing. Oil and gas companies have been given a deadline to transform. The energy industry is under increasing pressure to make operations cleaner, more efficient and less wasteful.
Data offers the oil and gas industry a chance to carry out operations in a better and more efficient fashion – but to get there it must be made available.
If the energy industry is serious about reaching net zero, companies must do a better job of communicating with staff as well as tracking emissions as they occur.
Carolina Torres, former digital transformation lead for BP, and Cognite’s new senior director of energy industry transformation, believes unfettered access to trustworthy, contextualized, and relevant data is the key to effective and sustainable transformation.
Saudi Aramco has signed a strategic alliance with SAP, following a number of digital deals signed recently.
The coronavirus crisis had a devastating effect on oil-company revenues, but it’s posed a tough human-resources problem too: how to keep workers safe on cramped rigs at sea where social-distancing is impossible.
Aker Solutions has entered into a collaboration with software company Cognite for use of digital technology to make offshore assets more efficient.