FutureOn signs digital twin partnership deal, secures £3.3m investment
Energy software firm FutureOn is hoping the formation of a new strategic partnership will allow it to maintain “streamlined and effective” operations.
digital
New initiative to change ‘mindset’ around digital transformation in energy sector
The developers of a new initiative aimed at speeding up the level of innovation in the energy sector are also hopeful it will alter attitudes towards digitalisation.
‘Highly sceptical’ North Sea workforce yet to see benefits of digital transformation, OGUK finds
Most of the North Sea workforce is “yet to see” a positive impact from the digital transformation and remain “highly sceptical”, according a major new report.
VIDEO: Neptune Energy gives ‘digital walkthrough’ of Cygnus platform
Neptune Energy has released a video of a “digital walkthrough” of its Cygnus installation as part of a new partnership with technology specialist Eserv.
Oil firms urged to reach for those digital heights
Oil firms must seize the opportunity presented by the Covid-19 pandemic to grasp the nettle and embrace digital technology and data analysis, industry experts have said.
It’s an oil and gas digital revolution: So, who wants an iPod?
Through all the buzzwords and jargon, we all recognise the value that the widespread adoption and effective application of digital technology will have in the upstream oil and gas sector.
The digital oil refinery: From processing crude to processing data
How refiners are using digital technologies to become more profitable
Cybersecurity now top focus of upstream digital investments, Accenture says
Cybersecurity has emerged as the top focus of upstream oil and gas companies’ digital investments, according to a new report from Accenture (NYSE: ACN).
OGA data expert to speak at EV digital technology event
A key figure driving the Oil and Gas Authority’s (OGA’s) digital strategy will take part in Energy Voice’s digital technology event in Aberdeen later this month.
From Data to Value: EV reveals expert panel for digital event
Global powerhouses from the energy and IT sectors will assemble in Aberdeen this month to reveal how the oil and gas industry can cash in on digital tools and data.
Appetite for Disruption: Design-led innovation as gamechanger for Scotland’s digital economy
We live in an age of disruption. Our daily lives are being transformed through the application of robotics, artificial intelligence, nanotechnology, 3D printing and the internet of things.
A digital reality for oil and gas
Good data analysis can have a direct impact on operational efficiencies and the potential reduction in operating costs as well as improved production and hydrocarbon recovery.
Organisations join forces to drive digital revolution in north-east
A new business accelerator is being launched this week to help drive a digital revolution in the north-east economy.
Five problems that data intelligence can solve in the oil and gas sector
Bad Data
New online tool to save North Sea industry £250m a year
A new initiative will save the UK oil and gas industry up to £250 million a year by streamlining the equipment procurement process.
Challenges of scaling a digital company
As the CEO of a digital technology business, I frequently get asked what advice I would give to those looking to scale a digital business.
‘Significant obstacles’ identified in bringing digital tech to oil and gas
“Significant obstacles” remain in overcoming "silo mentalities" and bringing digital technologies to oil and gas, according to a new report from EY.
OPINION: Making tax digital
Harnessing the power of digital for business growth needs to be adopted across the whole of your business in order to grow. That holistic approach needs to start somewhere; could that starting point be your tax function?
Opinion: Lack of digital investment risks failure to compete
Digital is disrupting many industries, and the upstream oil and gas industry is no exception.
ITF event to lift lid on digital tech benefits to offshore industry
The role of digital technologies in improving production efficiency offshore will be explored at an event organised by the Industry Technology Facilitator (ITF) later this month.
UK urged to capitalise on ‘fourth industrial revolution’
Around 175,000 manufacturing jobs could be created over the next decade under a "fourth industrial revolution" using advanced digital technology, a new report suggests.
Video: The four areas digital will transform
In a recent World Economic Forum report, Accenture estimated that the digital transformation in the oil and gas industry could unlock approximately $1.6 trillion of value for the industry and wider society over the next 10 years. Watch the video to discover the primary areas where digital trends merge to drive the most value.
DNV CEO: Digital dispels competitive reluctance
Oil and gas companies are putting their competitiveness to one side and are overcoming a reluctance to share data, an industry chief has said.
R2S: Downturn spurs digital disruption
I have very much enjoyed a series of stories and quotes used in presentations and discussions in recent months, delivered to an audience today, for which there is as much relevance as when they were first written in the early 1970s.
Do digital technologies hold the key to a profitable North Sea future?
Attend any industry conference and signs that the wider oil, gas and chemicals industries are starting to embrace digitalisation will soon become apparent. The audience is moving from predominantly information technology (IT) personnel interested in the bits and bytes of data, to that of production engineers or management keen to know exactly and practically how digital can save the day.