How digitisation will help THE OIL AND GAS INDUSTRY
Gulf Business|July 2020
Deploying technological tools will help regional oil and gas operators improve worker health and safety and innovate to find new solutions
How digitisation will help THE OIL AND GAS INDUSTRY

The Covid-19 pandemic has served as a sharp reminder to various industries in the Middle East of the benefits of having a strong digital transformation strategy to ensure business continuity. This is especially the case for the oil and gas sector, which remains a pillar of many national economies in the region. As a result of both Covid-19 and a subsequent drop in oil prices, the existing sector challenges of price volatility, operational costs, workforce shortages, safety, and environmental pressures have increased.

There have been regional energy companies — particularly those in the oil and gas arena — who have been embracing digitisation in recent years. Their transformation is commendable, and a testament to how technology can help preserve business success. According to one whitepaper released by the World Economic Forum, digital transformation could unlock more than $1.6 trillion in new value for the global oil and gas industry between 2017 - 2027.

この記事は Gulf Business の July 2020 版に掲載されています。

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この記事は Gulf Business の July 2020 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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