Applying digital tools into operations can have a powerful effect on boosting efficiencies and portfolio carbon footprint
Pivoting to green through AI adoption
Greater digital maturity will be an important factor in the race to cut emissions and shift to lower-carbon energy
Deploying digital tools like AI will be crucial to decarbonising operations in the oil and gas sector and meeting growing ESG demands, according to a panel of experts speaking at a PE Roundtable discussion on sustainability and digitalisation. “If you are able to reduce your carbon footprint by 40pc for one field development, it makes a massive difference,” says Oleg-Serguei Schkoda, an independent adviser on digital transformation and AI in the energy transition. “You do not need to be a Shell or ExxonMobil to start deploying AI or using your data. Data needs to be used to optimise processes and reduce the carbon footprint.” M Ananth Baliga, head of operating management systems at Indian fi
Also in this section
10 December 2024
Sector at economic and strategic crossroads, but clear path ahead for midstream additions
30 November 2024
Decades of turmoil have left Iraq’s vast energy potential underutilised, but renewed investment and strategic reforms are transforming it into a key player in the region
29 November 2024
The country's fifth and sixth oil and gas bid rounds have attracted a range of new players with gas as well as oil ambitions—and there’s a seismic shift in the contracting process
28 November 2024
Iraq is charting a new path for its indigenous resources and its youth, hoping to electrify the future with a mix of reforms and modernisation to fuel growth
