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
22 April 2024
Pursuing three different goals as part of the same package may mean achieving none of them
22 April 2024
Beijing’s renewed targeting of NOC management could threaten investment
19 April 2024
Cairo’s currency problems have hindered investment, but Pharos sees considerable potential as Egypt emerges from crisis
18 April 2024
The Norwegian energy company is concentrating its efforts on specific regions and assets that meet strict cost and carbon criteria