Reliance on digital technologies has never been higher
Latin America pivots to digital
The pandemic has showcased the importance of reaching digital maturity, and state oil companies are taking notice
NOCs have some clear advantages when introducing sweeping change, particularly when it comes to digitalisation. Their sheer size and regional significance—not to mention heftier budgets—mean innovative new ideas and technologies can be tested and, if unsuccessful, fail fast. Over the past year, reliance on digital technologies has never been higher. Virtual working has fast-tracked some of these processes and resulted in many operators increasing digitalisation budgets. In Latin America, NOCs were eyeing technology change even before the pandemic emerged, but several have accelerated their commitments. Brazilian state oil company Petrobras quickly recognised the shifting sands, budgeting $1.
Also in this section
6 February 2026
The long close relationship between key supplier Qatar and pivotal buyer Japan becomes even deeper following new landmark deal
6 February 2026
Partnerships across the LNG value chain have evolved over time, growing in both complexity and importance, according to panellists at LNG2026
6 February 2026
Nigeria's mega-refinery is still trying to solve many challenges, all while its owner talks up expansion
5 February 2026
While broadly supportive of EU efforts to tackle methane emissions, representatives of the gas industry warn it could deter supply contracting if timelines and compliance requirements are not made more pragmatic
