Related Articles
Reliance on digital technologies has never been higher
Forward article link
Share PDF with colleagues

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 $

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
North Sea independents aim to reap carbon footprint benefits
3 December 2021
Two of the basin’s larger producers consider ways to cash in on relatively greener production
Southeast Asian NOCs take different paths
3 December 2021
Petronas, PTT and Pertamina are pursuing divergent strategies after coming to dominate the region’s upstream in recent years
Aramco back to petchems drawing board
3 December 2021
The Saudi heavyweight’s international downstream expansion strategy will need another reboot
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video