Technology has rapidly shifted from being the legacy enabler to being a game changer. Oil and Gas companies that respond to the ongoing industry volatility by investing in sustainable transformation capabilities will be tomorrow’s winner.
If this sounds unnerving, it’s because it is, especially for Oil and Gas companies that have already undertaken significant cost reductions in recent years. But along with challenges of implementing digital change, there are also enormous opportunities for substantial cost reductions, better safety, and sustained productivity improvement.