BITS, BYTES, AND BARRELS DIGITAL TRANSFORMATION IN THE ENERGY INDUSTRY

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Calgary Petroleum Club

319 5 Avenue Southwest

Calgary, AB T2P 0L5

Canada

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Event description
Get a Solid Understanding of Digital Know-How, Practical Information and Useful Insights for Digital Change in the Energy Industry Today

About this Event

What the Session is About

The biggest challenge oil and gas companies face in addressing digital changes in the industry is equipping their people with a common base of understanding of digital. Without a common base of definitions, terminology, and frameworks, organizations run the risk that their digital agenda will be defined by specific vendors which can have unintended consequences. Suppliers of technology, IT professionals, universities and consultants all use variants of their own proprietary approaches to digital that, well-intentioned, can create poor transparency, bias and prejudice. Without a common base, teams drift into silos, management blocks innovation and Boards cannot execute their oversight role.

Leveraging the book, ‘Bits, Bytes, and Barrels: The Digital Transformation of Oil and Gas’, this course is a one-day digital awareness training program specific to the oil and gas industry. Suitable for Boards, management, and digital delivery teams, this course addresses a broad range of the oil and gas industry and the nature of digital innovations that are most important. The course includes key management topics like the nature of digital impacts and timing, risks that must be managed, the business case for change, the role of new methods like agile in driving success, organizing a digital team, the impacts on people, and how to set roadmaps.

The course is highly interactive, with plenty of team work, collaboration and quizzes. Participants are actively engaged using techniques like world cafe and rice storm, and the curriculum incorporates mini lectures, round tables, larger group discussions, individual and team work, worksheet completion, and short presentations.

Former partner with one of the Big 4 consulting firms, I have over 30 years of experience advising the oil and gas, energy and technology companies to help create lasting value. My clients include very large integrated oil companies, downstream petroleum refiners and marketers, pipeline companies, fracking services, drilling and completions services, logistics, LNG projects, and many more. Most of my work over 3 decades has been at the intersection of a business problem and a technology solution, and since 2013, the impacts of digital technologies and the oil and gas industry.

Throughout my career, I have conducted, led or advised hundreds of project and management teams who were driving change in their companies, and am widely versed in the issues facing oil and gas. My work has included projects around the world in Canada, the US, Australia, Hong Kong, Japan, China, Korea, and the Caribbean. Digital innovation is now a global phenomenon, and is impacting many of the most intractable problems and challenges facing the sector.

Specific areas of depth include:

  • Oil and gas business strategy
  • Digital strategy for oil, gas, LNG, services and technologies
  • Business case development for digital transformation programs
  • Blockchain and its application in heavy asset industries

I teach regularly at the MBA level on energy issues, and am widely sought after as a public speaker and commentator on issues facing the industry. My events page provides an indication of the many speaking engagements, panel discussions and key note addresses that I have delivered in the recent past. I publish the #1 ranked website and podcast on digital oil and gas, and I am routinely described as a thought leader on digital topics facing the industry.

Bits, Bytes, and Barrels: The Digital Transformation of Oil and Gas

Tops in its categories on Amazon is my book, ‘Bits, Bytes, and Barrels’. Two years in the writing, this embracing work addresses how digital innovation will impact the oil and gas sector.

Why Digital Oil and Gas is Critical Digital Innovations are expected to impact the oil and gas along Four-Vectors:

  1. Growing Supplies Digital innovations applied to resource evaluations and reserves analysis are expected to grow global reserves by 5% or 500b boe, worth $22 trillion
  2. Lowering Costs Digital innovations will reduce costs by 20% across the entire supply chain.
  3. Raising Productivity Digital innovations will improve productivity of assets by 20%.
  4. Altering Demand Digital innovations may erode demand for transportation fuels by 50% by 2040.

Who is this Session Designed for?

This one-day session is designed to help oil and gas industry professionals raise their digital acumen to help unlock the demand for digital innovation.

  • Oil and gas companies, particularly integrated companies
  • Companies in the upstream, midstream, and downstream
  • Field services companies that provide services to the industry
  • Managers and supervisors seeking a better understanding of digital effects
  • Teams of workers tasked with addressing digital innovations
  • Consultants to the industry
  • Other suppliers to the industry (telecoms, software companies, digital solutions providers) who want an understanding of industry issues
  • Regulators, policy makers

DETAILED SESSION INFORMATION

Digital Definitions International Energy Agency, Cisco, IBM The growth of dataPower of analytics Expanding telecommunications Moore’s law Metcalfe’s law Market capitalization of digital companies Framework for digital innovation

Data Importance of data to digital Data types Oil and gas issues with data

Internet of Things Use cases Architectures SCADA and IoT Developments

Artificial Intelligence Definitions – AI, ML, deep learning Role of AI in the future Use cases in oil and gas – maintenance, field operations, optimization

Automation Robots in the field and office Use cases – submersible, inspections, surveillance, data collection 3D printing and impacts on oil and gas

Cloud Computing Types of clouds – private, hybrid Role of cloud computing Impacts of cloud computing on oil and gas business models

Blockchain Definitions, examples ATOMIC – asset, trust, ownership, money, identity, contract Role of blockchain in oil and gas Use cases – VAKT, tracking, carbon

Business Issues and Digital Solutions in the Oil and Gas Value Chain The Oil and Gas Industry Process Model Upstream – conventional, unconventional, on-shore, off-shore Midstream – processing, pipelines, transportation Downstream – refining, wholesaling, retail Capital projects – planning, execution Turnarounds and shutdowns Functions (HR, supply chain, finance)Services – field services and support

Management Issues in Digital IT, OT and digital team design Risks to be managed – cyber, security, data, policy, technology The Risk Matrix for Digital Management of change process and implementing digital change Agile versus waterfall methods Importance of user experience and design

Talent Issues in Digital Availability of talent Creating trust in digital Leadership of human change Talent attributes of the future

Digital Strategy Setting a north star heading for digital innovation Confronting industry norms and practices that digital can impact The Strategy Cascade by Roger Martin Examples of digitally driven strategy – Rio Tinto Determining the business case for digital

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Date and Time

Location

Calgary Petroleum Club

319 5 Avenue Southwest

Calgary, AB T2P 0L5

Canada

View Map

Refund Policy

No Refunds

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