Digital Transformation in Upstream Oil & Gas and Power Sector Workshop

Started on March 24, 2022 2 days

Course Duration: 2 days | Time: 9am to 1pm | Course Locations: VILT

 

Course Description

The workshop is designed to help Oil & Gas and Power Sector professionals raise their digital acumen to help unlock the demand for digital innovation in upstream oil and gas and power operations.
The digitization of the power sector allows for greater transparency into operations, which greatly increases efficiency and reliability while decreasing costs. Consumers will not only see the benefits of digitization through lower monthly utility bills but also reduced outages and faster response times.

By the end of this course, the participants will be able to:
• Appreciate the important issues facing the digitization of the oil and gas and power industry and the strategies to effectively address them
• Gain a clear understanding of the components of digital transformation in the oil and gas and power industries such as data, IoT, cloud computing, AI, Automation, Blockchain, etc
• Learn about the talent issues surrounding digital transformation in the Oil & Gas industries
• Acquire an understanding of confronting industry norms and practices that digital can impact... And much more!

1. DIGITAL DEFINITIONS

  • Digital defined, from the International Energy Agency, Cisco, IBM
  • The growth of data
  • Power of analytics
  • Expanding telecommunications
  • Moore's law
  • Metcalfe's law
  • Market capitalization of digital companies
  • Convergence
  • Framework for digital innovation

2. DATA

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

3. INTERNET OF THINGS

  • Use cases
  • Architectures
  • SCADA and IoT
  • Developments

4. ARTIFICIAL INTELLIGENCE

  • Definitions - AI, ML, deep learning
  • Role of AI in the future

5. AUTOMATION

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

6. CLOUD COMPUTING

  • Types of clouds - private, hybrid
  • Role of cloud computing
  • Impacts of cloud computing on oil and gas business models

7. BLOCKCHAIN

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

8. BUSINESS ISSUES & DIGITAL SOLUTIONS IN OIL & GAS AND POWER VALUE CHAIN

  • The oil and gas industry process model
  • The power sector process & delivery model
  • Upstream - conventional, unconventional, on-shore
  • Midstream - processing, pipelines, transportation
  • Downstream - refining, wholesaling, retail
  • Digital grid friendly power plant
  • smart grid infrastructure integration of variable renewable
  • Smart demand response
  • Capital projects - planning, execution
  • Turnarounds and shutdowns
  • Functions (HR, supply chain, finance)
  • Services - field services and support methods
  • Importance of user experience and design

9. TALENT ISSUES IN DIGITAL

  • Availability of talent
  • Creating trust in digital
  • The leadership of human change
  • Talent attributes of the future
  • Managing change

10. 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
  • Capturing the benefits of assets systems
  • 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 vs waterfall

This course is suitable for mid-career to experienced professional levels in the oil & gas and power sectors.

 

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