For over a century, oil has been one of the most valuable commodities and helped to create the modern global economy. As companies find new ways to derive value from analyzing the data associated with finding, producing, processing, and marketing this commodity, it too is becoming a key resource and source of competitive advantage. What steps are companies taking to ensure ownership and access to the data generated by their assets, and what new opportunities are emerging from it?
Digital transformation is reshaping the upstream oil and gas industry in multiple ways—creating new rivalries among energy supplies, companies, and industries; altering technology sourcing and development activities; and recasting the nature of work. Startups play a key role in this next phase of industry transformation. This panel will explore how startups are enabling digitalization to reshape the energy future.