The global upstream oil and gas business has undergone enormous changes over the past decade as the rise of shale, highly volatile oil and gas prices and an accelerating energy transition has transformed the business. How will the upstream landscape change over the next decade? How can the upstream business continue to reduce its emissions to ensure it’s future in the energy transition? Where will future supply growth come from?
Strategic decisions taken today by National Oil Companies (NOC) around the world will have a profound influence on the future of energy supply, affordability, emissions and the fortunes of their governments and investors. Many are already international players, and some are diversifying their activities across renewable energies, or low-carbon fuels. What are the differing goals of these companies today as they adapt to the energy transition? What could drive these companies toward becoming more integrated energy players? How are companies’ views about partnerships and financing changing as they adapt to an evolving energy system?
Upstream will continue to provide energy for decades to come but there is widespread acknowledgement that to do this, it must transform faster. Changing workforce demographics and data real estate growing exponentially offer the chance for disruptive technology–driven change at speed, but what does that incubation powerhouse look like? This panel will explore the potential of generative AI (GenAI)and other technologies underpinned by a the OSDU® Data Platform that liberates data from silos and enables faster development and deployment of disruptive transformation. Why is the OSDU® Data Platform succeeding? How can companies leverage GenAI? Will cross-pollination from other industries really happen? How do executives bake this into their strategy and execute at pace?