OIL AND GAS TECHNOLOGY SUMMIT - SAUDI ARABIA

The opportunities from digital technologies are becoming increasingly apparent and have the potential to unlock new values in Oil and Gas sector. More and more companies are looking hard at deployment of artificial intelligence, analytics, robotics and blockchain to increase efficiency, productivity, reliability and predictability of operations. However, implementation at scale can be complex in the capital-intensive oil, gas and chemicals environment where the challenges of legacy equipment and the large number of suppliers should be addressed. Technological innovations, advancements in enhanced oil recovery methods and infrastructural upgrades are increasingly making it possible to enable the oil and gas producing countries to meet increasing consumption, growing demand and production levels.