Digital transformation trends and activities in the E&P industry

Abstract

In recent years, E&P companies including national oil companies are accelerating its move towards digital transformation for their business that utilize digital technologies such as AI and IoT. E&P companies are under pressures for development and operation cost reductions, and are working on an innovative approach in collaboration with rapidly developing IT companies. In this symposium, we will introduce the current status of digital transformation efforts in the domestic and overseas E&P companies.