Challenges faced by the oil and gas industry
The oil and gas industry is currently facing the issue of having to transform its operating models, and reinvent its business processes through the implementation of digital technology. As an industry, it also plays a vital role in helping reduce the carbon footprint of the value chain.
Particularly within the context of the various social, economic and environmental changes that we have seen pick up pace in recent years, companies must, now more than ever, take steps to minimise their carbon emissions. This, of course, should be based on a business vision which allows assets to be managed efficiently and the supply chain optimised, the ultimate goal being to make the cost structure as efficient as possible.