Pivoting to green through AI adoption
Greater digital maturity will be an important factor in the race to cut emissions and shift to lower-carbon energy
Deploying digital tools like AI will be crucial to decarbonising operations in the oil and gas sector and meeting growing ESG demands, according to a panel of experts speaking at a PE Roundtable discussion on sustainability and digitalisation. “If you are able to reduce your carbon footprint by 40pc for one field development, it makes a massive difference,” says Oleg-Serguei Schkoda, an independent adviser on digital transformation and AI in the energy transition. “You do not need to be a Shell or ExxonMobil to start deploying AI or using your data. Data needs to be used to optimise processes and reduce the carbon footprint.” M Ananth Baliga, head of operating management systems at Indian fi
Also in this section
24 January 2025
Domestic companies in Nigeria and other African jurisdictions are buying assets from existing majors they view as more likely to deliver production upside under their stewardship
23 January 2025
The end of transit, though widely anticipated, leaves Europe paying a third more for gas than a year ago and greatly exposed to supply shocks
23 January 2025
The country’s government and E&P companies are leaving no stone unturned in their quest to increase domestic crude output as BP–ONGC tie-up leads the way
22 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised