The road to data maturity
Oil and gas companies have made progress towards optimising their data, but many steps can still be taken
Everything is changing for the energy industry. While the industry ran for decades on the assumption that demand for oil and gas would steadily increase, the global shift from fossil fuels to renewable energy sources is forcing a rethink of everything—from cost structures to business models. The emphasis now is on maximising the value of every molecule and on using data as an engine for growth. Industry leaders are starting to invest in new data capabilities, including AI and cloud infrastructure, to help them gather, analyse and use available information. To date, however, they have captured just a fraction of their data’s potential value. To capture and process this data—and to use insig
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