Innovation to transform the energy future - How digitalization enables oil and gas operators to transition to a new energy ecosystem
24 August 2018

The oil and gas landscape is changing…

Innovation to transform the energy future is a new Guide from ABB that addresses many of the challenges facing oil and gas operators as they transition to a new energy ecosystem. The world is demanding more energy and consumers are insisting that it be produced and delivered in new ways. As a result, oil and gas operators are rising to address future energy challenges surrounding security, affordability and sustainability. The Guide identifies other key drivers affecting the transition and offers operators advice on how to build their own digital energy strategies.

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Opportunities and Challenges of Digitalisation
21 August 2018

Internet, big data, computational networks, algorithms, and robotics are destined to change the industry. It's high time to embrace change yourself.

  • Are humans making themselves obsolete? - How digitalisation is changing the workplace
  • Destined to Succeed - Digital transformation in the process industry
  • Covestro is setting new standards for digitalisation in the chemical industry
  • Exciting start-up solutions for industry 4.0

Download this paper from T.A. Cook to read more on the impact of digitalisation

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Will the Opec ramp-up help the overly tight market?
16 August 2018

During 2017, the global oil market was in a supply-demand deficit, which was helped by strong global demand growth and supply restraint by OPEC and its allies. This deficit persisted during 2Q 2018, before the decision in June by OPEC and its allies to increase output.

But will this increase in output be enough to balance rising demand and potential supply shocks? In this report, Rystad Energy analyzes the effect of OPEC countries’ production on the global supply, US shale production potential, global oil demand, and other factors impacting global oil market balances.

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EVs & Refining – Friend or Foe?
10 July 2018

A few months ago The World Refining Association asked in a survey to over 20,000 downstream experts how can the refining industry adapt to the increasing demand for electric vehicles (EVs).
Participants answered questions including:
  • How significant could EVs be for oil demand?
  • Does your company have a strategy in place to adapt to the emergence of EVs?
  • How can refineries adapt to the potential impact of EVs?
With additional insights from industry experts from Concawe and MOL Group, the report provides some enlightenment and contributes to the discussion: EVs - friend or foe?

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China's Growing Gas Demand: Key Products and Market Insights
26 June 2018

China is growing increasingly energy-hungry as its population and transport infrastructure expands. China’s demand from oil into natural gas & LNG has outpaced supply for several years, which has resulted in the need to improve the country’s natural gas and LNG infrastructure. Download this whitepaper to learn more about China's state of natural gas and LNG demand.

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Greener Oil Strategies for Sustainability and Profitability
8 June 2018

The global economy wants energy that is clean, green, and affordable. For decades, the oil and gas industry (O&G) has reliably provided energy, especially as transportation fuels. However, this industry is pressured to be greener and safer, emit fewer pollutants, and become more socially responsible.

Many top O&G companies are undertaking new strategies to make their oil “greener”; in addition, investors and financial institutions now use sustainability indexes as a key factor to determine future investment options.

This paper reviews the concepts that the O&G industry can use to increase their sustainability performance with existing strategies and operations to be more profitable in the near and long-term.

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Seeing Into the Future with Prescriptive Analytics
8 June 2018

Discover how to predict equipment breakdowns and perform prescriptive maintenance using a new approach to asset performance management. This whitepaper includes stories of nine companies that have improved asset reliability, including one major oil and gas company that exposed the cause of a compressor failure that plagued its refinery for over a decade – just three days after implementing its prescriptive analytics solution. Download the whitepaper to learn more.

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In a transitioning industry is reference class forecasting enough?
24 May 2018

What will happen if we continue to only use backward looking metrics such as historical databases and reference class forecasting? Are we in danger of missing the opportunities the future holds and potentially destroying value by stripping good opportunities from portfolios?

The oil & gas industry is in transition. As we emerge from the longest oil price depression in memory, coupled with the rapid growth in alternative energy sources, the industry needs more competitive solutions to find its place in the future energy mix.

New technologies and different collaboration models are rapidly evolving, with many predicting major improvements. This whitepaper addresses the question "how do we build the expected improvements into the field development planning process?"

Download the whitepaper to find out how io oil & gas consulting's innovative approaches to development planning can be used to address this.

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