Data Collection and Analysis in The Oil And Gas Sector
Strategic data collection and analysis in the oil and gas sector is nothing new. For years, the industry has utilized cutting-edge data collection methods to drive critical business decisions. But today’s market demands more. Indeed, to keep ahead of the pace, and to be a leading player in the sector , oil and gas companies need to embrace the current digital revolution.
There is ample evidence to underscore that the development and implementation of a clear digital strategy is critical for long-term success. Moreover, the digitalization of business and operating models can significantly accelerate a company’s growth, providing the potential to overcome existing competitors and unlock new levels of productivity and profitability.
Webinar presentation on the digital development and implementation for the oil & gas industry featuring Walter Pesenti, Senior Vice President at Nathan Associates. The focus is on lessons learned, next steps, and building the business case for oil & gas organizations to accelerate their success through digital technology.
During the webinar, Walter Pesenti will draw from his long career advising industry clients and present the current market context and business case for embracing digital technology in the oil & gas sector. He will illustrate success factors, challenges, and routes to optimize and incorporate digital technology. He will delve into questions such as: What areas of operations is digital technology impacting the most? What is the typical value realization experienced by the industry? What are the value levers and value generation of digital technology? What are some of the “business questions” about digital asked by business leadership? Pesenti will discuss views and insights on “making digital work,” and explore the different types of behavioral changes required by corporate leaders.
The webinar will take place on Thursday, October 4 at 9:00 am San Diego (11:00 am Houston time; GMT/UTC – 8 hours). Mr. Pesenti’s formal presentation will be followed by a live Q&A session with the audience.
In addition, a white paper featuring Nathan Associates latest research on digitalization and experiences from the oil & gas sectors will be distributed to attendees at the end of the session.
The purpose of this report is to summarize ENRE’s official visit to California in terms of insights and knowledge acquired. The trip included a visit to the three pillars of the electric system in California: The California Independent System Operator (CAISO), the California Energy Commission (CEC) and the California Public Utilities Commission (CPUC). Visit of the Argentine delegation from ENRE to California
A member of OPEC, Ecuador in many ways remains largely a hydrocarbons economy. The South American nation counts proven reserves of 8 billion barrels (BP 2016 estimate) and produces 517,000 barrels per day as of June 2018.
Regarding the power sector, Ecuador is known for having a robust transition system and is part of the Andean countries interconnection system or SINEA in Spanish (Sistema de Interconexión Eléctrica Andina | SINEA). The country’s electric sector is increasingly dominated by hydropower that grew from 49% to an estimated 83% last year. On the other hand, unconventional renewables remain below 2% of the country’s generation. Diversification of the energy matrix is key for countries such as Ecuador due to the seasonal nature of hydropower generation.
Under the Presidency of Lenín Moreno, Ecuador has proclaimed its interest in attracting international investment in all segments of the country’s energy and natural resources sector. Bid rounds in the oil sector are underway as are major efforts to attract a diverse range of investment in the nation’s power and mining sector.
As part of the reorientation of the Moreno´s government for the energy sector, the Ministry of Hydrocarbons, the Ministry of Electricity and Renewable Energy as well as the Ministry of Mining are undergoing a major institutional reorganization that will lead to the establishment of one Ministry of Energy and Non Renewable Natural Resources. The Minister, Mr. Carlos Pérez will lead the Ecuadorian effort in generating a dynamic sector which fosters foreign investments, environmental consciousness and transparency. Taking a pragmatic approach that benefits all stakeholders, this sector is expected to become a driving force in the development of the country, where there will be opportunities for respected partners who want to be part in the new era of energy and resources in Ecuador.
For a webinar presentation with José Antonio Cepeda from Ecuador’s Ministry of Energy and Non Renewable Natural Resources, who currently serves as advisor to the Minister, OPEC National Representative and Member of the IEF Executive Board. He will share insights on the latest policy developments, investment opportunities and sector restructuring underway.
The webinar will be held on Wednesday, September 12 at 9:00am San Diego (11:00 am Quito time; GMT/UTC – 8 hours). Mr. Cepeda’s formal presentation will be followed by a live Q&A session with the audience.
This year, our “Geopolitics of #Energy Workshop” previous to the XXVIII La Jolla Conference. https://t.co/ww0wcFRfMU is hosting participants from #Argentina #Brazil #Colombia #Guyana #Mexico and the #US
Starting the week with our annual “Geopolitics of #Energy Workshop” previous to the XXVIII #LaJolla Conference. The workshop serves as a key element of the Institute’s energy literacy efforts in the #WesternHemisphere region. https://t.co/ww0wcFRfMU
#XCrossBorderConsularDiplomacy Thanks to @SmartBorderCali stakeholders for your support to the @ConsulMexSdi work in benefit of this great binational 🇲🇽🇺🇸 megaregion @SempraEnergy @ConsuladoUSATJ @BorderBuzz @elacosta14 @iamericas A Family Photo!
Gearing up for last @IOA_Energy La Jolla Conference panel prep call - #Mexico panel featuring @neilrobertbrown @AztecDuncan @CNH_MX @agencia_asea Chris Sladen and moderated by William Candelaria @DLA_Piper
Great calls & conversations that will make for lively discussion