Resources

Is your Digital Twin truly collaborative?
7 October 2020

When it comes to modernizing Capital Project delivery do you know your options?
Digital Twin technology is at the heart of every modern plant and processing asset. Read our whitepaper to discover how cloud technology is accelerating operators’ and EPCs' digital transformation.

Engineering in the Cloud
10 September 2020

Change is the new normal for Capital Projects

Capital Projects have earned a notorious reputation for being over budget and overschedule. Far-reaching reforms are underway, however, as Owner-Operators and EPCs turn to a powerful combination of cloud-based technology and new working processes to achieve transformational, data-driven improvements in Capital Project delivery.

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Accelerating digital transformation in oil and gas
20 October 2020
Digitalisation has the power to reshape business strategies across the oil and gas sector. New technologies help drive down costs, improve efficiencies and offer fresh opportunities for value creation. This year, the Covid-19 pandemic has only underlined the importance of digital solutions, with traditional office work upended and employees collaborating virtually across the world. At Petroleum Economist, in association with Publicis Sapient, we spoke with industry leaders to find out their views on the forces driving the transformation. The report that follows expands upon these findings, examining the key motivating factors for adopting new technologies, the hurdles holding firms back and the appetite for greater change, among many other themes.
Energy Transition Review
5 May 2020
The energy transition will be a multi-faceted process with each contributing energy source offering enormous potential but often bringing new challenges. The oil and gas sector is rapidly improving efficiency and reducing its carbon footprint, but can this be done around the world at reasonable cost? The boom in renewables continues apace, across ever more markets around the world, but requires peak demand support and smart grid management. And green hydrogen potentially offers a carbon-neutral high energy density fuel, but can it be cost competitive at scale? In this report, industry experts identify problems and present potential solutions.
Private Equity's Upstream journey
31 March 2020
Private equity interest in the E&P industry soared in the wake of the 2014 oil price crash. However, renewed appetite for upstream assets was not only predicated on exploiting commodity cycles. Private equity spotted an opportunity when patchy performance and escalating ESG concerns meant publicly listed investors turned their back on mature basins. While it was hype around the shale revolution that first attracted attention, an alternative strategy quickly emerged. In this report, we follow private equity’s upstream journey and consider whether this latest round of E&P investment will ultimately deliver on its promise.
PE Live: Is Covid-19 accelerating the digital business transformation of oil & gas?
2 October 2020

Digital technologies are rapidly transforming every aspect of oil and gas value chains. New tools are being leveraged to help drive down costs, improve efficiencies and disrupt legacy business models and strategies. Covid-19 and volatile market conditions have only accelerated the importance of laying down the digital groundwork for future value creation.

Petroleum Economist, in association with Publicis Sapient, will host a PE Live webcast to explore the outcomes of our extensive survey of industry leaders. You can download a summary of the results HERE. ​​Respondents identified the technologies that they believe have the greatest impact and the main barriers to further adoption, among many other themes.

This webinar will unpick the central findings of the survey and use them as a springboard to a wider conversation surrounding digitalisation in oil and gas. The expert panel will discuss the impact of Covid-19 on the appetite for digitalisation, the importance of digital investment amid volatile oil and gas market, greatest ROI opportunities in midstream and downstream sectors, barriers and risks to digital transformation project, case studies of successful implementation

Taking place on 21 October - register today!

A Day in the Life of a Digital Twin connected worker
20 August 2020

Digital Twin is no longer a buzzword in the industrial world, but something every modern player is implementing to modernize both their capital project and operational asset strategies. But what the industry hasn’t aligned on is this: What is a true digital twin, and how can it be utilized to extract value across the asset lifecycle?
 
Steve Parvin, Information Management Segment Lead at AVEVA, walks through the day in the life of different workers. 

The webcast was recorded on Wednesday, September 23, 2020

Part 2: Creating a Sustainable Hydrogen Supply Chain
13 July 2020

Production of low or zero-carbon hydrogen on an industrial scale needs to be built in tandem with the emerging sources of demand across the economy. The ultimate goal is to be able to create hydrogen on a cost-competitive basis with grey hydrogen, which uses a carbon-intensive methane steam reforming process and currently dominates industrial supply, as well as conventional fuels/sources for power generation. 

The panel will discuss the viability of different sources of hydrogen supply, energy storage solutions and renewable power generation, including from wind farms. It will consider recent technological developments and remaining challenges, as well as the economic and legal foundations necessary to facilitate its widespread adoption.

World Gas Map, 2020 edition
13 January 2020

Gives you a comprehensive overview of the global natural gas industry, showing the location of all major gasfields; pipelines; LNG plants and terminals; and GTL projects.

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Interactive World Gas Map, 2020 edition
11 December 2019

The Interactive World Gas Map is a source of information and data relating to the global gas industry. The platform serves as a single reference source for all gas projects across the globe and allows users to interrogate project information, export and manipulate data, produce production quality bespoke maps, and create custom reports. 

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Waves of Change: Charting the Energy Future
28 November 2019

For nearly forty years, CERAWeek has provided an integrated framework for understanding what’s ahead for global energy markets, geopolitics, and technology. Some of the greatest minds from across the energy spectrum gather to share insight on the nature and pace of change shaping the future of the energy realm. Over 5,500 delegates from more than 85 countries participated in CERAWeek 2019.

This year’s theme: Waves of Change: Charting the Energy Future has special resonance in the oil and gas industries as we experience an unprecedented transformation of the global energy system. Strategic confrontations and trade wars; energy demands in a world of slower growth; disruptive technologies, digitalization, clean tech and new energy pathways; globalization of natural gas and the new wave of LNG; inter-fuel competitions; and climate concerns are forcing decisions and policy change. How will you navigate these changes?

Gain insights, engage with industry experts and peers at the world’s premier energy conference 9-13 March 2020 in Houston. Find a diversity of perspective and experiences at CERAWeek 2020.

 

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Insights into the Energy Future™
8 November 2018

Fluctuating oil and gas prices, a fractious geopolitical situation, and disruptive new technologies are all creating uncertainty in the energy sector. Gain an integrated global perspective on the energy future by joining top thought leaders as they discuss strategies, challenges and policies impacting the industry.

CERAWeek by IHS Markit offers a unique opportunity to engage with fellow executives, policymakers, and global influencers committed to addressing the critical issues that will shape the energy future in coming months and for years to come.

More than just a conference, CERAWeek is a community of thought leaders fostering senior-level collaboration and dialogue across the energy spectrum. Relationships formed at CERAWeek have enduring value and impact. Discuss. Learn. Network.

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Petroleum Economist glossary

The Petroleum Economist glossary is a comprehensive tool built to enable readers to better understand oil and gas markets.