In a conversation with Tom Siebel, CEO C3AI at the Baker Hughes Annual Meeting 2021, Yuri Sebregts, EVP technology and chief technology officer at Shell, revealed the positive impact of digital transformation on Shell’s operations
Industry
Halliburton wins contract to provide digital solutions for KOC
Halliburton has been awarded a contract from Kuwait Oil Company (KOC) to collaborate on their digital transformation journey through the maintenance and expansion of digital solutions for their North Kuwait asset
Petrofac secures Petroleum Development Oman contracts
Petrofac has been awarded two contracts, together worth around US$300mn through Petroleum Development Oman (PDO)
CCS and its significance for sustainability
Baker Hughes has committed to reducing its carbon emissions by 50% by 2030 and achieving complete net-zero status by 2050 and, in pursuit of these objectives, engineers from the company have been developing innovative solutions with perhaps the most complex of these centred around subsea technology and carbon capture and storage (CCS)
'Little prospect of post-COVID-19 rebound for BP’s oil and gas investments' - GlobalData
Over the next few years, capital discipline will remain crucial and as the company continues to increase investment in low carbon and convenience, the prospects of a rebound of investment in its core oil and gas business is unlikely, according to Daniel Rogers, senior oil and gas analyst at GlobalData