Bringing Innovation & Digital Disruption to Oil & Gas Industry
With an extreme imbalance in supply and demand, the Oil & Gas Industry was already in downturns as a result of price wars and supply chain disruptions. Amplifying the impact from the pandemic, additional forces like increased stakeholder demands to reduce emissions, decline in capital investment, growth of renewables, an industrywide need to reduce cost, and shortages of in-house technology skills needed to improve operations, have made the industry look for improved efficiency in a greener mode.
In this Executive Conversation, Mr. Manish Sharma, Business Head, Energy and Resources, TCS explains how digital transformation, automation, and cultural change will work together to solve the industry’s most pressing problems. Mr. Nagaraj Srinivasan, Senior Vice President, Landmark, Halliburton Digital Solutions and Consulting describes the cutting-edge technologies that are transforming the industry, including cloud-based collaboration, digital twins, and AI-directed equipment.