DIGITAL TRANSFORMATION: OIL AND GAS

Jayant Malhotra, General Manager, and Kumar Aditya, Technical Lead, Schlumberger, India

Jayant Malhotra shared that the oil and gas companies are now using disruptive technologies to increase production while keeping costs low. To meet business challenges of the sector where demand and production volume are not harmonized and cost are rising, there is a need for constant conversations between companies and customers. In his opinion, the factors that would contribute towards a lower cost per barrel are people, technology, risk sharing, knowledge, and experience.

Kumar Aditya provided an overview of Schlumberger’s cognitive environment, known as Delfi, with a video presentation. Delfi leverages digital technologies such as security, analytics, machine learning, high-performance computing, and internet of things to improve operational efficiency and deliver optimized production.