Digitalisation – The Next Frontier for the Offshore Industry
- Martijn Dekker (Shell) | Anosh Thakkar (Shell)
- Document ID
- Offshore Technology Conference
- Offshore Technology Conference, 30 April - 3 May, Houston, Texas, USA
- Publication Date
- Document Type
- Conference Paper
- 2018. Offshore Technology Conference
- 6.3 Safety
- technology, innovation, offshore, digitalization
- 28 in the last 30 days
- 948 since 2007
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The offshore industry has always been at the vanguard of technical innovation and this is not about to change. The next wave of technology will not come, however, from new ways to bend the physical world to our will with steel and human power but from bits and bytes through digitalisation.
Digitalisation is not new to our industry. Now the technology is cheaper and faster and the amount of data and level of connectivity are increasing exponentially, the application of digital technologies can deliver at an affordable cost. The energy industry is emerging from a lower-price environment in better shape and with more resilience and an increased focus on capital efficiency, cost performance and safety. The industry is also ready for a digital transformation that offers a big, if not the biggest yet, opportunity to improve efficiency in our existing operations even further.
This transformative potential has been recognized for some years. What has been missing is a comprehensive approach for applying digital technologies successfully at scale in the oil and gas industry. This reflects one of the significant differences with previous waves of innovation: most of the benefit for existing businesses will come from replication and rapid improvement cycles of across many assets and projects. In addition, digitalisation also opens up the opportunity for new business models that could change the entire industry structure.
This paper explores an approach to digitalisation that draws on successful use cases that have already realized significant value in Shell's operations. It identifies the underlying principles of the digitalisation strategy, including data strategy, approach to insourcing versus outsourcing and methodology of scaling up. The required success factors that underpin digitalisation are also explored: capability building for both people and IT/data systems; how to organize the digital deployment; and the required leadership, culture and way of working attributes. Practical examples and insights from Shell's digitalisation journey will be provided.
|File Size||1 MB||Number of Pages||11|