Major new report on progress in digitalisation

The findings of the first survey of digitalisation in the oil and gas industry will be shared at a free webinar today Tuesday 1 September. Jared Owen, Director of Digital and Entrepreneurship, of ONE Digital & Entrepreneurship will join a panel of key speakers to discuss the report in full followed by an interactive panel session.

The findings of the report reveal there’s a strong appetite to ensure technology is matured to improve the sector’s connectivity, efficiency and sustainability but highlight the need to promote collaborative working if these transformational changes are to become a reality.

Sir Ian Wood, KT GBE, Chair ONE, said:

“The report provides critical insight at a time when businesses of all sizes are having to adapt to major market and customer changes. While the industry is strong in the technical aspects of digital, it lacks the innovation mindset and culture to be decisive in digital transformation in relation to its peers. It is encouraging to see a strong desire for collaboration but it’s still not strong enough and we need to pick up the pace in this area if we are to fast-track progress. It’s imperative that we use the findings to collectively tailor action and catalyse a more digitally focused industry.”

Jared Owen, Director of Digital and Entrepreneurship, Opportunity North East (ONE), said:

“The insights from this report are a reminder that the industry needs to keep changing and adapting to stay relevant to their customers, workforce and potential new talent.

“The industry is at an inflection point, now more than ever it needs to augment domain knowledge with digital skills and engage with the digital sector as an equal partner to tackle industry challenges through a digital lens.

“The digital experience needed is on our doorstep, we have the digital capability in the north east born out of the oil and gas industry. To remain competitive in a mature basin, we need to change the relationship between oil and digital and collaborate on new ways of working.”

Deirdre Michie, OGUK Chief Executive, said:

“This timely report provides industry with an invaluable baseline for developing the strategies we need to realise the huge potential for digitalisation, enabling our industry to become more connected, efficient and sustainable in the process. Digitalisation is as much about culture as technology and the report highlights the importance of businesses working together to share ideas, challenge themselves and combine expertise to deliver the transformational change we need to spur our sector’s recovery and support an accelerated transition to net zero.”

With support from Deloitte, the UKCS Data and Digital Maturity Survey was launched in June 2020 by OGUK, the leading representative body for the UK offshore oil and gas industry, in partnership with the Technology Leadership Board (TLB), the Oil and Gas Technology Centre (OGTC), and Opportunity North East (ONE) to assess the maturity of digitalisation across the sector.

Register to attend the event here https://register.gotowebinar.com/register/8339173782035608335

The report can be accessed here https://oilandgasuk.co.uk/product/ukcs-data-digital-maturity-survey-report-2020/