Oil and gas industry’s one of the biggest conference, ADIPEC is just around the corner. Industry professionals from all around the world will come together to discuss emerging technologies, business outlook and the future of the oil and gas industry. The theme of the ADIPEC this year is Oil and Gas 4.0. This itself is an indication that the industry is transcending towards the next big revolution.
When looked at, Oil and Gas 4.0 covers a large spectrum of budding technologies and emerging trends that will transform the industry. The importance of digitization, automation and AI will be discussed at length by the eminent speakers at the conference. Amidst the presence of the greatest minds of the industry, ADIPEC will witness the industry getting ready for level 4.
Technologies transforming tomorrow
Every other energy company is rooting for this development. With the major process of the industry going digital, efficiency is no more a reason to worry for the oil and gas companies. Any conversation on Oil and Gas 4.0 is incomplete without it.
The industry has already been talking about the concept of Digital Oilfields which can maximize oilfield recovery, eliminate non-productive time, and enhance revenues through a well-integrated deployment of workflows. It is believed that if DOF is implemented properly uncertainty and asset management will improve to a great extent. Smart drilling is the next step with this technology.
Not only upstream, but digitalization will streamline the processes in all the three sectors of the industry. Meanwhile, all the ADIPEC visitors await the thoughts of industry leaders on how this technology will impact our future.
- Industrial Internet of Things (IIoT)
IIoT has emerged as one of the most promising technologies of the time. Some of the early adopters of this technology in the industry claim that IIoT is an effective medium to counter challenges of extracting and transporting oil and gas by being competitive all this while. One of its many advantages in the midstream is that it is reducing the leakage risk, while in the downstream it is bringing down the uncertain refinery shutdowns, mishandling of various grades of crude.
The views of industry experts on how oil and gas companies can be benefitted fully by IIoT will better guide the professionals towards the next level.
- Big Data
Big Data is one of the most controversial technologies in the industry. According to Dr Satyam Priyadarshy, “Big Data in the oil and gas industry is a misunderstood term. It’s more than the data”. Oil and Gas 4.0 is incomplete without the mention of this major tech development. When brought in use properly, it can impact data, analytics and decision making to a greater extent.
Exhibitors would want to hear Dr Priyadarshani at ADIPEC to get a better understanding of Big Data and its implementation.
Meet Us at ADIPEC 2019
Energy Dais is a media partner of ADIPEC 2019 and you can spot our team reporting live during the conference. Connect with us through any social media platforms or our website and schedule a meeting with our team. We would be happy to discuss potential opportunities.