Agenda | All times are MYT (UTC +8)

Digital infrastructure is defined as the ability to store, process, exchange and serve data through information technology. The key enabling technologies are not limited to the physical assets that are required to operate such as networks, communication, computing and data storage, but also include new information technology infrastructure such as cloud technology, big data technology, 5G and IoT networks; in addition to modern application architectures such as container, API, serverless architecture and so on.

The Digital Infrastructure is not just “an ability”, it is something real that stands behind the digital transformations of economics and business. It is the core of digital transformation. This session will provide insights into cutting-edge information technology and cloud, to ensure a strong foundation can be laid down for digital transformation.

Some of these areas include:

• Cloud technology (Public/Private)
• Data centre, big data technology, no SQL database, graph database
• Modern network and connectivity (5G, IoT)
• Modern application architectures (Container, API, serverless architecture)
• Cybersecurity

In today’s environment, with an oil price reset and demand erosion due to the pandemic, the industry is looking for novel ways to reduce personal and process safety risk, Non Productive Time (NPT) and unplanned production outages, whilst simultaneously improving returns by driving cost reduction, production optimization and yield improvements. Down-manning in the field, the move to Remote Operations and the subsequent transition to predictive and prescriptive analytics and thereafter to automation are pathways currently actively being explored for all stages in the Life of a Field. Fortunately, recent years have seen significant advances in Machine Learning (ML) and Artificial Intelligence (AI), building on the UAS and IIOT, access to Big Data and Elastic Cloud Computing. Accessing and amalgamating existing data into a holistic and federated data image, enabling Subject Matter Experts of all concerned disciplines to become “Citizen Data Scientists”, focusing their efforts on finding cost-effective solutions, rather than the data, promises to be delivered on the urgent requirements of delivering predictable outcomes for the industry – across the Life of Field and for the entire Production System of the Future, from the reservoir to refinery.

Additionally, in recent years, the combination of HD computer vision-enabled through AI and paired with robots designed for operations in environments hazardous to humans is evolving at a rapid pace, delivering benefits in terms of cost reduction and HS&E improvements. AI-enabled AR/VR is finding its way into collaboration teams as well as the training and education sector.

In today’s world, companies are adopting more and more digital technology to further enhance their businesses. An organisation must be willing to transform and build a digital culture to fully benefit from digitalisation. People, technology, and process are the main elements in digital transformation, what are the capabilities and skills companies need to equip their discipline workforce to embrace this revolutionary shift. We will share experiences and learn how digital technology could positively support the petroleum industry to efficiently and profitably extract hydrocarbon while maintaining the highest HSE standards. This session will discuss how to change and instil a growth mindset, create digital talent, empower employees, and attract new talent, along with exploring knowledge management, organisational structure management, and change management. We will also delve into the changing work lifestyles, and how to handle shifting cultures in addition to responses from people throughout an organisation.

This session will explore how best to manage challenges within the context of E&P business value, and approaches that can be taken to solve them using digital tools. So far, the adoption of ‘digital’ has unlocked significant value across upstream activities for global E&P players. Emerging high-end digital technology is an integral part of how data is analysed.

Examples are becoming more pervasive and their access democratised, driven by accelerated digital transformation, and is not limited to the traditional user base.

As these technologies mature and develop further, companies can unleash a new phase of value generation from understanding and adopting these new technologies:

• Examples of unconventional end-users experimenting with AI/data science tools for data-driven outcomes.
• Empowering the new citizen data scientist to impact their day-to-day performance and overall business value.
• Open Subsurface Data Universe (OSDU): Vendor neutral standards-based ecosystem driving digital innovation.
• The role of information and knowledge management to enable insight generation from new digital tools.

Energy transition and sustainability is the shift from fossil fuels to more sustainable forms of energy such as wind, solar, and others. This transition is inevitable due to the increasing scarcity of resources as well as to reduce the greenhouse gas emissions, and thus minimise the serious impact towards climate change. This transition is not going to happen overnight and is expected to take up to 30 years,  by 2050. For example, the previous transition from wood to coal and from coal to oil and gas took more than 50 years each.

Meanwhile, the world would still be negotiating with the conventional oil and gas industry. Moving forward, the path to energy transition has two major components, and this session will discuss and deliberate on topics such as:

1. Handling the transition from oil and gas to renewals by making the oil and gas industry more responsive to climate change through embracing technologies and steps such as:

• Cutting down on CO2 emissions to achieve zero emissions.
• Maturing new technologies to counter greenhouse effects, such as Carbon Storage, Utilisation and Sequestration (CCUS).
• Developing low-cost, low carbon, and low sulphur fuels.
• Having a carbon pricing/carbon tax mechanism in place.

2. Digital integration along the pathway to renewable energy. With digitalisation being the fourth industrial revolution, it is destined to play a stellar role in the route towards energy transition and sustainability:

• Big data and advance analytics
• Role of Artificial Intelligence
• Blockchain applications in the maturing of renewal energy