EA Chapter Event "Digitalization in the Oil & Gas Sector"
Thursday, November 23, 2017 (5:30pm - 8pm Europe/London)
100 New Bridge Street
London EC4V 6JA
Hugh Stewart, Chair, Global Oil and Gas Practice, Baker McKenzie
Ben Allgrove, Partner, Baker McKenzie
Kevin Donaldson, Managing Director, Accenture Digital | Accenture Analytics
Join the Europe-Africa Chapter for a panel discussion on "Digitalization in the Oil & Gas Sector." The significant and sustained decline in commodity prices is forcing players throughout the hydrocarbon chain to rethink the way they have historically operated.
Digitalization allows oil & gas companies to get a highly granular view of their assets which, when viewed in conjunction with data from more traditional business systems, can generate quicker and better insights to drive competitive advantage.
Better connected oil fields, pipelines, and refineries mean companies throughout are poised to take their performance and productivity to the next level of efficiency, safety, and security. Increasingly cost-effective digital technology will facilitate improved monitoring, more collaborative and integrated operations, and remote management to drive greater productivity at reduced costs and risks.
The panel discussion will explore the current digitalization trends, specifically the legal and commercial aspects of this exciting phase of fundamental changes to the industry and answer the following:
- What does digitalization mean in the oil & gas sector?
- What benefits can oil & gas companies can gain by digitalizing their business (e.g. data monetization)?
- What in-house legal teams, contract managers, contract negotiators and/or business developers can do to participate in this new digital age (e.g. good practices you have seen)?
- What are the current trends in digitalization in the oil & gas industry?
Online registration has been closed. On-site registration will be on a space available basis, and is complimentary for members, non-members, and students.