The Future of Latin America Oil & Gas Digital Transformation Summit

About this event

ABOUT THE EVENT

The oil and gas sector needs a fundamental shift into the digital age. In the face of a rapidly evolving technological landscape, developing game changing digital solutions, re-evaluating existing operating models, and utilizing data to transform exploration efforts, have been brought to the forefront of industry discussion.

As digital transformation expands its reach across the industry, bringing with it digital drilling and production technology, operational efficiency, data-driven operating models, distributed ledger solutions, lower per barrel production costs and revolutionized supply chains, now is the time to transform your business model and embrace the full benefits that the digital oilfield has to offer.


EVENT DETAILS

Tuesday 8th & Wednesday 9th November 2022 @ Rio de Janeiro, Brazil

EIC members have access to a discount on delegate fees. To obtain the required code, please email michelle.miller@the-eic.com

For more information, please click here to visit the event page.


SESSIONS

Day 1

Session I - Digital Transformation: New Age Oil & Gas
Digitalisation has been developed across the oil and gas sector for the last 3 years since the oil crash and with the effects of COVID and demand for oil and gas predicted to be lower in the next 10 years, the time to adopt and change is now. This session will address next steps for implementing digital transformation. The session will hear from different operators with a focus on how they plan to implement their digital strategy, and how such efforts can enhance operations moving forward.

Session II - Big Data & Adding Value
Digital applications produce an abundance of data. Translating that data into manageable information and actionable results poses more of a challenge. This panel led session will address strategies for interpreting the magnitude of data produced and how to effectively use such data to enable measured results. Discussion will include the need for collaboration & data sharing, identifying business challenges & how data can support this, and the lack of best practice models within the industry.

Session III - Advanced Analytics and Automation
As the industry strives to become more productive, efficient, safe and reliable, the adoption of advanced analytics and automation is becoming increasingly prominent. With possibilities for improving operational processes across the oil and gas value chain, including exploration, production, processing and distribution, advanced analytics and automation systems provide a wealth of promise for the industry. This session will consider the new generation of analytics and automation which is serving to enhance operational efficiency, alongside saving time and money. Discussion will include analyzing seismic data, real-time information delivery such as well bottom communication, improving reservoir characterization and simulation, predictive maintenance requirements, increasing drilling safety & reducing drilling time, AI-based analytics for automated data processes, enhanced asset management, prescriptive analysis of runs, and improved occupation safety.

Session IV - Cyber Security & Risk Management
Alongside the countless solutions brought by digital transformation, the transition to a digital industry also brings with it a number of associated risks. One of the most pressing challenges facing the industry to date is cyber security. This session will address risk management for transitioning to a digital business. Key themes will include protecting critical infrastructure from cyber threats, encouraging security awareness across the industry, employing digital technologies without causing risk to operations, data protection & ensuring critical information remains secure, trusting machine-driven operations, and developing robust control systems to combat cyber vulnerabilities.


Day 2

Session I - Digital Twins” & Asset Management
The dawn of the “Digital Twin” is one of the most ground-breaking solutions to emerge from the digital transformation movement. “Digital Twins”, namely a virtual model of a physical asset, are increasingly becoming a business imperative. Covering the entire lifecycle of an asset, digital twins can be used to optimize business outcomes, accurately predict results, reduce risk, improve productivity, and provide a foundation for other connected services or products. This session will address the latest developments within “digital twin” technologies, alongside the benefits of utilizing such technologies as an asset management strategy.


Session 2 - Technology & Innovation
Technology and innovation are the driving forces behind digital transformation. This session will showcase the latest technologies emerging across the market and their impact upon the way oil and gas is produced, processed and managed. Key transformational technologies presented will include drones, additive manufacturing, and robotization. Discussion will focus in particular on the added benefits of utilizing additive manufacturing for fast prototyping, shortening the development cycle of oil & gas components, faster repairs and improved design quality, alongside the sophisticated data gathering, analytics and cost efficiency offered by drones.

Session 3 - Digital Ledger Solutions & Supply Chain Optimisation
The arrival of digitalisation has opened doors to new solutions for supply chain optimisation: Blockchain, a distributed digital ledger, is one such solution offering potentially game-changing solutions to the industry. Blockchain offers a wealth of applications for any exchange, including agreements & contracts, payments, tracking, and record keeping, with parties from across the supply chain. This session will take an in-depth look at Blockchain and its potential for implementing digitalisation across the value chain. Discussion will include strategies for transitioning to Blockchain, simplifying processes across the supply chain, possibilities for improving transaction speeds, reducing operating costs, greater transparency & efficiency, removing the need for third party data hubs, streamlined operations, and adapting to work under a digital model.

Session 4 - Future Workforce Implications
The advent of the digital age has ignited a shift towards the future oil and gas workforce. With digitalisation rapidly re-shaping the industry, ensuring the right capabilities are in place to deliver new business models poses a key challenge moving forward. This session will address the future workforce needed to successfully support the adoption of a digital oil and gas industry. Discussion will include future workforce implications, balancing the mix of engineers & data scientists, training models moving forward, strategies for attracting a new technologically focused generation, and managing this shift internally.