In this week's Newsletter...
Dear member,
McKinsey’s Global Energy Perspective 2024 calls for a holistic transformation of the global energy system, driven by a range of emerging levers, including data and Artificial Intelligence (AI). Harnessing the power of data and digital technology to effectively drive decision-making is essential for operational efficiency, cost reduction, and sustainable growth.
To offer more insights into today’s dynamic oil and gas landscape, we’re excited to share two of this month’s most popular articles! For strategic approaches to managing data and integrating digital technologies into oil and gas operations, read: 5 Ways of Managing Data and Digital Technology to Streamline Processes in Oil and Gas, based on research calls with renowned industry experts. To learn more about the impact of data science on operations in the industry, along with the key applications for AI including time series, forecasting, computer vision, and GenAI, read our interview with Joshua?Holtz,?Data Science Manager?at?Dow: How AI and Data Science are Elevating Operational Excellence.
Additionally, Episode 13 of?Industrial Decarbonization Network’s?hit podcast,?Methane Talks, is now live:?How Oil and Gas Companies Can Operationalize GHG Emissions Tracking.?Listen as?Paul Hajek, Chief Revenue Officer, Envana Software Solutions, and?Liz Arthur, Global Head of Enterprise Strategy?at?EarnDLT, discuss what blockchain, or “distributed ledger,” means in the context of emissions management.
Until next time,
Maryam Irfan | Senior Editor
???Event Of The Week
We are delighted to announce that Methane Mitigation Europe will return for the 3rd consecutive year from 25th-27th February, 2025!
We can't wait to come back to Amsterdam, Netherlands with Europe’s leading oil and gas operators, government officials, industry associations, academics, and solution providers to dissect the latest EU methane regulations and enhance your methane reduction strategies!
Join us at the only event in Europe dedicated to reducing methane emissions from the oil and gas industry and benchmark against over 40+ senior industry speakers including:
?Content Of The Week
With the oil and gas sector undergoing a transformative shift, maintaining operational integrity and efficiency, and preparing for the impact of data and Artificial Intelligence (AI), is crucial for leaders and organizations seeking long-term success.??
“We are now moving into a next phase of data science characterized by artificial intelligence applications”, mused?Joshua?Holtz,?Data Science Manager?at?Dow, in a recent interview with the editor at Oil & Gas IQ. The American multinational corporation headquartered in Midland, Michigan, recently set the record for the most Edison Awards ever received by an organization in a single year for their innovations.
Read as Joshua shares his expert opinion on the evolution of data science and advice for organizations looking to transition to a more data-centric approach.?Read here.
Additionally, Joshua will be speaking on ‘Artificial Intelligence: Balancing Innovation and Risk’ at our upcoming?15th Annual Operational Excellence Oil & Gas Summit?in?Houston. Join him from?November 5-8?to learn more about the impact of data science on operations in the industry, along with the key applications for AI including time series, forecasting, computer vision, and GenAI.?
?? Insights of the Week
???Upcoming Events
Oil and Gas IQ?is one of the world's largest communities of oil and gas professionals, providing cutting-edge events and thought leadership.
Since 2011,?Oil & Gas IQ?has been driving change in the oil and gas industry with online events, cutting-edge research and reports, and high-quality journalism. Whether you’re interested in networking at our large-scale events at venues across the world, or want to ask experts in a wide variety of fields for their thoughts at one of our latest webinars, then?Oil & Gas IQ?has you covered.
We run technical and strategic conferences in Europe, Asia, the Middle East, and North America every year, and provide dozens of exclusive news stories, reports, and whitepapers for our members. We also frequently run events online, accessible to our entire global audience.
Until next time,
Oil & Gas IQ