Digital Transformation in Downstream Oil and Gas Industry

Digital Transformation in Downstream Oil and Gas Industry

Introduction  The downstream operations of oil and gas companies, including refining and petrochemicals, have always embraced technology to enhance their operations. However, the advent of digitization has opened new possibilities for transforming these operations in a fundamental way. The potential benefits of adopting digital transformation in downstream oil and gas industry are immense, from reducing operating costs and improving throughput to enhancing health, safety, and environmental performance. This blog puts forth an effective framework for digitizing downstream operations in oil and gas, based on insights from collaborations with industry leaders. The framework consists of three integral components: Connecting digital initiatives to [...]