
Experts seek tech, data adoption for oil industry recovery post-COVID-19
Experts in the global oil industry have called for the adoption of technology and data analytics to boost the sector recovery post-COVID-19, noting that the pandemic has accelerated technology adoption as an integral component of projects and cost-reduction measures.
Speaking during a webinar organised by Microsoft in conjunction with Africa Oil & Power, themed: “Leveraging the Power of Technology for Oilfield Optimisation,” the experts said digital applications are capable of uniting real-time data with advanced analytics, to improve decision-making, and boost efficiency and sustainability.
Specifically, Global VP, Digital, Analytics, and Innovation/Chief Innovation Officer, McDermott, Vaseem Khan, said technology had presented Africa the opportunity to leapfrog traditional oil ...