WEBVTT 1 00:00:02.770 --> 00:00:04.910 Since the industry's infancy 2 00:00:04.910 --> 00:00:06.930 upstream oil and gas operators 3 00:00:06.930 --> 00:00:08.640 have always been at the forefront 4 00:00:08.640 --> 00:00:12.460 of technology development and adoption. 5 00:00:12.460 --> 00:00:16.030 To stay competitive a new wave of transformation 6 00:00:16.030 --> 00:00:18.870 enabled by digital is now needed. 7 00:00:18.870 --> 00:00:21.250 Many companies have started on this journey, 8 00:00:21.250 --> 00:00:23.980 but they are facing challenges such as 9 00:00:23.980 --> 00:00:27.580 how to ensure tangible and sustainable impact. 10 00:00:27.580 --> 00:00:30.970 How to efficiently scale solutions across assets, 11 00:00:30.970 --> 00:00:33.950 geographies, and technical disciplines. 12 00:00:33.950 --> 00:00:36.900 How to ensure adoption of the necessary changes 13 00:00:36.900 --> 00:00:40.898 in the front line of their businesses. 14 00:00:40.898 --> 00:00:45.507 If successful companies can unlock enormous value. 15 00:00:50.372 --> 00:00:52.070 Today's technology solutions 16 00:00:52.070 --> 00:00:56.070 connect field operations with remote diagnostics, 17 00:00:56.070 --> 00:00:58.730 enabling multi-discipline or e-collaboration 18 00:00:58.730 --> 00:01:02.060 to optimize production and asset integrity 19 00:01:02.060 --> 00:01:06.323 through new operating models and digital tools. 20 00:01:06.323 --> 00:01:09.630 Integrating data analytics and simulation models 21 00:01:09.630 --> 00:01:12.690 from individual upstream processes 22 00:01:12.690 --> 00:01:16.740 across technical and economic disciplines, 23 00:01:16.740 --> 00:01:21.705 maximizing value creation across the full production system, 24 00:01:21.705 --> 00:01:24.790 efficiently ensuring integrity 25 00:01:24.790 --> 00:01:29.763 by aggregating data from inspections, sensors, 26 00:01:29.763 --> 00:01:34.363 and other sources of life-cycle information. 27 00:01:35.196 --> 00:01:40.150 Integrating legacy systems by leveraging cloud technology 28 00:01:40.150 --> 00:01:45.070 to structure, visualize, and process data, 29 00:01:45.070 --> 00:01:48.210 thereby optimizing maintenance planning, 30 00:01:48.210 --> 00:01:49.710 all enabled by making 31 00:01:49.710 --> 00:01:53.640 real-time operational and asset life-cycle information 32 00:01:53.640 --> 00:01:58.493 easily available through a future-fit IT and data platform.