How COVID-19 is accelerating the digitalization of oil and gas
- Johnny Wood
- 4 min read
Robotics and remote working
The digitalization of oil and gas is part of a wider energy transition where digital systems are being adopted to drive efficiency and flexibility that can help lower carbon emissions. For example, in many countries AI is now being used to monitor energy demand and weather forecasts; this data is then used to predict the required and likely power output from renewable energy sources, making it easier to balance the grid. AI is also being used in traditional power plants, increasingly switching them away from being baseload generators to perform a balancing role. Amid the current oil price volatility, intelligent systems can help reduce oil and gas operating costs by utilizing infrastructure and resources more efficiently. In the offshore sector, oil and gas platforms can operate remotely, allowing one control center in a single location to monitor multiple sites. Eliminating the need to fly operations or maintenance crew to distant rigs boosts safety, cuts operations, and transit budgets − plus fewer flights add to sustainability efforts.