Oil and gas majors, petrochemical companies, refineries and technology providers sent their leading industry experts to Future Downstream in London to determine how to fulfil the potential of the downstream oil and gas industry through digitalisation.
It was also announced that Future Downstream will take place again in 2019 with a greatly increased conference and exhibition space, following popular demand.
On the opening panel Dorothee Arns, Executive Director, Petrochemicals Europe, Cefic said: “In Europe we still have some structural challenges to change, despite the lower oil price. We have a competitive disadvantage here in Europe, that's a fact. We are convinced that digitalisation can further enhance our competitiveness.”
Data is the new oil,
it is going to be the key ingredient
in the fourth industrial revolution
John Sullivan, Vice President, IBM Global Business Services UKI said: “There are three key challenges to address. Firstly, integrated planning across operations. Secondly, better supply chain visibility through IoT, cloud technology and blockchain. And thirdly, adopting better analytics: how do you use AI to inform which action you should take?”
Blaine Tookey, Technology Principal – Digital Innovation Organisation, BP said: “We do see digital as the main area of transformation of our business. Cloud enables you to bring data together from various sources – this is a big gamechanger. But to make sense of that data you need AI; process control is ripe for disruption by AI.”
Marco Del Seta, Head of Digitalisation and Deployments, BOC Ltd said: “We need to leverage technologies to be a service provider - everyone is in the game of not selling commodities but selling services.”
The quality and interoperability of data is seen as crucial to fulfilling the industry’s potential.
Ruptesh Pattanayak, Director Industry Solutions - Manufacturing & Resources Sector (UK), Microsoft said: “Data is the new oil, it is going to be the key ingredient in the fourth industrial revolution. The ability to connect billions of things and store it at a fraction of the cost in the cloud, then make all this data interoperable, then running all this in real time, and finally getting devices to show this – all of this together is a very potent combination that will encompass the entire downstream value chain and the workplace.”
Gloria Vendrell, Program Director Data Driven Asset Performance, Total said: “A big challenge is the industrialisation of data. We have the platforms, but data must be good quality. Good quality in, good quality out.”
Thierry Adolph, Digital Officer Industry, Total added: “How we see digital in Total is not just a matter of getting ahead of the competition, it is a matter of survival. The biggest challenge is human - how you ensure you have competency and can transfer knowledge. The rate of technology change is huge.”
How we see digital in Total is not just
a matter of getting ahead of the
competition, it is a matter of survival
In a presentation on “Crisis Communications in Oil & Gas”, Greg Baylis, Senior Technical Solutions Manager, BlackBerry said: “Industrial plants are massive intricate facilities where large numbers of people must work in close coordination surrounded by precise machinery – for refining, storing and processing, using huge amounts of volatile substances. With so many variables that need to be factored into oil and gas plants, structured emergency preparedness is essential.”
“Removing manual intervention from the process can improve accuracy, situational awareness and accelerate responses.”
Future Downstream also addressed how digital is disrupting the working environment, how smart infrastructure is opening the door to better operational performance, and how to safeguard the downstream sector from cyberattacks, as well as exploring emerging technologies such as quantum computing, AR and VR and blockchain.
Vijay Kumar, Senior Project Manager IT/OT at Air Products & Chemicals said: “The threat of cyberattack is real, just like climate change. With cybersecurity it all comes down to plan, design, test and deploy.”
Martin MacRae, Technical Director, Return To Scene Ltd. said: “VR ideally removes the need for go to site and to work remotely. Other technology like AR is where digital really has the potential to help the people at the coalface, giving them the best tools to do the best job as efficiently as possible. The opportunity is dependent on so many things. The technology is there in most cases, but deploying it is a massive jump.”
Case study: OT/IT systems integration for Process Manufacturing industries
Vijay Kumar, Senior Project Manager IT/OT, Air Products & Chemicals Inc
Presentation: Crisis Communications in the Oil and Gas Industry
Greg Baylis, Senior Technical Solutions Manager, BlackBerry