Not Every Oil, Gas Player is Ready for Digital Collaboration

Not Every Oil, Gas Player is Ready for Digital Collaboration
Not all oil and gas industry players are ready for the level of collaboration that digitalization encourages, according to Jonathan Lewis, Amec Foster Wheeler CEO.

Not all oil and gas industry players are ready for the level of collaboration that digitalization encourages, according to Jonathan Lewis, Amec Foster Wheeler CEO.

“One of the questions we really need to ask ourselves, and be quite honest with regard to our behaviors, is the degree to which we as an industry are ready for the level of collaboration and data sharing that is associated with the embrace of…[new digital technologies],” Lewis said in a panel discussion at the GE Oil & Gas conference held in Florence, Italy.

“I think some [companies] are, I’m not sure all are,” he added.

Independent oil and gas company Tullow’s soon-to-be CEO Paul McDade echoed Lewis’ views.

“I’d agree with Jonathan…as an industry we bring the oilfield services [and] supply chains late to the party, and the way in which we establish our business tends to be…competitive rather than collaborative,” McDade said.

“There’s so much more we could be doing,” McDade told industry delegates at the conference, which was attended by Rigzone.

Major players in the sector called for more industry collaboration, amid a continuing low oil price, at GE’s 17th Oil & Gas conference last year.

"Only together will we manage through the current climate. In an era of complexities we can drive productivity and return investment through innovation and partnership," Lorenzo Simonelli, GE Oil & Gas president and CEO, said in February 2016.

Royal Dutch Shell Project & Technology Director Harry Brekelmans echoed Lorenzo's sentiment at the time, championing the idea of collaboration in the hydrocarbons industry.

"I encourage everyone to keep exchanging ideas to harness the same level of creativity and the desire to challenge and transform the status quo," he said in a keynote speech.

A graduate in journalism from Cardiff University, Andreas has eight years of experience as a business journalist. Email Andreas at andreas.exarheas@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Andreas Exarheas
Assistant European Editor | Rigzone
 -  Exxon Mobil Recruiting in 'Many Locati... (Feb 27)
 -  Ineos Shale: We Won't Drill If We Can'... (Feb 24)
 -  Rigzone's Staff Picks Top 5 Oil, Gas F... (Feb 24)
 -  Ideal Employer Survey: Students, Gradu... (Feb 23)
 -  Future Giant Discoveries Could be Lurk... (Feb 23)


Most Popular Articles

From the Career Center
Jobs that may interest you
Global Corporate Travel Manager
Expertise: Operations Management
Location: Houston, TX
 
Junior Accountant
Expertise: Accounting
Location: Carrizo Springs, TX
 
Project Manager
Expertise: Project Management
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $55.99/BBL 1.04%
Light Crude Oil : $53.99/BBL 0.84%
Natural Gas : $2.63/MMBtu 0.38%
Updated in last 24 hours