COURSE CONTENT
Module 1 – What is Digital?
- Digital definitions, terminology and illustrations
- Key drivers of digital innovation
- A framework for structuring digital innovations in context
- The leading digital technologies and their emerging oil and gas use cases
- Case examples of specific combinatorial digital innovations and impacts
Module 2 – The Impacts of Digital on industry segments
- Key orthodoxies of the industry that digital transforms
- Reviews of the impacts of digital innovation on segments of the industry
Module 3 – Management Challenges
- Organizing a team to tackle digital transformation
- Digital risks to be managed
- Talent management and skills required
- Addressing the challenges of change management
Module 4 – Moving Forward
- The business case for digital innovation
- Strategic planning methods for approaching digital innovations
Digital Definitions
- International Energy Agency, Cisco, IBM
- The growth of data
- Power of analytics
- Expanding telecommunications
- Moore’s law
- Metcalfe’s law
- Market capitalization of digital companies
- Framework for digital innovation
Data
- Importance of data to digital
- Data types
- Oil and gas issues with data
Internet of Things
- Use cases
- Architectures
- SCADA and IoT
- Developments
Artificial Intelligence
- Definitions – AI, ML, deep learning
- Role of AI in the future
- Use cases in oil and gas – maintenance, field operations, optimization
Automation
- Robots in the field and office
- 3D printing and impacts on oil and gas
- Use cases – submersible, inspections, surveillance, data collection
Cloud Computing
- Types of clouds – private, hybrid
- Role of cloud computing
- Impacts of cloud computing on oil and gas business models
Blockchain
- Definitions, examples
- ATOMIC – asset, trust, ownership, money, identity, contract
- Role of blockchain in oil and gas
- Use cases – VAKT, tracking, carbon
Business issues and digital solutions in the oil and gas value chain
- The Oil and Gas Industry Process Model
- Upstream – conventional, unconventional, on-shore, off-shore
- Midstream – processing, pipelines, transportation
- Downstream – refining, wholesaling, retail
- Capital projects – planning, execution
- Turnarounds and shutdowns
- Functions (HR, supply chain, finance)
- Services – field services and support
Management issues in digital
- IT, OT and digital team design
- Risks to be managed – cyber, security, data, policy, technology
- The Risk Matrix for Digital
- Management of change process and implementing digital change
- Agile versus waterfall methods
- Importance of user experience and design
Talent issues in digital
- Availability of talent
- Creating trust in digital
- Leadership of human change
- Talent attributes of the future
Digital strategy
- Setting a north star heading for digital innovation
- Confronting industry norms and practices that digital can impact
- The Strategy Cascade by Roger Martin
- Examples of digitally driven strategy – Rio Tinto
- Determining the business case for digital