Topic: Digital Transformation

UDT EU Live 2021: Adapting to change

Region: Europe
Content Types: Report
Date: Dec, 2021

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At UDT EU LIVE 2021, in London, the energy community gathered for some much-needed networking and knowledge sharing as it continues to work through one of the most tempestuous periods in living memory. At UDT LIVE 2021, in London, the energy community gathered for some much-needed networking and knowledge sharing as it continues to work through one of the most tempestuous periods in living memory. 

Senior figures and decision makers from operators, service companies, consultancies and more were in attendance, following on from UDT EU VIRTUAL which was held earlier in the year.

The key topics covered included change management, collaboration and partnerships, business change, environmental impact, data, and the energy transition. Unique presentations and panel discussions were held on each, as the energy community took the time to consider the most prominent issues impacting their business.

Highlights included:

Spirit Energy: Esther Diederen, Digital Transformation Lead, Spirit Energy, showcased her company’s digital transformation journey which, so far, has delivered 2x the cost of the initiative. From the start, the company identified that it was important to start small, and gained momentum in order to foster a sense of movement right from the start. By doing this, employees were able to see progress and benefits, and were more willing to participate. 

Diederen also touched upon lessons learned along the initiative including the importance of stakeholder management, the need to stick to the ambition and vision, team diversity is a key strength, delivering a mix of quick wins and foundational deliveries is imperative and the value of failing quick and knowing when to stop. While there were still some nuts that the company needed to crack, there had been notable changes to the way the company was working and this was beginning to reflect in the value saved. 

Kongsberg Digital: Stian Skjaevesland, Global Commercial Director – Digital Wells, Kongsberg Digital, explored how real-time data is collected and whether it could be collected with better quality and make more use of it; looked at how digital transformation efforts have started breaking down silos so that contextualised data is now available which adds a new layer of insight to the end-users of today and tomorrow; and showcased a used case where the company is using the contextualisation of data to reduce admin time and do real-time reporting for an operator that they work with.  

Imaged Reality: With the expensive nature of field trips to assess geology and travel restrictions still hampering movement, Claudia Ruiz-Graham, CEO of Imaged Reality, explained how virtual reality can be utilised for immerse learning to substitute for visits on-site. The company’s 3DGaia platform is a tool for the oil and gas industry to explore locations in a virtual format from the comfort of home with features including remote collaboration; direct outcrop interpretation; satellite imagery; integration with seismic images; well logs and more; interpretation tools; and the ability to add personal content.  

With the networking complete, attendees returned to their companies with fresh ideas and lessons learned in mind. UDT EU will return in December 2022 where it is certain that another year of dealing with Covid-19 and technological advances will provide fresh points of discussion for another exciting conference.