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17.07.2021, adminComplex and marginal, the downstream industry must act now if it is to navigate the global shift to a new energy mix successfully. But the sector needs speed upstream and downstream 500 � governments and businesses that are willing to step up and deliver change. In its third year, Future Downstream attracted more petrochemical and refinery operators, downstream service companies, downstream automation and digitalisation specialists and technology suppliers than in any previous year.
Fifty plus influential speakers from across Speed Of The Boat Upstream And Downstream Mod the world came together to explore the disruption, digitalisation and innovation shaping the downstream oil and gas sector. During the two-day event, 10 topical panel sessions encouraged debate on machine learning, AI, asset performance management, data analytics, cyber security, supply chain management and digital transformation.
Digital providers were speed upstream and downstream 500 on hand, presenting real speed upstream and downstream 500 cases, offering insight and demonstrating best practice within the industry. If data is considered the new oil, embracing transformation and innovation will be the only way forward.
Coupled with the impact of decarbonisation and ESG compliance, refineries will have to rethink their sustainability plans over the coming years. Green Refining and Digital Refining are becoming phrases that stakeholders and investors increasingly want to hear.
Within the downstream sector, we need to change. We need to reduce scope 1 and 2 emissions. And we have a vital role in helping others accelerate their decarbonisation journeys. It is not just about It is about what we do this year. Shell will contribute to a net-zero world� We will Average Speed Of Boat In Upstream And Downstream Quantity do this by reducing emissions from our operations and from the fuels and other energy speed upstream and downstream 500 we sell to our customers.
We are transforming our business and finding new opportunities. We will provide more low-carbon energy such as biofuels, hydrogen, charging for electric vehicles and electricity generated by solar and wind. The combination of IIOT, hybrid machine learning, data contextualisation, 3-D modelling, AI-enabled drones and wearables, and other digital technologies are crucial in unlocking cleaner energy solutions and delivering efficiency in the refinery speed upstream and downstream 500. Looking at the business case for adopting digital twin technology, he outlined the cost of human error and the large gaps to be filled by making operations more data-driven.
This equates to around 5. So to address carbon neutrality, you also have to speed upstream and downstream 500 heat. Outlining the company's commitment to recycling plastics and reducing production through alliances with partners, customers and collaborators across the value chain, he said: "We are clearly engaged with TRUCIRCLE around our closed loop initiatives and designs for recyclability, and we're very involved in mechanical and chemical recycling.
You can see this with our partnership with NEOM, the conversion Speed Upstream And Downstream Version of our polycarbonate facility in Cartagena, Spain, to run entirely on renewable power, and our commitment to investing in startups.
The focus should be on the most impactful solution, and clear scientific direction is needed," he said. The downstream industry has a clear role in the energy transition, but it needs to act. To stay competitive, companies must adopt low-carbon strategies that account for demand trends and regulation shifts and leverage digital innovation. Digital transformation is not about technology.
It's about people. Noorddin Taj said: "It's about transitioning an organisation to think differently and work towards moving everyone in the organisation from point A to point B. Strategy, capability, culture and technology all need to align together to work towards a successful digital transformation.
The speed upstream and downstream 500 truth is that digital transformation is no longer optional. Marijn Bezuijen said: "Not only can technology help detect, localise and quantify emissions, it can also optimise efficiency and predict maintenance.
To find out more about bridging the physical and virtual and how it can lead to real benefits, join the Cavendish Group at Future Digital Twin on May News Topics Upstream Midstream Downstream.
Submitted by Editorial on Thu, 04th March Related topics:. Future Downstream. Search this site: Search. McDermott Invests in Lummus Technology.
Shell sells Western Desert assets to Cairn, Speed Upstream And Downstream 704 Cheiron. All rights reserved. Cavendish Group media websites: www.
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