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Digital to the Core: Harnessing the Power of Technology to Increase Efficiencies, Reduce Operational Costs and Risks

A Platform For Collaboration

OpenGov Asia is pleased to invite you to this exclusive and highly timely OpenGovLive! Virtual Breakfast Insight aimed at imparting knowledge on maximising business potential and automating systems and processes that can drive more business whilst reducing the costs, applicable across different industries.

Driving the operational efficiencies and profitability, whilst lowering costs and implementing much needed digital oilfield 2.0 innovation

The oil and gas industry is having a bit of an identity crisis which is fundamentally related to the transition of the energy industry and is also facing new hurdles to efficiency and profitability throughout this new normal. Entities across the entire oil and gas value chain such as exploration, production, midstream operators, wholesale, downstream distribution, trading and even retail operations are continuously forced to deal with the new and fluctuating realities of global hydrocarbon market prices, increased pressure from authorities on the environment and a fluctuating investment climate due to global uncertainty driven by dynamic and uncontrollable external forces.

Both oil and gas companies and government bodies are seeking a much higher drive-in operational efficiency rather than increased output, in order to deliver the level of profitability that is required to underpin hydrocarbon-based economies, particularly in Indonesia.

Digital Oilfield 2.0: Accelerating Digital Transformation and Innovation

Investing in digital technology for transforming operations across the entire oil and gas value chain is now a key imperative that can no longer be delayed since operational efficiency and profitability is clearly a continuing reality.

There is an incredibly positive outlook for companies that are prepared to engage in leveraging fast-advancing technologies such as cloud computing infrastructure, sensor networks, IoT, edge computing, streaming messaging, open architectures, open standards & API’s – open-source along with massive advances in artificial intelligence and machine learning to optimise the quality of digital oil field processes, information and making better informed critical decisions with tighter process and information integration across the entire oil and gas value chain. The opportunity for fully integrated groups like Pertamina addressing the whole value chain in this scenario is outstanding.

AI, on the other hand, used by so many industries to predict trends, manage stock levels, handle large levels of data and so much more, is now being harnessed by the energy industry to automate processes, predict trends, improve performance and generally make their operations more efficient and cost-effective. It can even help in resources exploration by mapping and identifying petroleum deposits beneath the earth or detecting equipment failure or gas leaks.

The large volumes of data that AI can require means that many gases and oil companies will now be relying on cloud computing to improve how that data is being processed.

Leveraging fast-advancing technologies for better outcomes

The backdrop for all entities in the oil and gas value chain is a case of dealing with continuous change, whilst increasing profitability, increasing operational efficiency, reducing costs and embracing the realities of energy market transition, decarbonization and lower hydrocarbon prices with both lower upstream output and leaner trading margins.

This problem matrix is forcing oil and gas companies across the entire value chain to explore every single opportunity for lowering costs, increasing operational efficiency and also delivering new and innovative ways to automate exploration, production and innovations in the distribution chain through new digital oil field transformation initiatives leveraging on emerging technologies.

Who Should Attend

Meet Our Distinguished Speakers

Widita Sardjono
Managing Partner
PWC Consulting - Indonesia

David Forden
Director – Application Development Solutions
Red Hat

Mohit Sagar
Group Managing Director & Editor-in-Chief
OpenGov Asia

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IN COLLABORATION WITH

BROUGHT TO YOU BY

OpenGov

Networking

Make valuable connections and meet peers and mentors in your industry. Share ideas with others in your field, meet your future business partner, or seek advice from people who’ve done it all before.

Learning

We live in uncertain times for tech and business. We’re welcoming the people who are tackling the big challenges facing industry today. In our current climate, upskilling has never been more important.

Exposure

Get exposed to first-hand knowledge and intelligence from subject matter experts across Asia Pacific to accelerate growth and progress.

Great and innovative event with amazing speakers

Directorate General of Treasury

Very good virtual breakfast meeting

Bank Mandiri

It is a very interesting meeting, fruitful discussion

Statistics Indonesia

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engage@opengovasia.com

Guilhem Vincens
Head of Change and Innovation
ABN AMRO Bank N.V.

Eric founded Zoom in 2011 to bring teams together in a video environment. Zoom’s video-first unified comms platform continues to transform the way leading global enterprises communicate. Zoom was one of the highest-performing IPOs of 2019.

PARTNER

Red Hat is the world’s leading provider of enterprise open source software solutions, using a community-powered approach to deliver reliable and high-performing Linux, hybrid cloud, container, and Kubernetes technologies. Red Hat helps customers integrate new and existing IT applications, develop cloud-native applications, standardize on our industry-leading operating system, and automate, secure, and manage complex environments. Award-winningsupport, training, and consulting services make Red Hat a trusted adviser to the Fortune 500. As a strategic partner to cloud providers, system integrators, application vendors, customers, and open source communities, Red Hat can help organizations prepare for the digital future.