01 october 2018
Digital transformation in oilfield services was discussed in Atyrau on the 21st of September at the seminar conducted by PwC in cooperation with the British Chamber of Commerce. The seminar was aimed to exchange the views and discuss the issues of digital transformation in oil and gas industry in Kazakhstan.
Irina Gayda, PwC Strategy& Russia Partner and Bulat Abishev, General Electric Digital Growth Leader, shared their opinions how to develop the industry with the incorporation of digital tools.
Irina Gayda presented on the digital operations and new business models as well as, highlighted the first steps for a company to dive into digital transformation. Bulat raised the issue of the Internet of Things and Industry 4.0 and shared his views on the benefits of digital transformation for oilfield service companies that provoked a discussion among the attendees of the seminar.
"In particular, if we are talking about the Oil & Gas industry, we are currently implementing a project using BHGE technologies (Baker Hughes, a GE Company) for Digitalization of oil-refining capacities, focused on increasing the service interval at the refineries. Thus there is no need for repair every year. This is driven by the analytics of smart signals on the equipment condition that comes online from specific sensors”, - commented Bulat.
The Chairman of the British Chamber of Commerce in Kazakhstan Ashley Clarke, PwC Advisory Leader in Eurasia Kirk Williams and PwC Partner Richard Bregonje delivered the welcoming speeches. They covered the vision of the future of oilfield services enabled by digital transformation, overviewed the potential benefits of the digital transformation, highlighted the initial steps taken by oilfield service companies to start implementing some of these benefits.