Boosting Digitalization in the Hydrocarbon Industry

ABOUT THE SESSION

Fawaz AlSahan, a prominent figure in the energy industry, echoed the significance of digital transformation in the energy landscape. He compared it to upgrading from an old phone to a super-smart one but on a much larger scale. The energy sector is embracing digital technologies to enhance various aspects, from exploring and using oil and gas more efficiently to ensuring the smooth and safe operation of energy systems. Fawaz highlighted the journey of digitalization in the energy industry, covering both the straightforward advancements, like using computers and sensors, and the more complex challenges, such as ensuring cybersecurity and integrating new systems with old ones. Real stories were shared to illustrate how digital tech is not only improving performance but also saving costs.