IoT and Big Data: Opportunities for the Upstream Oil and Gas Industry

In the dynamic world of oil and gas, Bolarinwa Durojaiye stands as a seasoned technology leader with over 15 years of experience. As the IT Infrastructure Lead of HeirsHoldings Oil & Gas Ltd., he’s a driving force behind digital transformations. Recently, Bolarinwa shared his insights at the Oil & Gas Digital Transformation Conference 2023, focusing on the potential of IoT and Big Data in the upstream sector. In this blog, we’ll uncover his strategies and vision for leveraging these technologies in the industry.

Bolarinwa Durojaiye, an expert in the oil and gas industry, recently discussed the game-changing technologies of IoT and Big Data. Imagine these technologies as the dynamic duo for the oil and gas world. IoT, or Internet of Things, connects machines and equipment to the internet, allowing them to communicate and gather real-time data. On the other hand, Big Data is like a super-smart computer that can analyze all this information. Together, IoT and Big Data bring numerous benefits. They can predict when machines might break, saving money. They make operations more efficient, which is cost-effective and better for the environment. Most importantly, they enhance safety by detecting potential dangers early. In essence, these technologies act as superheroes, transforming the oil and gas industry into a smarter and more efficient sector for the future.

The impact of each decision in oil & gas industry is significant. Oil & Gas companies invest into a data platform to make best possible decisions - “do things right”.
However this is not enough to prepare for any future disruption. Managed knowledge can help employees to “do the right thing” and “avoid the same mistakes”.
NASA is driving digital transformation with ‘MBx’ to effectively manage $40B asset and supply chain. We’d like to explain how MBx can be applied to oil & gas industry.

For more on this conference or session access, reach out to us at [email protected] with your inquiries.

This conference brings together key players from the transportation industry to probe and explore winning strategies and technologies, dealing with smart tools to build a flexible transport network.

This is a platform to discuss the latest developments and best practices for the future of modern technology and management strategies for a transportation system to enhance mobility and safety.

PTN Events is a global business events and consulting firm that provides a wide range of business services to a diversified client base. A leading organiser of commercial and knowledge based top-level conferences, managed by a group of specialists with more than a decade of combined expertise in successfully developing business events, trainings and consulting for corporates, governments, associations and high-net-worth individuals across the world.

We are known for our smooth event delivery. Our staff have been directing, producing, managing and digitizing top-level conferences that connect businesses with opportunities through conferences, expos, demand generation and consulting services. Check out our latest upcoming flagship events : www.ptnevents.com/conference/