Jennifer Pallanich, senior technology editor, Hart Energy: I'm Jennifer Pallanich, senior technology editor for Tech Trends with Hart Energy Live at CERA Week by S&P Global. I'm here with John Markus Lervik to hear his insights about data trends.
John Markus Lervik, chief strategy and development officer and co-founder of Cognite: A lot of people have really underestimated the industrial data problem. They've tried to fix it per-use case, but you need to do it through a more robust data architecture, or what is called now data ops or data operations, where you're able to actually unlock data from the data silos, from the OT [operational technology] industrial systems and the IT systems. Make it available in a unified way so you can deploy and scale out use cases efficiently. IT cybersecurity for IT systems is a pretty mature area, but going into industry on what's called OT cybersecurity is still in its early days, and that's really a problem we need to solve.
And of course part of it is technology, but also a key part of it is how we educate our employees. Nobody, not an individual oil and gas company, nor a technology company, can do this alone. So you need to create ecosystems of collaborations. It's important both for profitability, but also for sustainability. A lot of this is around optimizing—how you can produce more using less emissions, less CO2 while you produce even more.
JP: And that's Hart Energy Live’s Tech Trends with me, Jennifer Pallanich. Every Tuesday we'll have a new episode drilling into the tech that fuels the oil patch at hartenergy.com/ep.
Recommended Reading
Mexico Pacific Working with Financial Advisers to Secure Saguaro LNG I FID
2024-10-23 - Mexico Pacific is working with MUFG, Santander and JP Morgan to arrange the financing needed to support FID and the anchor phase of Saguaro Energía LNG.
Woodside Reports Record Q3 Production, Narrows Guidance for 2024
2024-10-17 - Australia’s Woodside Energy reported record production of 577,000 boe/d in the third quarter of 2024, an 18% increase due to the start of the Sangomar project offshore Senegal. The Aussie company has narrowed its production guidance for 2024 as a result.
Baker Hughes Wins Contracts for Woodside’s Louisiana LNG Project
2024-12-30 - Bechtel has ordered gas technology equipment from Baker Hughes for the first phase of Woodside Energy Group’s Louisiana LNG development.
Venture Global LNG Files Paperwork for IPO
2024-12-20 - Venture Global LNG filed initial paperwork for an IPO on Dec. 20, about a week after the company’s Plaquemines LNG facility started production.
BP Profit Falls On Weak Oil Prices, May Slow Share Buybacks
2024-10-30 - Despite a drop in profit due to weak oil prices, BP reported strong results from its U.S. shale segment and new momentum in the Gulf of Mexico.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.