Energy & Infrastructure Insight by Shearman & Sterling
In the United States, we examine how offshore wind presents a significant opportunity for local economic growth and job creation. They also consider the new bipartisan Senate infrastructure bill that emphasizes reauthorization, research, resilience and reliability. If passed, this bill will provide more than $1 trillion in improvements to the nation’s physical infrastructure. Read more here.
Digital Roadmaps – Comparing The Steps Taken By Energy Giants
Many of the household major oil and gas companies have begun shifting their market position to better prepare for the impending climate revolution. This energy supply shift has been imagined in several scenarios, which in essence are distilled to: our current path, our stated path and the necessary path needed to reach net-zero emissions. Inevitably, the stuttering and profiteering has led us to the brink and now we, as a global society, must rely on our ingenuity to restore the planet to a stable state.
Easier said than done, of course, however making this process possible is the integration of advanced digital technologies into robust, legacy mechanical technologies. The rise of this digitalization has been known in the industry, as Oil and Gas 4.0 – referring to the technological era of the 4th Industrial Revolution.
Digital Twins – Virtually Reflecting The Physical
Energy companies have engaged in developing the concept of ‘digital twins’ – a digital model that reflects the physical. By integrating a network of sensors and monitoring equipment throughout a system, there can be a real-time oversight of operations and wider capabilities to analyse system efficiencies over time.
Executive Interview: Steve Edwards, CEO, Tailwind Energy
The Energy Council sat down with Steve Edwards, CEO of Tailwind Energy, to discuss how our industry will grow and innovate over the next few years.
Podcast: Andrea Course, Venture Principal, Shell Ventures
Andrea Course, Venture Principal at Shell Ventures joins the Investor Series Podcast to talk about Shell Ventures and its role in identifying and investing in start-up companies that can help Shell both to meet its emissions reduction targets and to accelerate the energy & mobility transformation. Listen to the full episode here.
Podcast: Ben Heinzelmann, President, Energy Domain
Ben Heinzelmann, President of Energy Domain came onto the podcast to walk us through the evolution of the Minerals Management space and how his team has continued adding value to their minerals clients through the launch of Energy Domain and Energy Freelance. Listen here.
Innovation Digest: Axora Summer Series – EP7 Innovation Round-up
This week, the Energy Council’s Jack Ingram is in the guest seat with Ritz Steytler, CEO of Axora to discuss what he has learned from the series. Listen in to find out what’s preventing energy companies from going digital and how the sector will change in the next three years. Listen here.
Innovation Digest: Axora Summer Series – EP6 Regulating the Energy Transition
John Seabourn, the Chief Digital Officer at the Oil and Gas Authority, sits down with the Energy Council’s Jack Ingram to share how the regulator is strengthening relations with operators and spurring digitalisation in a big way. Listen here.
Innovation Digest: Axora Summer Series – EP5 IIoT: Better Data, Faster ROI
Energy Council’s Jack Ingram is joined by Alexander Lubchansky, Business Development Manager at Tyrion to discuss how easy it is to adopt technology and how operators can make the most of their deployments.. Listen here.
Innovation Digest: Axora Summer Series – EP4 Cloud and Proud
Energy Council’s Jack Ingram is joined by Jason Olbekson, Salesforce’s Global Industry Director of Oil and Gas to describe how cloud platforms are helping oil and gas companies digitalise everyday operations. Listen here.
Innovation Digest: Axora Summer Series – EP3 Two Little Letters, BIG Impact
Energy Council’s Jack Ingram is joined by Harry Cassar, former Technology Director at BP to discuss why overstating the impact of the technology is harmful and what companies need to do to reach full AI maturity. Listen here.
Innovation Digest: Axora Summer Series: EP2 Safe and (Cyber)Secure
The Energy Council’s, Jack Ingram sits down with Legacy Technologies Co-Founder, Gil Birger to find out how to control risks while taking advantage of the latest digital technology. Listen here.