Developing Next Generation Petrotechnical Professionals in the Age of AI

2021 ◽  
Author(s):  
Armstrong Lee Agbaji
Keyword(s):  
Teaching And Learning ◽  
Oil And Gas ◽  
Energy Transition ◽  
Digital Transformation ◽  
Learning Needs ◽  
Next Generation ◽  
Business Decisions ◽  
Science Courses ◽  
The Future ◽  
The Right

Abstract The most common challenge facing the oil industry in the Age of AI is talent scarcity. As digital transformation continues to redefine what it takes to work in the industry, staying relevant in the industry will require knowledge and understanding of the underlying technologies driving this transformation. It also requires a re-evaluation of how next generation petrotechnical professionals are nurtured, educated, and trained. The human talent that is needed in the Age of AI is different, and simply obtaining a science or engineering degree will no longer suffice to survive and thrive in the industry. While it is vitally important that students continue to take fundamental engineering and science courses and learn industry-specific skills, we must recognize when an existing curriculum or way of teaching and learning has either run its course or has evolved. This paper examines how artificial intelligence will impact the training and development of the industry's future workforce and what organizations must do to retain existing talents while at the same time developing new ones, so they are not rendered irrelevant by AI. It proposes novel ways by which practical digital transformation and energy transition technologies can be integrated into core oil and gas education and training curriculum. It also outlines various innovative ways that academic institutions can join forces with industry to educate and train technical professionals, who, right out of college are sufficiently grounded to analyze, evaluate, and communicate data findings to drive better business decisions. For students and young professionals, it lays out the roadmap to readiness, and how to thrive in a digitally transformed world, as well as several ways to robot-proof their career and stay ahead of the curve. The task of training industry leaders of the future is enormous, sensitive, and demanding. The ability of next generation petrotechnical professionals to succeed in the digital age, and compete in a data-centric world, depends on their ability to develop, adopt, and apply next generation skills. Having the right mix of skills is not only essential to their success, it is critical to the survival of the industry. In the Age of AI, classroom learning needs to be deemphasized and experiential learning needs to be emphasized. The workforce of the future will be dominated by people with analytics skills and capabilities. Preparing next generation professionals for the future of work calls for a re-evaluation, re-design and recasting of the synergy between academia and industry. Universities and industry will need to routinely intersect to create symbiosis and enhance our educational system. Success will depend on sustained partnership and collaboration, not merely shifting the problem to one another.

Asset of the Future - Comprehensive Business Transformation Program

2021 ◽  
Author(s):  
Alexander Sitnikov ◽  
Sergei Doktor ◽  
Andrei Margarit
Keyword(s):  
Oil And Gas ◽  
Energy Transition ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Average Return ◽  
Debt Capital ◽  
Timely Response ◽  
The Future ◽  
Return On Capital ◽  
Traditional Approaches

Abstract In the recent years the oil and gas industry has started facing an unprecedented number of challenges. The average return on capital in the industry has deteriorated which results in investor mistrust and costs being higher than ever. Debt capital became two times costlier than for alterative types of energy. More conventional oilfields become depleted and new reserves are usually quite complex to develop. These and other challenges such as intense competition between oil and gas companies, the energy transition agenda as well as the volatility of oil prices in the aftermath of the pandemic are pushing the O&G companies to transform themselves. Gazprom Neft introduced the "Asset of the Future" program in late 2018 as a timely response which was aimed at completely transforming the Upstream business model. The main issue with the transformation was the scale of it, which included 10 subsidiaries (or subs) and more than 200 different processes. In this case traditional approaches such as improving each operation one by one would not suffice as the company sought a rapid and highly efficient implementation of changes. As such the program had to develop a new approach that focused on the integration of all business parts and continuous improvement. Integration of people, technology and processes will lead to better collaboration and as a result - to smarter decisions and better execution.

Buzios FPSO Experience: Standardization and Perspectives for Our Next Generation of Pre-Salt FPSOs

2021 ◽  
Author(s):  
Mattoso Marcio de Padua ◽  
Pimenta Maiza Goulart
Keyword(s):  
Production Systems ◽  
Digital Transformation ◽  
Complete Analysis ◽  
Next Generation ◽  
Business Decisions ◽  
H2s Removal ◽  
Standard Design ◽  
Production Wells ◽  
Removal Technology ◽  
Startup Period

Abstract The purpose of this article is to present a set of experiences and challenges related to the current Buzios FPSOs and the perspectives offered by these related experiences, which should drive further enhancements for next generations of pre-salt production units. Buzios field is a giant oil discovery located at Brazilian southeast coast and has four production systems already in operation: P-74, P-75, P-76 and P-77. Throughout these projects, Petrobras observed technical and business opportunities that are going to lead improvements for next generation of Buzios field's FPSOs. These include enhancements on high production wells, H2S removal technology, vessel standardization, digital transformation solutions, design procedures improvements and several measures to strength the integration between design, construction, commissioning and operation phases. During the construction, commissioning and startup period of the Buzios’ current installed units, Petrobras identified technical issues that should be addressed in order to add value to the next generation of Buzios’ FPSOs. These experiences point out to the need of technical design improvements and reviews such as: change in technology of H2S removal from solid bed to membranes; a complete analysis of hull capacities and dimensions and standardization of the vessel; and a set of standardization methods and processes to develop the basic design - including aspects of digital transformation. The result was a standard design project called Reference Project ("Projeto de Referência" in Portuguese) that intends to be a reference for new units to be installed in Buzios field. This design also intends to be the basis to other projects in order to allow faster business decisions.

Financing Net Zero: Addressing Technology Risk for Financial Investments in the Energy Transition

2021 ◽  
Author(s):  
John Young ◽  
Myrtle Dawes ◽  
Andrew Smith ◽  
Keiren Lake ◽  
Keith Lawton
Keyword(s):  
Financial Risk ◽  
Oil And Gas ◽  
Energy Transition ◽  
Critical Element ◽  
Novel Technologies ◽  
Net Zero ◽  
Readiness Level ◽  
Private And Public ◽  
The Uk ◽  
The Right

Abstract This paper discusses the challenges that must be addressed to support the financing of novel technologies needed to achieve the United Kingdom's stated goal of achieving net zero emissions by 2050. It identifies practical steps that stakeholders providing investment funding, as well as technology developers can take to drive net zero outcomes. The paper represents the first time such a diverse group of independent industry professionals have come together to explore financing challenges associated with the Energy Transition. Apart from the diversity of the authors backgrounds and expertise, a survey was conducted of 121 respondents from across the energy landscape while preparing this paper. The survey was launched to an international audience, however, respondents were largely from the oil and gas and renewable industries from both the UK and Europe. The paper seeks to align investors in technological developments and will enable them to more accurately value the risks of novel technology deployment. This requires developers to present their solutions in a manner that investors can understand, and which enables financial risk to be more accurately aligned with the Technology Readiness Level (TRL) approach. Another critical element is making sure the rush to develop newer technologies to achieve Net Zero takes into account the right Environmental, Social, and Governance (ESG) considerations. The ultimate goal of the paper is to begin a dialogue that will eventually lead to a shift in the way that private and public institutions think about financing nascent technologies.

Inspiring the Next Generation

2007 ◽  
Vol 01 (02) ◽  
pp. 05-06
Author(s):  
Tony Meggs
Keyword(s):  
Young People ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Next Generation ◽  
Gas Industry ◽  
The Past ◽  
The Future

Executive Perspective - Attracting, developing, and inspiring the talented young people who will lead the oil and gas industry into the future is one of the biggest challenges facing our industry today. Creating this future will be at least as exciting and demanding as anything we have experienced over the past 30 years.

Digital Transformation in the Teaching and Learning Process: Case Study of a School of the Future

2021 ◽  
pp. 1015-1025
Author(s):  
Pompeu Martins ◽  
Agostinho Pinto ◽  
Eusébio Costa ◽  
António Abreu
Keyword(s):  
Learning Process ◽  
Teaching And Learning ◽  
Digital Transformation ◽  
The Future

Data-Driven Insights from Nigeria's Natural Gas Data Using PowerBI

2021 ◽  
Author(s):  
Adenike Adejola ◽  
Omowumi Iledare ◽  
Paraclete Nnadili
Keyword(s):  
Value Chain ◽  
Industrial Revolution ◽  
Oil And Gas ◽  
Data Driven ◽  
Business Decisions ◽  
Gas Industry ◽  
On Demand ◽  
The Future ◽  
Gas Market ◽  
Data Tables

Abstract Each year, the Nigerian gas industry churns out big data on all channels of its value chain. The data is collated, analyzed, and reported by government agencies, corporate companies, institutions, and even academia. Some of these reports are the NNPC and DPR annual oil and gas reports. The annual oil and gas reports contain data tables, charts, and data driven insights. Considering the growing uncertainty in business intelligence triggered by the COVID-19 pandemic and the fast-paced 4th industrial revolution, the future of data reporting, analyzing, and presentation is also experiencing a new normal. Oil and gas stakeholders desire quick data-driven and actionable insights to reduce business risks caused by the impacts of these key drivers. This article explores and presents the use of Power BI on Nigerian gas data from 2000 to 2018. It extracts data on demand, production, utilization, gas flare volumes, export, current infrastructure capacity, domestic gas supply, and other relevant data categories. The collated data is developed into a dataset by appending and merging tables from the different reports. This data is prepared, and model relationships are created to answers questions on demand, production, infrastructure, and sustainability of the Nigerian Gas market. Empirical results show that new insights can be obtained from the dataset using new tools and a thoughtful data design process. These insights are presented on a dashboard where key takeaways for quick business decisions and policy implementations are easily assessed. The method is proposed as the future of annual energy reporting. It is also a continuous improvement process that can be applied by all oil and gas stakeholders in their data architecture.

scholarly journals University Library Directors in the Association of Research Libraries: The Next Generation, Part One

2001 ◽  
Vol 62 (2) ◽  
pp. 116-146 ◽  
Author(s):  
Peter Hernon ◽  
Ronald R. Powell ◽  
Arthur P. Young
Keyword(s):  
Data Collection ◽  
Academic Libraries ◽  
Aging Population ◽  
Academic Librarians ◽  
Library Directors ◽  
Next Generation ◽  
Research Libraries ◽  
Association Of Research Libraries ◽  
The Future ◽  
The Right

Using multiple means of data collection, this study identifies the attributes that present and future directors of the academic libraries in the Association of Research Libraries need to possess. Present-day directors must possess a wide variety of attributes and are less likely to remain in the same position for as many years as their predecessors did. With the aging population of academic librarians, matching the right individual with the right institution is likely to be increasingly difficult in the future.

scholarly journals Significance of Technology and Digital Transformation in Shaping the Future of Oil and Gas Industry

2021 ◽  
Vol 12 (3) ◽  
pp. 3345-3352
Author(s):  
Shubham Parsoya Et.al
Keyword(s):  
Artificial Intelligence ◽  
Big Data ◽  
Internet Of Things ◽  
Data Analytics ◽  
Oil And Gas ◽  
Big Data Analytics ◽  
Oil And Gas Industry ◽  
Digital Transformation ◽  
Gas Industry ◽  
The Future

Digital transformation in the field of oil and Gas industry is already a significant impact creator. It is actually act like catalyst through which the overall functionality of the oil and gas industry get enhanced and the overall output with the help of technologically-advanced mechanism, increased up to manifold. In the present scenario, the over-all quest is not just about the volume of the oil and petroleum, but it is also regarding the overall value generated throughout the process. And such enhanced level of value generation is taking place with great pace with the help of enhanced level of implementations of different types of technologies in different type of activities related to the oil and gas industry. In the present scenario, oil and gas industry’s business model is no longer depending upon just the inflated and narrow based value-chain mechanism. It is actually depending upon the almost all modernized and futuristic technologies. The modern technologies include big data analytics, 3D printing technology, cyber security, digital marketing, Artificial Intelligence, Internet of Things, drone technologies, database management system, etc. all these technologies are not only supports in handling the overall business capability of the oil and Gas Industries, but also eliminate the overall negative impact generating elements. With the help of technologies and digital transformation, the overall profitability of the oil and gas industry enhanced. Digital transformation is a prominent and significant impact creator which is not limited to the oil and gas industry, but also reaching up to the all-global level Businesses. It is transforming the overall business operations by enhancing the speed of innovation and making the use of practical knowledge base which ultimately enhance the overall power of operations and increase efficiencies. With the emergence of digital transformation technologies especially with the emergence of big data analytics, the Internet of Things and Artificial Intelligence have supports several types of innovative and new ways of developing and transforming the overall market as well as the customer satisfaction in significant manner. All such innovative technologies and digital transformations are contributing significantly in shaping the future of oil and gas industry

scholarly journals Pengembangan Media Interaktif Pengembangan Media Interaktif Berbasis Game Edukasi dalam Meningkatkan Kreativitas Guru Sekolah Dasar di Masa Pandemi Covid-19

2021 ◽  
Vol 5 (02) ◽  
pp. 63-69
Author(s):  
Fattachul Huda Aminuddin ◽  
Teuku D Djauhari ◽  
Merty Megawati M.Pd
Keyword(s):  
Learning Process ◽  
Digital Technology ◽  
Teaching And Learning ◽  
Learning Needs ◽  
Lecture Method ◽  
Diverse Learning ◽  
Interactive Training ◽  
Teacher Creativity ◽  
The World ◽  
The Right

The presence of the Covid-19 Virus in the world has not only changed the learning culture, but has become a new challenge in developing teacher creativity in the teaching and learning process. This conventional learning pattern that has evolved into technology-based distance learning requires teachers to be able to adapt and adapt to the limited learning needs of students during the pandemic. Digital technology tools are currently very developed, but they are enough to help educators to adapt to the diverse learning needs of today's students. So it is necessary to use the right learning media in carrying out learning during the pandemic. This training aims to train abilities and skills in increasing the creativity of teachers in using interactive learning media during the pandemic using the Quizizz platform. Quizizz is an interactive game-based online platform that can be used in a fun teaching and learning process during the Covid-19 pandemic by utilizing an Android smartphone. The method used is the lecture method and interactive training by involving the teacher as a simulation model.

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