With sagging profits, disturbing bankruptcies and falling stock prices, most experts in the oil and gas sector believe it’s time that oil and gas companies revisit their strategies and practices.
Consequently, oil and gas organizations are embracing technology to reshape their operating landscape and reap the benefits of improved productivity, higher efficiency and increased cost savings.
For many companies in this oil and gas transformation, the endgame has become a race against time, a move to completely transform operating models digitalizing core and support functions.
The challenge for the oil and gas industry is to both engage and adapt to a changing policy and investment landscape, but also to evolve in ways which don’t simply support but contribute and perhaps even lead efforts to decarbonize the energy system.
Some would argue that digital transformation of the oil and gas industry is no longer a choice.
At this point, if any company underneath the industry umbrella (production, engineering, construction, just to name a few) has not converted in some way, they are not only late to the game, they are more than likely on their way out of the game.
The AI and Machine Learning capabilities on the market today are many. Every effort must be made to dissect the inner workings of an oil and gas discipline and figure out which company cannot only meet, but exceed, their needs.
Want to learn more? Tonex offers Oil and Gas Transformation Mini MBA, a 5-day workshop that surveys the core curriculum covered in most university-level graduate business programs as well as fundamental leadership and technology courses that are relevant to the oil and gas industry.
Our Oil and Gas Transformation Mini MBA offers an overview of the key concepts, tools, and techniques that are required to succeed in today’s challenging wireless industry.
Tonex also offers several more Mini-MBA programs:
For more information, questions, comments, contact us.