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May 20, 2022updated 27 May 2022 8:08am

Louder than words: the new issue of Offshore Technology Focus is out now

In this issue: the threat of greenwashing, the role of Vietnamese oil and gas and two years of Covid-19.

By JP Casey

Considering the environmental destruction wrought by many of the world’s oil and gas facilities, it would be reasonable to applaud any commitments regarding environmental protection made by industry leaders. Yet some of these pledges and promises appear insincere upon closer inspection, and have led to the phenomenon of greenwashing across the sector, where minimal environmental commitments are promoted excessively, to draw attention away from a company’s more destructive activitites.

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How is AI impacting the future of Oil and Gas?

Oil & Gas companies collect exceptional quantities of data, but a large share of it goes unused. Harnessing the power of this data could deliver companies from the downturn and position them for long-term success. Artificial intelligence (AI) is the best tool for the job. GlobalData’s AI in Oil & Gas Thematic Research report provides you with an in-depth lens into the impact of artificial intelligence on the industry. We highlight both the challenges and opportunities associated with the innovative technology now, and in the future. Our report also covers:
  • Major players and companies
  • Market size and growth forecasts
  • Case studies
  • Sector scorecard
The Oil & Gas AI market was worth $2.1bn in 2020, and it will have doubled in size by 2024. With companies seeking carbon neutrality within the next three decades, industry-wide upheaval is inevitable. There is a profound opportunity for companies to excel by using AI in bold new ways. Ensure your company is proactive in adapting strategies and processes to help you remain competitive. Download the full report to get ahead of the competition.
by GlobalData
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Greenwashing can not only affect the public image of a company, but also its legal status. With a spate of lawsuits made against oil and gas majors for failing to live up to lofty environmental commitments, we consider the potential fallout of the wave of greenwashing that has swept over the sector, and ask if, when it comes to climate pledges, actions speak louder than words.

Elsewhere, we assess the state of the oil and gas industry as a whole two years into the Covid-19 pandemic, and look at Vietnam as a potential oil and gas hotspot of the future.

Whether you are on a desktop, tablet or smartphone, you can read the magazine for free online, and join the conversation on Twitter.

In this issue

Climate claims and greenwashing: the tightening net on supermajors’ climate commitments

A new report supports arguments that oil and gas majors’ actions do not match promises when it comes to decarbonisation. Scarlett Evans considers what is being done about greenwashing.

Read more.

Covid-19 in oil and gas: two years on

It’s been two years since the pandemic began, with nations around the world coming to grips with its ripple effects and damages. Scarlett Evans investigates how oil and gas is faring.

Read more.

Proving ground, proving sea: inside Vietnamese oil and gas

While not a traditional oil and gas heavyweight, Vietnam has emerged as a potential player, with Asia’s third-largest reserves of oil. Giles Crosse asks if the country could be a proving ground for new offshore innovation?

Read more.

What can digitisation do for the oil and gas supply chains?

Scarlett Evans explores how oil and gas is seeking financial savings, environmental benefits and safety improvements through technology innovation.

Read more.

Toxic gas: the destruction of Gazprom’s image

Matthew Farmer investigates how Russia’s largest oil and gas company has seen its brand tarnished and deals abandoned as a result of the invasion of Ukraine.

Read more.

A post-invasion landscape: the geography of oil and gas after the Ukraine conflict

Scarlett Evans looks at how Russia’s ongoing incursion into Ukraine has changed the oil and gas landscape, and which nations are expected to pull ahead to meet demand.

Read more.

A $20m boost: how subsea digital tools can advance offshore automation

Scarlett Evans speaks to Simon Miller, managing director of subsea surveyor Rovco, about the group’s AI tools and what a recent funding round means for its future.

Read more.

Next issue: small-scale developments

Could new offshore facilities make or break the global sector? With oil and gas fairly receiving considerable criticism for its environmental footprint, a new wave of smaller-scale projects could deliver energy security on a local level, and minimise the sector’s environmental damage. We consider the potential of these localised developments.

Related Companies

Free Report
img

How is AI impacting the future of Oil and Gas?

Oil & Gas companies collect exceptional quantities of data, but a large share of it goes unused. Harnessing the power of this data could deliver companies from the downturn and position them for long-term success. Artificial intelligence (AI) is the best tool for the job. GlobalData’s AI in Oil & Gas Thematic Research report provides you with an in-depth lens into the impact of artificial intelligence on the industry. We highlight both the challenges and opportunities associated with the innovative technology now, and in the future. Our report also covers:
  • Major players and companies
  • Market size and growth forecasts
  • Case studies
  • Sector scorecard
The Oil & Gas AI market was worth $2.1bn in 2020, and it will have doubled in size by 2024. With companies seeking carbon neutrality within the next three decades, industry-wide upheaval is inevitable. There is a profound opportunity for companies to excel by using AI in bold new ways. Ensure your company is proactive in adapting strategies and processes to help you remain competitive. Download the full report to get ahead of the competition.
by GlobalData
Enter your details here to receive your free Report.

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