The integration of geosciences and engineering disciplines has been always an overarching focus to upstream business organisations to drive business outcomes. As the global demand for sustainable energy with net zero emissions ambition is growing, and with the 4th industrial revolution causing a technological collision of forces; physical, digital, and virtual, this focus has reached an entirely new level of value creation within the innovation process. We see upstream business taking an ‘outside-in’ approach to orchestrating end-to-end integrations through a dynamic network of stakeholders, applications, processes, and most importantly data to try to push towards an ecosystem of value creation that goes beyond a simple integration of disciplines. A prime example where geosciences and engineering can work in synergy is simulation and modelling. It is our principal mechanism for the accurate location of hydrocarbons, their optimal production, and soon their decarbonisation.
This panel session shall address questions like: what does it take to transform the upstream business to influence change and enable multi organisations to design, deploy, operate, and optimise its collaborative environments towards agility and effectiveness? How can geosciences and engineering leadership fuse the fundamental disciplines together in a digitalised era? How can they empower organisations to bridge gaps for faster integrated application, business process optimisation with improved agility, and identification of new digital revenue streams? What can we do to sustain collaborative business experience through seamless commitment to mutual success and help the upstream businesses implement growth strategies, leverage technology, and thrive through the power of collaboration? Do geosciences and engineering disciplines have common algorithms that can be combined? What can we do to reduce duplication of work if such algorithms exist?