ANNOUNCEMENTS
Over the past few years, the global energy demand has been rising exponentially, from 8588 Mtoe (1995) to 13147 Mtoe (2015). With this, there is also an increase in the global GHG emissions. The industrial sector is of the sectors which contributes to the GHG emissions and the O&G sector contributes a total of 11% to it, therefore there is a need for sustainable solutions. A gradual shift to renewable resources and energy efficient technologies has already been adopted by many sectors in to reduce their carbon footprint and have fewer negative impacts on the environment. One of the methods to reduce GHG emissions is increasing Optimisation and Efficiency. Digitalisation is seen as one of the technological solutions to help reduce GHG emission as they can increase the efficiency and production of the O&G sector. The concept of digital platforms in the O&G sector is not only limited to handling and analysing big data. There are many suppliers of digital platforms in the market today which help the O&G industry, from surveillance to maintenance to optimisation of the entire operations. 18 digital platform provider companies were profiled to understand the role that they can play in the O&G industries. These companies were grouped into 4 categories based on similar technology and company type and their level of data type integration and sophistication were also looked at. Thereafter, a model was built by extracting the data for different asset types from different IHS Markit portals and company reports and several calculations were made in order to estimate the total percentage reduction in GHG emissions of the entire O&G sector through the use of digital platforms and about 6% of reduction in GHG emissions is expected.
Key words: Global energy demand; energy consumption; digitalisation; GHG emissions, efficiency increase.
