DIGITAL TRANSFORMATION - AN APPROACH IN PETROLEUM INDUSTRY IN A LOCAL, REGIONAL AND GLOBAL CONTEXT

Abstract

In a new era where organizations in the oil and natural gas industry are increasingly focusing - in their business - on reducing expenses and increasing productivity, digital transformation is one of the key solutions in terms of streamlining technological processes in this sector very important for humanity. Digitization not only improves efficiency, but plays an essential role in the safety and security of exploration, exploitation and development in this field and beyond - it helps both to address other fundamental operational areas and to achieve the goal of reducing carbon dioxide emissions. In our view, oil and gas organizations need to understand that digital transformation is an important part of where the industry is headed. Organizations also have to deal with this big change, first of all they have to effectively manage the organizational change that digital transformation inevitably brings.