Oil and gas sector must embrace digital world

(3 minutes to read)

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According to a recent report by Fircroft, oil and gas operators must embrace new technology to ensure the industry continues to progress forward.

The analysis looked at what the impacts of digitalisation will be and what industry operators need to take note of for their own workforce requirements:

Rise of new skillsets

The multitude of new technologies coming into force will require workers with skillsets that have previously not been found in the industry. Consequently, oil and gas operators will need to focus on how to source data scientists, machine learning specialists and those who will operate future digital oilfields.

Redefinition of existing roles

While talk of advanced technology can often bring panic around jobs dissolving, digitalisation can bring positive change to empower businesses. Employers incorporating automation can enable workers to make better use of their time and increase productivity.

New ways of managing the workforce

Digitalisation does not just apply directly to oilfield operations – it will also apply to the human resources functions of oil and gas companies. Advanced analytics and business intelligent software is already being used to generate large-data sets about workforces – this can help HR teams to gain an unparalleled insight into employee motivations, increase engagement and identify the key drivers behind performance and retention for a better workplace environment.

Safer workforce 

Digitalisation can also lead to safer environments for workers thanks to the automisation of physically dangerous tasks and digital oilfields, meaning fewer workers will be placed at risk.

Dhiren Shantilal, Board Director at Fircroft, commented, “Far from being immune to change, the oil and gas industry is constantly evolving, but now with digitalisation, it has the opportunity to further redefine itself. The likes of artificial intelligence, and automation can offer the efficiency that companies need in order to act receptively to energy demands. By using a structured approach to assess the potential impacts on the workforce, it’s clear through our analysis that if companies can embrace and exploit digital technology for improved performance then they will reap the benefits in the long run.”

“Oil and gas industry hiring managers will have to consider the need for new skillsets and talents to match the new technologies. There will also be a need for the existing workforce to consider how they can update their own skillsets in response to technological evolution. Digital technology when implemented correctly, can offer companies a productive workforce, enable growth and revolutionise the oil and gas industry for the better.”

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