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Operators, service companies, EPCs, and industry stakeholders need to increase their level of awareness and understanding of blockchain. As shown in ongoing pilots, blockchain is being applied to commodity transport, JV Management and Seismic Data Management, with many more applications being investigated.
The conference will highlight opportunities to create industry solution frameworks and guidelines, leveraging blockchain technology to reduce costs, improve timelines and eliminate disputes in any given process.
A key focus of the 2021 conference is blockchain as an enabler for carbon mitigation - the generational driver for oil and gas companies today.
In partnership with Blockchain for Energy, composed of giants of the industry such as Chevron, ConocoPhillips, ExxonMobil, Hess, Pioneer Natural Resources, Repsol and Worley, this year's conference will again explore ways to tap into the transformative properties of blockchain technology, to streamline operations and increase productivity.
The energy sector is one of the foundations of today’s modern society. On the way to greener and more efficient systems, blockchain technology will play a significant role in optimization and cost efficiency boosting of the whole market.
The Oil & Gas industry continues to operate in challenging times with compressed margins, reduced resources and funding and an ever pressing need to find, extract, produce, and refine hydrocarbons more cost effectively.
Blockchain is part of the solution.
BENEFITS OF BLOCKCHAIN
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