How Oil & Gas Companies Can Best Leverage Digital Transformation To Navigate The “New Normal”

The Oil & Gas industry witnessed an immediate drop in demand and prices along with an oversupply of product as a result of the COVID-19 pandemic. Although the industry has begun to recover, this “New Normal” economy will require Oil & Gas companies to reinvent themselves, leveraging Digital Transformation to achieve their productivity and profitability goals. In this podcast, ARC Vice President Craig Resnick interviews Harpreet Gulati, Head of the Planning and Operations Business Unit at AVEVA, to discuss the major issues Oil & Gas companies are facing due to the simultaneous pandemic and oil market instability, how technology can help these companies recover in both the short and long term, how will companies that are mature in their Digital Transformation journey handle this situation, and what steps can companies that lag in their Digital Transformation journey take now to seek faster recovery and minimize the impact of the “New Normal”.