In a compelling presentation at Kongsberg Digital’s Tomorrow Show – Houston, Hema Prapoo, Microsoft's Worldwide Oil and Gas Leader, shared vital insights on how artificial intelligence (AI) can accelerate the energy transition. With her extensive background in the oil and gas industry, Hema brings a wealth of experience in digital transformation and decarbonisation.
Hema began her talk by encouraging the audience to reflect on their pre-COVID work routines compared to today, emphasising the evolved maturity of digital tools that now empower the energy sector. Despite ongoing geopolitical and economic changes, she noted that the energy industry had been relatively stagnant, revealing the pressing need for innovation and integration of diverse energy sources.
The demand for energy is projected to increase by 50% by 2050, particularly due to population growth in regions like Africa. Hema highlighted that current practices, such as the flaring of 7% of natural gas due to aging infrastructure, cannot continue. She called for a collaborative approach within the industry to rethink traditional silos and ignite innovation.
Hema outlined Microsoft's strategic goals: to procure all its carbon from carbon-negative sources by 2030 and to eliminate all historical emissions since its inception in 1975. This commitment underscores the company’s role as a leader in decarbonisation efforts and partnerships within the energy sector.
The application of AI in the industry is not just theoretical; it's already making a significant impact. Hema mentioned the reduction of permit processing times for nuclear power plants from several years to as little as six months through the use of AI, showcasing AI’s potential to expedite essential processes in energy production.
With a focus on collaboration, Hema praised Microsoft's partnerships, particularly with Chevron and Kongsberg. These alliances have transformed Chevron’s operations by migrating them to Microsoft's Azure platform, creating a more scalable and efficient digital backbone for their business. The presentation also highlighted the Northern Lights project—an ambitious cross-border CO2 transportation and storage initiative involving major players in the industry that emphasises collaboration over competition.
Finally, Hema stressed the importance of not only modernising the energy sector but also attracting a new generation of talent, who are often more adept with technology than their predecessors. Changing the external perception of the energy industry is crucial to showcase that it can produce energy while prioritising cleaner practices.
Hema concluded the presentation by reaffirming her commitment to advancing the energy transition through digital innovation and partnerships, leaving the audience with a call to action to think differently about their roles in this ever-evolving landscape.
Overall, her insights frame a hopeful picture of the future where AI and collaboration will drive the energy sector toward a more sustainable and efficient model.
Schedule a demo to see the benefits for yourself