We look forward to attending the International Petroleum Technology Conference (IPTC), from February 18 to 20, 2025, in Kuala Lumpur, Malaysia.
This one-of-a-kind event unites geoscientists, engineers, and industry leaders to explore breakthroughs in oil and gas, CCS, and digital technologies while advancing impactful decarbonisation strategies.
Kongsberg Digital will be represented at the event by Karen Sandberg, Vice President of Growth for APAC, and Haavard Oestensen, Chief Commercial Officer.
Are you interested in how a Digital Performance Model can boost asset returns? Join Haavard for insights during the executive panel discussion, "Facilities of the Future and Emerging Technologies for Sustainable Operation," or attend his presentation titled “Digital Performance Model-based Transformation Strategy Enables Significant Returns on Asset.” Don’t miss this opportunity!
To give you a sneak peek of what’s to come at IPTC, we sat down with Karen Sandberg for an exclusive Q&A.
Let’s dive in!
I look forward to discussions on how digital transformation will shape the future of oil and gas and the key factors for a successful digital transition. Engaging with customers, industry leaders, and colleagues always leads to valuable and meaningful discussions.
From a global perspective, President Trump's statement on traditional oil and gas in his inauguration speech is hard to overlook. Renewable energy sources are also expanding, with bold ambitions in the APAC region. Global energy trends range from the expanding adoption of renewables to an increase in traditional oil and gas.
Another significant trend I’m observing is energy companies embracing digital technologies such as AI and Digital Twins to enhance efficiency, sustainability, and safety— a shift I believe will continue to grow and remain integral.
The oil and gas industry is now undergoing a non-linear increase in complexity. We see this in the energy trilemma, the increase of energy system complexity, emergence needs for more collaboration and coordination, and how technology is positioned.
Seeing these challenges from an advanced technology company’s perspective, we in Kongsberg Digital are missioned to support our customers in energy sector to overcome the challenges through meaningful digitalisation.
AI is here to stay, and it's only speeding up. ChatGPT was a game-changer, but it hasn’t taken a long time before the next disruptive version come out. Technology is advancing at an exponential pace.
That said, it’s crucial to remember that AI for the sake of AI isn’t enough; it’s the value it brings that matters. For example, when we build our Asset Copilot in Kongsberg Digital, we challenge ourselves on how to introduce AI technology into the industrial setting to drive better decision-making, as studies have shown that company’s financial performance is 95% correlated to decision quality.
With more than 18 years of experience in the integrated gas, LNG and upstream industry, Haavard applies his industry, software and management consulting experience to help companies leverage advanced technology to achieve a higher order of performance. We can all look forward to hearing Haavard’s insights on how a Digital Performance Model-based transformation strategy can lead to significant returns on assets. As I mentioned in the previous question, decision quality is highly correlated to a company’s financial performance. Haavard has some compelling ways of demonstrating how our DPM approach would create hard value and increase your business performance. Don’t miss the chance to join his session! Join us at the IPTC, where Haavard will discuss DPM.
Visit us at Booth D501 – I genuinely look forward to seeing you there!
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