Digital technology promises to deliver operational efficiencies across multiple disciplines in the upstream value chain. Thus, directly influencing break-even OPEX and  CAPEX, operating costs, recovery factors, faster leaner field developments, and infrastructure requirements. In Brazil, changes in regulation, ownership and incentives are encouraging the appetite for risk, ranging from the new prolific ultra-deepwater pre-salt to the established mature fields. Digital technologies can deliver innovations and efficiencies across all these assets.

The application of these technologies is not just about the technology delivery and integration but also how we run our operational assets. It is about how we implement advanced Digital Technologies enhance the way we run our core operational processes (Production, Drilling, Maintenance etc.), but how are people work and how our organization and governance is aligned to deliver the changes we need to maximize the value from the use of these technologies.

Digital transformation is as much about simple developments centered on transforming work functions and architecture (e.g. Business Intelligence, Logistics, Project Management, Data Analytics) to the more complex (e.g. Risk Management, Safety & Human Factors, Asset Integrity & Lifecycle management). From deepwater offshore to mature assets onshore Brazilian E&P has all of these requirements with major players to smaller opportunistic disruptive enterprises developing technologies and addressing needs.