Prolonged low oil prices environment is making oil companies speed up the digitalisation of processes to push down operating costs, save billions of dollars, promote transparency and optimise value creation. Process digitalisation involves the use of digital data and technologies to transform existing business processes into more efficient, optimised, more profitable, streamlined and value-adding operations…for further reading, click on https://businessday.ng/energy/oilandgas/article/oil-companies-eye-billions-in-savings-on-process-digitalisation/
Source: BusinessDay Newspaper Sept 14, 2020.