Following the success of last year's event, which attracted key professionals from the oil and gas industry and 125 Israeli tech companies for discussions on how novel digitalization and automation technologies can create value in the oil and gas industry, we are pleased to continue and deepen this important, business-oriented dialogue.
The oil and gas industry is in the midst of major transformations. The need to increase efficiencies and cut costs, to increase productivity and further exploit known reservoirs, and to comply with strict HSE regulations are all key drivers for major changes in the way the industry has operated in recent decades. In addition, be it because of regulation, public opinion, or a shortage of natural resources, it is clear that the future energy portfolio will have a higher share of sustainable resources in it. As a result, oil and gas companies are proactively seeking a transition path to become truly holistic energy companies.
Technology and innovation, and more specifically, digitalization and automation technologies are increasingly being deployed in the oil and gas industry, helping the industry to successfully address the challenges it faces. Technological breakthroughs in fields like energy storage and energy management have a key role to play in enabling and accelerating the transition to the future energy world.
Israel, known throughout the world as the "Start-Up Nation", is a global innovation hub, with the highest share, globally, of R&D investments as a percentage of GDP. Israel hosts over 300 R&D centers of multinational companies; for many, it’s the only R&D center out of their home countries. Israel has been traditionally strong in ICT-related technologies and today has a thriving ecosystem abundant in researchers, start-ups, accelerators, incubators, mature companies, MNCs, and investors in fields such as Industrial IoT, big data & analytics, AI & machine learning, deep learning, machine vision, AR/VR, scalable computing systems, cloud environment, unmanned systems, blockchain, industrial cyber security, and more.
In addition to the conference itself, new this year, the program will integrate a field visit to meet the Israeli innovation ecosystem. This will help decision makers from the oil and gas industry form first-hand impressions of the local ecosystem and deepen their understanding of how to effectively engage with it and the value they could generate as a result.
Israeli industry and its innovation capacities provide a unique opportunity to create immense value in the oil and gas industry. Clearly, this will happen only through dialogue and cooperation. The 2nd "Digitalization and Automation in the Oil and Gas Industry – Challenges and Opportunities" event, organized by the Israel Innovation Authority, is designed to do exactly that: create a focused and engaging forum for discussing the challenges the oil and gas industry is facing and innovative technologies that bear the potential to successfully address them.
Designated participants from the Oil and Gas / Oilfield Service companies include:
CTOs, CIOs, Corporate Technology Venture Units, VPs Innovation/Digital Transformation, VPs Operations, Senior Technology and Engineering Management, Directors New Energy Business
Designated participants from Israeli Technological companies include:
CEOs and CTOs of companies in fields related to industrial digitalization, industrial automation, industrial cyber security and new energy solutions, including: Industrial IoT, big data & analytics, AI & machine learning, deep learning, machine vision, AR/VR, scalable computing systems, cloud environment, unmanned systems, blockchain, industrial cyber security, energy storage, renewable energies, and energy management.
For PDF version of the Agenda, click here