ABOUT THIS WEBINAR

Oil & Gas

Positive Profits in a Net-Zero World: AI's Role in the Future of Oil & Gas

 

Webinar Summary

The global demand for clean energy is rapidly increasing, with projections indicating that the world will add as much renewable power in the next five years as it did in the past 20. This surge is driven by various factors, including energy security concerns due to geopolitical conflicts, economic uncertainties, and the urgent need to address climate change.

In response to the 2030 Agenda for Sustainable Development set forth by the United Nations, oil and gas operators are setting aggressive goals to reduce fossil fuel consumption and greenhouse gas (GHG) emissions. Achieving these goals requires leveraging data and AI to optimize operations, enhance productivity, and reduce emissions while maintaining profitability.

IN THIS WEBINAR YOU WILL LEARN:

SparkCognition explains how leading oil and gas companies utilize AI to gain a competitive advantage in their sustainability efforts. Topics covered will include:

  • Reducing failure rates of aging assets by up to 20% and increasing uptime by as much as 5%.
  • Identifying sub-optimal equipment needing maintenance or replacement that are significant sources of avoidable emissions.
  • Reducing alert fatigue by up to 98% and improving worker productivity.
  • Implementing new workflows to operate electric- and fossil-fuel-powered assets side-by-side simultaneously.
  • Leveraging computer vision for real-time safety improvements and minimizing work stoppages that can result in unnecessary emissions through activities such as flaring.


Watch It Now

Positive Profits in a Net-Zero World: AI’s Role in the Future of Oil & Gas is available on demand. Join us to discover how AI is being harnessed by oil and gas companies to drive operational excellence, reduce emissions, and achieve sustainable energy solutions. Hear about real-world examples and learn from industry leaders already utilizing AI for a greener future.

SparkCognition is committed to compliance with applicable privacy laws, including GDPR, and we provide related assurances in our contractual commitments. Click here to review our Cookie & Privacy Policy.