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Sponsor s Content | Toward a Greener Future: Digital Transformation in the Energy Industry

Nagaraj Srinivasan, Senior Vice President of Landmark, Halliburton Digital Solutions, and Consulting, Halliburton In this Executive Conversation, thought leaders from TCS and Halliburton Landmark discuss digital transformation in the oil and gas business and describe some of the cutting-edge technologies that are helping the industry solve its most pressing problems. The oil and gas industry is no stranger to downturns; price wars and supply chain disruptions have occurred throughout its history. The current slump, caused by an extreme imbalance in supply and demand, was already underway before pandemic-related business closures pushed it into overdrive. But this time, additional forces are exacerbating the downturn. An increase in stakeholder demands to reduce emissions, declines in capital investment, the growth of renewables, an industrywide need to reduce costs, and shortages of the in-house technology skills needed to improve operations have all combined to create extraordin

MEED | Halliburton wins oil contract in Kuwait

US-based oil services company Halliburton has been awarded a contract from state-owned upstream operator Kuwait Oil Company (KOC) to work on maintaining and expanding digital systems in North Kuwait. In a statement, Halliburton said: “It will allow KOC to accelerate their data-to-decisions cycle by designing and operating digital twins of the field to automate work processes.” The project will use Halliburton’s exploration and production cloud-based subscription service called “DecisionSpace 365”. In its statement, Halliburton said this service “will help KOC engineers model, optimise and deploy intelligent work processes to plan, forecast and optimise production and asset operations”. Nagaraj Srinivasan, senior vice-president of Landmark, Halliburton Digital Solutions and Consulting, added: “We are excited to collaborate with KOC on their digital transformation initiatives and build on our previous work to increase reservoir recovery and production.

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