Next Generation IoTs in the Oil and Gas Industry

Session Abstract:

The Oil and Gas (O&G) industry have critical needs for a wide range for applications across the whole value chain. IoT technology development began more than 15 years ago in the O&G industry, long before the IoT term was coined. While there have been many rapid advances then, the progress of the technology has slowed significantly and the industry is still using first generation technology. The industry needs to take IoT technology advances and take IoT to the next generation, to meet its critical needs. In this presentation we will present a brief history of IoT technology in O&G and discuss what is needed to take IoT technology to the next phase to deliver value and see widespread rollout.

Speaker:

Hatem Nasr Ph.D – A leading expert in Upstream Digital Oilfield (DOF), strategy definition and systems design of DOF systems for: production management, automation, IoT, workflow automation, field development, waterflood management, integrated asset management, and smart operations. His experience spans over 27 years in the energy industry, as a company executive, entrepreneur, and senior advisor the C-suites on Digital Strategy. Before joining Softserve, Hatem has been a senior advisor on strategy, technology roadmap and projects execution to several multinational companies across the world (IOCs and NOCs). He has been involved in more than 14 Digital Oilfield projects around the world with major oil companies, including: KOC (led DOF with budgets over $200 Million), Shell, Chevron, Saudi Aramco, ADNOC, PDO, Pemex and many others. Published over 30 articles and hold several patents. Previously, he was a co-founder of a leading Digital Oilfield start-up financed by Shell Technology Ventures and Director of Advanced Technology in Baker Hughes.