ASTANA ECONOMIC FORUM
May 18th
12:30 — 13:45
GVA Kazakhstan / VYGON Consulting /

ME of the Republic Kazakhstan

/
Digital world
Presentation
SMART FOSSIL FUELS. DOES THE INDUSTRY NEED TOTAL DIGITALIZATION?
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Recently, the introduction of digital solutions for production processes, has aroused massive interest, including in the oil and gas industry. Is this just: hype, or is it harbinger of fundamental changes? On the one hand, digital transformation yields advantages to a business due to the increases in productivity across all segments. On the other hand, there are risks of overproduction, competition in the international arena is growing, and the prospect of replacing human labour with robots is becoming more and more certain. How should an oil and gas business respond in these conditions? What signals should the state give to stimulate optimal technological development in the industry?

Albert Einstein
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