Offshore

Oil industry can save USD 75 billion annually with digitalization

Improving digital solutions and leveraging big data could produce massive annual billion dollar savings for oil companies, says energy consultancy Wood Mackenzie.
Photo: Ritzau Scanpix/Mads Claus Rasmussen
Photo: Ritzau Scanpix/Mads Claus Rasmussen
by LOUISE VOGDRUP-SCHMIDT

The oil industry can save upwards of USD 75 billion per year by implementing digital solutions in a number of areas in the value chain.

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