Insight

Oil and gas CEOs say new technology creates opportunities

Regina Mayor says artificial intelligence and robotics could improve oil rig safety and identify problems before they arise.

By Megan Dubrowski

New technologies can provide significant value to a heavily process-oriented industry, like oil and gas, and if implemented correctly have the potential to even save lives.

 

Oil and gas CEOs have begun to see these opportunities and invest, but recognize there is work to be done.

Eighty-five percent of oil and gas CEOs report they’re piloting AI or have already implemented AI for some processes. However, only 59 percent feel their organization is an active disruptor in their own sector, and 57 percent feel that the lead times to achieve significant progress on transformation can be overwhelming, according to KPMG’s 2018 Global CEO Outlook.

Read on to hear more from oil and gas CEOs.

The news release is here.

For additional information or to arrange interviews with Mayor and other KPMG leaders, please contact Megan Dubrowski.

 

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Media kit

About Regina Mayor

News release about the survey

 

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