Digitalization: Maximize assets with a digital investment framework for oil and gas
Oil and gas investments are diversifying as the industry leans toward a more digitally conducive environment. Asset analysis was initially evaluated based on an asset’s technical parameters, pricing and operationality. In this new digital world, however, variables such as service quality, innovation, compliance, flexibility and scalability require quantification. Refinery data continues to be critical to evaluate investments, but is often incomplete.
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The Authors
Shong, F. - EY Oil and Gas, Ernst & Young LLP, Chicago, Illinois
Fay Shong is a Partner based in Chicago and is the Global Digital Solutions Lead for the EY Oil and Gas practice of Ernst & Young LLP.
Chung, W. - EY Oil and Gas, Ernst & Young LLP, Los Angeles, California
Winston Chung is a Senior Manager based in Los Angeles and focusing on digital and corporate M&A strategy for Ernst & Young LLP.
Thapar, R. - EY Oil and Gas, Ernst & Young LLP, New York, New York
Rohan Thapar is a Consultant based in New York and focusing on digital turnaround for top- and bottom-line growth for Ernst & Young LLP.
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