When you talk about disruptive technologies and how they are shaping the future of the oil and gas sector the focus is usually on upstream activities, but the downstream sector is also a fertile proving ground. As a sector, it has taken stock of what is being achieved by upstream operations as well as casting an eye over activities in other industries and is starting to formulate strategies.
Although he accepts the challenges, he still sees digital as one of the most impactful areas in his business over the next few years. “We are putting much weight on it,” he says. “We have got a handful of transformative technologies that we are working on.” Amongst the digital technologies in BP’s toolbox are cloud, chatbots, mobile and video
Looking to the cloud
Cloud is certainly not new; it has been around for almost a decade now. “Everyone has been working on cloud solutions,” Tookey explains. “It allows you to reduce your storage cost to almost zero. Processing costs are quite higher though but there’s enormous opportunity What you need to do is to bring data together. Not just your data, but your contractor’s data, your supplier’s data then fit into the whole Big Data conversation. We need to produce portals showing the data and undertake simple transformations on the data.