Wednesday 9 October, 15.00 – 17.00 hrs. | Energy Plaza
In a high risk, high cost environment the offshore industry has historically been synonymous with sticking with methodologies that it knows works. At a global level this mindset has traditionally created a slower rate of new technology implementation compared to other industries. However, that it is changing, with the pace of new technology being adopted within the energy industry accelerating. A lower oil price, the demand for an energy transition and the impact of increasing access to information are all contributing factors to this fundamental change in the industries openness to drive change.
"Historically the offshore sector has benefited from inventions that have been developed by the other industries such as the aerospace and medical science industries to name a few" said Julian Manning the Session Moderator and Chief Executive Officer at Paradigm Group B.V. "With the offshore business having the need to adapt and with R&D budgets being tightened in many areas, exploring technologies that are adopted in other industries is a proven pathway of consideration. During this session, we will have four organizations that are in a different state of transitioning technologies participate. We will discuss how adoption of a technology from another industry can generate value and help to get to market quicker and more efficiently providing firm examples of success. With shared learnings, a higher start position in a technology gate process and implementation knowledge, cross industry technology adoption stands out in many ways as the logical route to solving industry problems for all organizations whatever the stage of technology development they are at.
Moderator: Julian Manning, Chief Executive Officer, Paradigm Group B.V.