Organisational Management System in the Digital Transformation Era

Abstract

Oil and gas operators embark on a digital transformation journey in order to maximize their value from every barrel and deliver their greatest possible return to the shareholders in order to meet the world's growing demand for energy. To achieve this, the organization must come up with their new growth strategy that will be sustained through active engagement with the employees and stakeholders who are core to the development and sustainable implementation of their integrated strategy. To align with this strategy, the organization must set up a DOF (Digital Oil Field) organization to identify and implement digital opportunities across the company. During execution, the DOF organization is often faced with multiple challenges to realize the digital vision. To understand these challenges and pain points a detailed study was conducted to assess the maturity level of the DOF organization. Discussions were held with key stakeholders from various departments focusing on their current challenges and pain points of DOF organization. The current state analysis is a combination of inputs received during discussions and through supporting documents. This paper highlights the common practices and pain points of an organization and provides recommendations for improving their future mode of DOF operations through a unified management system framework. The paper also outlines a list of key goals, objectives, and KPIs along with key digital capabilities, enabling tools and technologies required for the organisation to realize their digital vision. To overcome the current challenges of DOF, a new operating model and organization structure has been suggested along with a defined set of operations. To set up the operating model and initiate operations, an indicative roadmap and implementation plan has been outlined highlighting a critical set of activities to be executed over the near term for the new digital organization to be fully operational.