HomeMagazine2020April 2020, Vol. 247, No. 4Data-Driven Strategies for Prospering in a Changing Energy Landscape

April 2020, Vol. 247, No. 4

Features

Data-Driven Strategies for Prospering in a Changing Energy Landscape

By Michael Smith, Siemens Energy, and Matthew Watson, Siemens Management Consulting The energy landscape is undergoing a fast transformation, and the hydrocarbon value chain’s very fabric is being tested as it will continue to be over the coming years.    To help make sense of the changing energy landscape, Siemens prefers to explain the main drivers behind energy transformation using the 4-D model of “Decentralization, Digitalization, Decarbonization and Democratization”   Decentralization affects the midstream sector at both ends of the pipeline. Growth in unconventional upstream E&P has broadened the geographical dispersion of producing assets, and shorter production life cycles m

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