If you’re employed in the upstream oil and gas industry, no one needs to tell you that your industry has got a value-creation problem. Shareholder returns have declined for the past 10 years, so, no one can blame the problem on the COVID-19 crisis, either. So what will save your industry? Boston Consulting Group has a solution, and if you’ve been paying the least bit attention, it probably won’t surprise you: Digitization. In this special report, the BCG go over the Digital Acceleration Index survey results, which suggest that the push for digitization is more urgent than ever before.
About the Authors
Mauro Castilhos is a Senior Knowledge Analyst in BCG's Madrid office. Marie-Hélène is a Managing Director & Partner in the Houston office. Håvard Holmås is a Partner and Associate Director and Sverre Lindseth is a Principal in the Oslo office, and Sylvain Santamarta is a Managing Director & Senior Partner in Amsterdam.