Expert Insight

Judy Marks, CEO, Siemens USA
While previous industry revolutions gave industry new tools, the fourth revolution gives us new knowledge. Every day, the keeper of this knowledge – the internet of things – is adding five million new devices (we’ll go from today’s 8 billion connected devices to a trillion by 2030). Yet at the same time, the industrial world is still only in the very early stages of tapping into this new intelligence: While 90 percent of the world’s data was created in the last two years, only a miniscule portion of this data has been analyzed or used.
David Baker, Tom Bartlett, Richard Jones, and Paul Griffin, White & Case
Historically, the attitude towards decommissioning disused offshore oil and gas platforms—'abandonment' as it was previously known—has been largely negative, with companies viewing mature installations as a burden rather than an opportunity for a new source of revenue. But the mood has changed.
Richard Norris, Oil & Gas Advisor,, Helios Investment Partners
Maybe there was a certain pride, nay, smugness around the O&G industry a few years ago... and despite the last 3 years of "downturn", remnants of this may even remain in some corners. The reality now though, is that we are proud of an industry that is elsewhere perceived to be akin to tobacco, armaments and banking, vying for last place in the popularity stakes. At drinks and dinners, say you work in "Energy" not Oil... and feel the different reaction you get.
Nyonga-Fofang-Bambili-Group
Nyonga Fofang, Managing Director, Bambili Group
With a year of political upheavals in the US and Europe behind us, but predictions of further disruption ahead, what is the outlook for companies in the African energy space? It’s a new year, 2017, following Brexit, the US elections and gyrations in the oil and gas sector, among other sources of turmoil. Despite uncertainty, it’s time for African oil and gas firms to look forward.

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