Published: 30 March 2022
Oil and gas companies are adopting new patterns of partnership to drive faster and wider digital innovation and achieve added value from technology. Oil and gas strategy leaders can use this research to understand what is driving these changes and the approaches of leading companies.
Digital only became a strategic priority for oil and gas in 2018. Companies can achieve major value from digital initiatives, but many are still learning the competencies and approaches for effective large-scale exploitation of digital technologies.
Third parties’ skills, knowledge and thinking can fill gaps and complement companies’ core competencies.
Mutual competency growth and innovation can be accelerated through close collaboration in an open-ended manner, often at speed, and sharing of knowledge and resources.
Typical procurement, commercial and service management approaches suppress these characteristics. Innovation-centric collaborative partnering approaches can address barriers and are spreading in the industry.
To effectively address capability gaps
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