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Cybersecurity: the knock-on cost of digital efficiency

July 26, 2019 by Energy Post Premium

The oil and gas market slump of 2015 brought extra pressure to bear on majors to reduce their breakeven barrel price. The quest for deeper efficiencies included a tidal shift toward digitalisation. According to Gaurav Sharma, vulnerable systems are in urgent need of upgrading and require constant protection at an estimated cost of $40 billion plus per annum. With existential external factors already putting the squeeze on investment, the growing … [Read more...]

Filed Under: Energy, Oil, Gas & Coal, PREMIUM Tagged With: cybersecurity, Digitalisation, energy majors, Misrosoft, oil and gas, profitability

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      Recent Posts

      Germany’s proposed de facto ban on new fossil boilers from 2024 meets fierce resistance

      Decarbonising Shipping: “book and claim” pilot uses clean fuel tokens that move from cargo through to fuel producers

      Perovskite: abundant, cheap, printable solar cells demonstrated, ready to generate power

      U.S. EPA: new rules proposed for cutting Fossil Fuel-Fired Power Plant emissions

      Financing Renewable Hydrogen globally: ramp up to 2030 only needs $150bn/year

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