Title

AWS re:Invent 2022 - Energy upstream innovation: bpx on AWS (ENU203)

Summary

• Scott Sanderson, Global Director of Business Development for AWS Energy and Utilities, introduces the session and discusses the importance of digital innovation in the energy sector, emphasizing the need for practical applications of cloud technology to improve physical assets and workflows.
• Jordy Harrell, CIO of BPX Energy, presents how BPX has leveraged AWS to innovate in the upstream oil and gas industry, focusing on three main use cases:
  1. Migration of Operational Technology (OT) to AWS, centralizing data and reducing costs.
  2. Edge automation and sensing control, using AWS to innovate at the edge with more powerful strategies and improved security.
  3. Utilization of Amazon SageMaker for production forecasting, aiming to improve accuracy and efficiency in forecasting production.
• Harrell emphasizes the importance of looking outside one's industry for innovative solutions and the potential for significant operational efficiencies and ROI through the use of AWS services.

Insights

• The energy sector is increasingly integrating digital technologies, such as cloud computing and AI/ML, to optimize operations and reduce carbon footprint.
• BPX Energy's approach to digital transformation includes centralizing data in the cloud, which has led to cost savings and improved cybersecurity.
• The use of AWS services, particularly in edge computing and machine learning, has enabled BPX Energy to innovate beyond traditional industry practices.
• BPX Energy's focus on net-zero emissions and cleaner energy production aligns with broader industry trends towards sustainability and environmental responsibility.
• The case study of BPX Energy illustrates the potential for cloud technology to drive significant improvements in the energy sector, including operational efficiency, cost reduction, and environmental impact.
• The concept of "two-way doors" introduced by Scott Sanderson highlights the need for a culture of experimentation and adaptability in the energy industry to foster innovation.